Lessons; From Home Prices 2019 On The Upswing!
National home prices increased 4% year over year in December 2019 and are forecast to increase 5.2% from December 2019 to December 2020, according to the latest CoreLogic Home Price Index (HPI®) Report. The December 2019 HPI gain was down from the December 2018 gain of 4.4% and was up from the November 2019 gain of 3.5%. Price appreciation averaged 3.6% for full year 2019, a large slowdown from the 2018 full year average of 5.8%. Home price growth started last year off at 4.2% in January, dipped down to 3.3% in late summer, but then started climbing back in November, reaching 4% at the end of the year. The full year average for 2020 is expected to climb to 4.6%.
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Selling your house in Lake Arrowhead this fall is absolutely doable. But there’s something you need to know about this time of year.
Ask a couple people how the housing market is doing and you’ll probably get a couple different answers. That’s because right now, the market runs on 2 very different tracks, split by price point.
You've been waiting for something to change before you buy. It just might not be the thing you expected…
While everyone’s paying attention to mortgage rates, only the savviest buyers know that the changing season in Lake Arrowhead can start tipping things in their favor.
You're scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app. Why?
You may have heard the number of homes for sale isn’t growing like it was.
Ask around and almost every homebuyer out there wants to know if there’s a way to get a better deal. And just about every seller wants to know if they'll still get top dollar.
