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%.
RECENT POSTS:
One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down.
A lot of people who want to move are telling themselves the same thing:
"Maybe I'll just wait until later this year once things calm down."
You may have heard April 12-18 was the “best week” to list your house in Lake Arrowhead. That’s based on a report from Realtor.com. But now that it’s passed, you may be wondering if you missed your moment.
There’s a lot of uncertainty right now and that’s leading
to some dramatic headlines.
If you’re getting a tax refund this year, here’s something worth thinking about. That money could actually help you get closer to buying a home.
There’s a lot of noise out there right now about investors in the housing market.
