469-582-0282
RE/MAX DFW Associates VI 11955 Dallas Parkway #300 Frisco, TX 75033
T he H omestead at C arrollton
Each office independently owned and operated
C ynthia F owler
RE/MAX Hall of Fame REALTOR®, ABR, SRS, SFR, I.R.E.S RE/MAX DFW Associates VI
214-803-3452
CynthiaFowler@remax.net www.TheHomesteadHomes.com
2020 REAL ESTATE TRENDS What You Need to Know Home Prices are Still Rising Slowly Home prices grew slower in 2019 than 2018, and this year seems like it will be no different. Experts predict that home prices will rise 2.8% in 2020, so you’ll likely see home prices continue to creep up. What This Means for Sellers: A nice profit may be on the horizon! Be aware of your competition. You want your home to really stand out from others - I can help!
Mortgage Interest Rates are Dropping (for Now) Mortgage rates started going down in 2019—steadily dropping below 4.0% for common types of loans. In 2020, economists believe rates will stay around 3.7% for a 30-year mortgage and 3.2% for a 15-year mortgage. What This Means for Sellers: Buyers will be more motivated to buy your home. An experienced real estate agent can help you set expectations.
R eal E state M arket R eport | A pril 2020
The Majority of Home Buyers Are Still Millennials Once again, millennials took the lead as the largest group (37%) of home buyers last year. What This Means for Sellers: Know your buyer! Upgrade your online listing, highlight perks over size, and know popular features. Utilizing an expert real estate agent can help you prioritize key aspects to entice the right buyers. Source: https://www.daveramsey.com/blog/real-estate-trends
Jonathan-Thomas and Angela-Marie, Take advantage of the current trends by partnering with your community expert. Let me help you achieve your goals this year! Call me today at 214-803-3452.
Prepared Especially for Jonathan-Thomas and Angela-Marie Washington Presented by Cynthia Fowler RE/MAX DFW Associates VI The Homestead’s Top-Producing Agent RE/MAX Hall of Fame D Magazine - 2019 Top Producer