THE HOUSING MARKET IS NORMALIZING IN 2019 Country Place Homeowner, Call Oscar today to find out how the specific market trends in Country Place could impact your home value! Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR https://www.keepingcurrentmatters.com/2018/12/28/where-is-thehousing-market-headed-in-2019-infographic/
HISTORIC RATES
30-YEAR FIXED INTEREST RATES The real estate market is projected to have a GREAT year in 2019! Interest rates will rise as price appreciation starts to slow to more normal levels.
1970 8.86%
5.3 5.2 4.9 Q1
Sales of new and existing homes will climb as more inventory comes to the market!
5.0
Q3
1980 12.7%
Q4
1990 8.12% 2000 6.29%
Q2
Even with rates rising, you can still secure a lower rate than your parents or grandparents did!
2019
2018 2019
in millions
According to CoreLogic’s Home Price Index
Home Prices in 2019 will appreciate by:
4.8%
6.24
HOME SALES
HOME PRICES
6.08 6.02
6.04
6.07 6.00
6.00 5.96
year-over-year
*Historic normal home price appreciation is 3.6%
Freddie Mac
Fannie Mae
MBA
NAR