Rocky Wilson-Palm Beach Farms-June 2019

Page 1

2766 Carnation Court, Delray Beach,FL 33445

REAL ESTATE MARKET REPORT

ROCKY WILSON 609.338.7140

REALTOR® & Neighbor

TAYLOR SCULL 609.579.6190

REALTOR® & Neighbor Email: RT@SignatureFlorida.com

WWW.HOMESINPALMBEACHFARMS.COM

HOUSING MARKET IS NORMALIZING IN 2019 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.

5.2 4.9 Q1

5.0

Q3

HISTORIC RATES

JUNE 2019

PALM BEACH FARMS

WWW.HOMESINPALMBEACHFARMS.COM

1970 8.86%

5.3

1980 12.7%

Q4

1990 8.12% 2000 6.29%

Q2

Sales of new and existing homes will climb as more inventory comes to the market!

HOME PRICES

2018 2019

in millions

6.08

According to CoreLogic’s Home Price Index

Home Prices in 2019 will appreciate by:

 4.8%

6.24

HOME SALES 6.02

6.04

6.07 6.00

6.00 5.96

year-over-year PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams Johnathan and Angela-Marie, Call us today to find out how the specific market trends in Palm Beach Farms could impact your home value! Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR https://www.keepingcurrentmatters.com/2018/12/28/where-is-the-housing-market-headed-in-2019-infographic/

PRESENTED BY

Rocky Wilson and Taylor Scull Your Neighbors and Palm Beach Farms Real Estate Specialists


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