REAL ESTATE TRENDS FOR 2020

#1 Home prices are still on the rise. Real estate gurus predict that home prices will rise by 2.8% in 2020.

#2 Interest rates are still on the decline (for now). In 2020, economists think interest rates will stay around 3.7% for a 30-year mortgage and 3.2% for a 15-year mortgage.

#3 Unemployment in the US is at 50-year lows.

#4 The majority of buyers are still Millennials. This means you need to hire a real estate professional who is not only in tune with what the current buyers are looking for in a home, but the way they are searching for homes.