Will 2020 become a buyer's market? Time will tell.
Trends in the real estate market are influenced by inventories, home prices, interest rates, days on market, regional differences, population shifts, global stability and more. Let’s take a look at the implications of a few of these factors.
“Will the 2020 US Housing Market Be A Seller’s Market Or A Buyer's Market?,” MASHVISOR, Eman Hamed, September 15, 2019
“Will 2020 Be a Good Year to Buy a Home in the U.S.?,” Home Buying Institute® (HBI), Brandon Cornett, September 5, 2019
“Surprise: Forecast Predicts Mortgage Rates Could Be Lower in 2020,” Home Buying Institute® (HBI), Brandon Cornett, September 9, 2019
“Fall housing shifts quickly to a buyer's market,” CNBC, Diane Olick, September 9, 2019
Maximum income and loan amount limits may apply. Fixed-rate mortgages (no cash out refinances), primary residences only. Certain property types are ineligible. Maximum loan-to-value (“LTV”) is 97%, and maximum combined LTV is 105%. For LTV >95%, any secondary financing must be from an approved Community Second Program. Homebuyer education may be required. Other restrictions apply.