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Where is the Housing Market Headed in 2020?

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Where is the Housing Market Headed in 2020?

Sandy Blanton

BIO: Broker Sandy Blanton is a Pensacola native has been a leader in the gulf coast's real estate industry over the past 30 years...

BIO: Broker Sandy Blanton is a Pensacola native has been a leader in the gulf coast's real estate industry over the past 30 years...

Dec 26 1 minutes read

Where is the Housing Market Headed in 2020? 

Where is the Housing Market Headed in 2020? [INFOGRAPHIC] | MyKCM


Some Highlights:

  • Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020!
  • According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year.
  • Experts predict that the number of homes sold next year will be equal to or outpace 2019.

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