Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year: Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in […]
Month: December 2019
On SPOTTS ROAD – Country living and less than 25 minutes to campus and downtown State College. Beautifully wooded and private 10.04 acre lot with a stream. Choose your builder and build your dream home. Property is in clean and green so taxes are very …
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.
Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value. CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights Report. The report revealed that: “U.S. homeowners with mortgages (roughly 64% of all properties) have […]
This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation. But the biggest issue the housing market will face in 2020 is an inventory shortage. There aren’t enough homes on the market for buyers, especially on the lower end of the market. This is a topic that has […]