It’s 16% Cheaper to Buy Now than Late 2018Home prices are going up; mortgage rates are going down. A study by Black Knight found that the buyer savings from mortgage rate drops more than
2018 Market Overview
Information provided by Gordcollins.com and gives a quick view of 2018 market predictions.
NAR/Realtor Outlook on the Housing Market
|Housing Indicator||Realtor.com® 2018 Forecast|
|Home price appreciation||3.2% increase|
|Mortgage rate||Average 4.6% mortage rates in 2018 to 5.0% (30 year fixed) by year end|
|Existing home sales||2.5% growth, low inventory problem easing|
|Housing starts||3% growth in home building 7% growth in houses|
|New home sales||Growth of 7%|
|Home ownership rate||Stabilizing at 63.9% nationally|
South Walton became my home over 12 years ago when David and I married and chose to settle and raise our children in Point Washington. His family has deep root in the community and I feel lucky to li....