Buy Now Home Prices Going Up 3 In 2020

Dated: November 8 2019

Views: 290

Featured Image

 Fall 2019 has been projected as a great time to buy, due to continued low mortgage interest rates which are expected to stay through the end of the year.

Fall shoppers tend to save more money as there is often less competition from other buyers. Sellers who missed the summer window have a sense of urgency to sell before winter sets in and buyers go into hibernation. 

According to senior economist for the National Association of RealtorsGay Cororaton says "The NAR expects the median price of existing homes to increase by 3% in 2020, from $269,600 to $278,500 (an increase of nearly $9,000). 

If you are considering buying a home, now would be a good time to get pre-approved and begin looking at could be settled and in your new home in early 2020 before the spring market arrives and prices go up! 


Search Twin Cities Homes for Sale




Search Twin Cities Homes for Sale

Latest Blog Posts

Your Fall Color Guide To The SW Metro

Best Parks for Fall Colors in SW MetroFall colors have arrived and this weekend appears to have great weather again to get out and enjoy the scenery!Three Rivers Park District

Read More

New Restaurants Coming To SW Metro

New food options are coming to the area - Locally owned and operated My Burger will be opening a new location in Eden Prairie (by Jerry's Foods off Hwy 169 - anticipated opening late

Read More

Splash Pad And Waterpark Guide For The Southwest Metro

Splash Pads, Beaches & Waterpark Guide For The Southwest MetroFREE Splash Pads to visitSplash Pad at Burnes Park (Hopkins)Splash Pad at Cedarcrest Park (Bloomington)Splash Pad at Cliff Fen

Read More

Cities In The Southwest Metro That Allow Chickens

Owning “backyard” chickens has become a new hobby for many homeowners, especially with all the time spent at home over the last year. They have become more popular due to their unique

Read More