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Zuzek Pope Home & Land Specialists

Zuzek Pope Home & Land Specialists

Minnesota Real Estate

  • David    (651) 249-7150
  • Patty    (651) 208-8051
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2020 Housing Market Predictions – Realtor.com

January 3, 2020 by Patty Zuzek

Written By: Realtor.com George Ratiu Sr. Economist

– Home price growth will flatten, with a forecasted increase of 0.8  percent
– Inventory will remain constrained, especially at the entry-level price segment
– Mortgage rates are likely to bump up to 3.88 percent by the end of the year
– Tight inventory and rising mortgage rates will lead to dropping sales
– Buyers will continue to move to affordability, benefiting mid-sized markets

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Category: General
Previous Post:December 2019 Newsletter
Next Post:January 2020 Newsletter

801 Cliff Road East, Ste #135
Burnsville, MN 55337

(651) 249-7150 David Pope
(651) 208-8051 Patty Zuzek

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