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2019 Housing Market Outlook

Although it’s impossible to predict the future, current trends and statistics create a picture of the market’s health. Read on for where the market is now, three things to watch for in 2019 and the market outlook. The National Market as we begin 2019 Home prices are up 4.6 percent and the average home value is $264,800.1 Sales may be down, but prices will continue to rise. This is good news for sellers, but may keep buyers on the side...

Waiting to Buy a Home?

Waiting to Buy a Home? You May Miss out on Low Interest Rates In December, the Federal Reserve raised the key interest rate by a quarter-point to range of 0.25% to 0.5%, the first rate increase in nearly a decade.1 While some experts expect the Fed to raise rates gradually this year, some economists expect rates to increase three or four more times this year .2 Increases are anticipated to amount to a quarter-point each time, and when they do o...