The U.S. commercial real estate sector is on track for “one of its strongest years on record” in 2020, with billions of dollars likely to be invested according to commercial real estate servicer and investment firm CBRE. CBRE said the commercial real estate sector will see total investments of between $478 billion and $502 in
Zillow says housing affordability concerns will grow in 2019
The housing market is slowing as 2018 comes to an end, but home shoppers looking for a more affordable buying environment in 2019 might be disappointed. Next year, Zillow expects mortgage rates to continue to rise, putting a pinch on affordability, particularly in already expensive markets. Some buyers may be pushed back toward the rental
Lawrence Yun says the economy is strong, predicts stable growth in housing
The National Association of Realtor’s chief economist is optimistic that the real estate sector will continue to see stable growth, amid a strong economy. Lawrence Yun’s remarks came during a talk at the Realtors Conference & Expo in Boston last week, where he added that in his opinion another recession seems unlikely in the short
Expect housing to become a buyer’s market by 2020, experts say
Zillow’s latest Home Price Expectations Survey has revealed that it’s still a seller’s market as far as real estate is concerned, though the situation could change within the next 18 months.
Experts forecast more economic growth in 2019, but a recession may not be far away
U.S. economists are increasingly optimistic about the year ahead, with many of them forecasting further growth throughout 2019. Steven Rick, director and chief economist of CUNA Mutual Group, recently told HousingWire that he expects to see “above average” economic growth in 2019, though it might not be as strong as in 2018. The economy could
A new recession will hit the U.S. in 2020, experts say
The United States will likely enter the next recession in 2020, according to the 2018 Q2 Zillow Home Price Expectations Survey.
Home prices to continue their rapid rise in 2018, CoreLogic says
Home prices rose fast in the last year and are set to continue their rapid rise into 2018, according to a new forecast from CoreLogic, a real estate industry analyst firm.
Realtor.com predicts big changes for housing in 2018
Inventory constraints that have fueled a sharp rise in home prices and made it difficult for buyers to gain a foothold in the market will begin to ease next year as part
No respite for low inventory crisis in 2018, Zillow warns
Those hoping for relief from the ongoing inventory crisis won’t find it in 2018. At least, not if you believe Zillow’s latest forecast of what’s in store for real estate over the next 12 months.
Freddie Mac says sales will rise in 2018 as new home starts increase
It might be a bit early to start making predictions for real estate in 2018, but that hasn’t stopped Freddie Mac from attempting to do so.