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NAR’s Yun forecasts new home sales boom in 2019 – RealtyBizNews: Real Estate News

9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers Five hidden costs that surprise first time home buyers Are you planning to buy a house for you for which you were dreaming for a long time? Don’t take the decision of buying a house lightly as it costs you a lot.

In this video, NAR Chief Economist Lawrence Yun talks about November pending home sales, big swings in the West region, affordability, the effect of the government shutdown on flood insurance and home sales, and gives his forecast for 2019.

Cheaper borrowing costs, lower prices and more jobs may entice homebuyers in coming months, helping the real-estate market regain its footing after the end of a tax credit caused demand to slump. “The.

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Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

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RealtyBizNews: Real Estate News.. NAR’s Yun forecasts new home sales boom in 2019.. Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish.

The FCC proposed tough new technology rules in February 2014. frustrated buyers who have not been able to find a home so far remain active, supporting continued strength in sales across much of.

New York Real Estate Predictions 2018 There’s no shortage of doom and gloom talk about a US housing crash that would take NYC down with it. In fact the recent reports of high foreclosure rates in Queens, Bronx and Staten Island are a little alarming. They’re not quite as negative though as those in other.

The Pending Home Sales Index, an indicator of future activity, edged up in October, although it was still off 18.4 percent from october 2006. olick also dutifully reported NAR’s annual year. Are.