Why Did Housing Market Potential Improve in April?

Why Did Housing Market Potential Improve in April?

Just because housing prices are high, it does not mean there will be a housing market crash. There are many other factors that we must look at. I think this housing market is much different from the last crash for a number of reasons.

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 · US consumers are less optimistic and given they and the housing market will have to support GDP, jobs, and housing demand, there is a real threat of a housing crash. Oil prices are rising and there’s no expectation IRAN will change its ways so sanctions will be lifted on their oil output.

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 · Seattle hits 20 months as the nation’s hottest housing market, but relief for buyers may be on the horizon. Seattle home prices in April rose 13.1 percent over the same period a year ago. Las Vegas and San Francisco held on to their spots just behind Seattle with annual price growth of 12.7 percent and 10.9 percent respectively.

You might also be taking your home’s lack of buyer interest personally and asking yourself, why don’t potential buyers love. ideal time to put your house on the market, you’re certainly not the.

Interest rate impact: what comes next for borrowers and savers  · After the interest rate rose 0.25% last November borrowers started paying more but rates for savers changed very little. So savers hoping for better returns might want to look at other uses for money they don’t need to hold in cash, such as longer term investments or pension planning.

Seattle hits 20 months as the nation’s hottest housing market, but relief for buyers may be on the horizon. Seattle home prices in April rose 13.1 percent over the same period a year ago. Las Vegas and San Francisco held on to their spots just behind Seattle with annual price growth of 12.7 percent and 10.9 percent respectively.

The housing picture is likely to improve in 2018: Home prices are expected to climb, but not as fast; More houses could be for sale toward the end of the year, giving home buyers a greater.

Despite home values climbing for years, the median home in 36 of the country's 50 largest metro areas is theoretically affordable to households that earn the.

What will the Seattle housing market look like in 2019?. There were 3.9% of homes with negative equity as of June 2018.. As mentioned above, the price increase will happen at a slower rate.. policies and other regulations that might make the situation more difficult or those that will open doors of opportunities for you.

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