With the start of the new year and decade, many of you may be wondering if 2020 is a good year for you to purchase or sell a home. Every year, the major banks and real estate players such as Fannie Mae, Freddie Mac, CoreLogic, and Goldman Sachs make annual market predictions. After taking a look at all the major real estate players’ predictions and forecasts, I have developed a housing market forecast for 2020 to help you decide what is best for you and your housing goals this year.
In summary, 2020 will be very similar to 2019 with a few key differences. There will be more inventory and prices will change. Watch this week’s full episode of KeriTV to get a full California housing market forecast for 2020 and see the major changes happening in the real estate market this year!