2019 Home Sale Expectations


Home Sales Expected To Continue Increasing In 2019


Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019.


As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe that homes sales will increase steadily over the next year. If you are a homeowner who has considered selling your house recently, now may be the best time to put it on the market.


If you are looking to purchase a home in 2019, or even in 2018, Please reach out to me and let's see what I can do to help you. 

Jeremy Lemm
509-217-9904
jjlemmrealtor@gmail.com



Comments

Post a Comment

Popular posts from this blog

Curb Appeal for Everyday

Image
  Curb Appeal 5 suggestions and a bonus.  With today’s market selling a property seems to be easier than ever. Low inventory and high demand are driving the market. But, how do you set your property apart from the rest from the moment the potential buyer pulls up in front of your property?  Why is curb appeal important? Most buyers, unless they are driving up & down the streets looking for “For Sale” signs, are finding the properties online. You need to make it “POP” in pictures to catch the buyers as they swipe through the properties, regardless of what site they are using. Here we will go over a few items that seem like no brainers, but sellers tend to not think about or feel is not needed. Below I will briefly go over 4 things property owners can do to draw attention to their property whether they are selling or not. #1. Mow the lawn. This is one of those well duh.. But you’ll be surprised how many sellers once they list their property, especially if they don’t li...
Read more

Spokane's Low Real Estate Inventory

Image
Here we are in the 2 nd month of 2018 and I must say one of my FAVORITE months. January was a whirlwind of a month. It was here, I blinked and it was gone. For the real estate industry lots has happened already. Washington State Governor Inslee has signed Bill 6091, hopefully fixing the Hirst Decision. Homes are listed for sell and are gone before you know it. The inventory of homes for sale is currently at an all time low for Spokane County. As of the writing of this post there are only 651 homes for sale that fall under the following criteria: -           Price: $1million or less -           Status: Active, New, Back on Market, Price Change and Extend (agreement between Realtor and Seller to sell extended) -           Sub-Type: Residential (non-manufactured homes), and Condos -           Lot size: ...
Read more

4 Reasons Why We Are Not Heading Toward Another Housing Bubble

Image
I found this article and found it interesting, especially with the Real Estate Market seeming to continue it's historic climb. I am sure we will see things to start cooling off, as we have seen in some markets. But, we will see the bottom drop out like we did in the early 2000's? 4 Reasons Why We Are Not Heading Toward Another Housing Bubble With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here are four key metrics that will explain why: 1.      Home Prices 2.      Mortgage Standards 3.      Foreclosure Rates 4.      Housing Affordability 1. HOME PRICES There is no doubt that home prices have reached 2006 levels in many markets across the ...
Read more