Housing Outlook for 2020: A good year to buy!Waiting for a good time to get in on thehousing market? Experts forecast that it’s likely to be another banner year in 2020.Mat Ishbia, CEO
Jan 3 2020 38376 1
Competition for housing is so high, the spring market is starting now!
Spring has historically been the busiest buying season, but as competition for homes heats up across the country, January is the new April.
From 2015 through 2018, the peak month for average views per listing on Realtor.com was April. January lagged by a full 16%.
In 2019, however, January was the busiest month on the site in 20 of the largest 100 metropolitan markets
The severe shortage of homes for sale have buyers looking now instead of waiting for Spring. Buyers want to get a jump on having less competition . The best thing buyers can do right now is get pre-qualified for a loan especially with the low interest rates we are now enjoying. Remember, you can call me to fill out an application to find out what home price you qualify for. I not only have access to bank loans but I am a qualified mortgage broker for Quicken Loans and United Wholesale Mortgage as well. Call me at 818 262-0924 for the best rates.