This is my forecast for the year 2020 - Watch it Grow!

As I gaze into my crystal ball, I see a great year for Real Estate!  Interest rates are still at an all-time low and it is anticipated that it will remain that way throughout 2020.  I do not see the interest rates climbing higher than 4.5%  That being said, I also believe that we may even get to 3.0% or even dip into the 2% range!  Currently, the inventory is low and has been decreasing over the last few months.  That is certainly typical this time of year.  The job market is very strong, and people are feeling good about the economy of the nation.  All these factors will come together similar to what happened in 2002.  I don't believe that we will experience the same super increase in prices for the next 5 years or so, but I do predict that the sales price might grow as much as 10% this year.  So, what does that mean to you?  If you are looking to purchase a first home or you are looking to move-up to a larger home, you really should consider doing that right now.  Spring will be a seller's market, and buyers will be paying more than list price and fighting to get their dream homes.  If you are retiring or downsizing, I would suggest you wait til late spring or as late as early fall, I believe the market will still be strong at the prices will be maxing at that time.  Time the market correctly!  Hire me to give you the advise to make the most of your investment.