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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Blog Image: Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next year will be equal to or outpace 2019.

December 30th, 2019 | For Buyers, For Sellers, Housing Market Updates, infographic, Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

Blog Image: 2020 Forecast Shows Continued Home Price Appreciation

2020 Forecast Shows Continued Home Price Appreciation

Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year: Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in two years. Based on the most recent results, 32 of the 50 U.S. states (plus D.C.) had a minimal probability of lowering by 2021. Bottom Line Experts forecast home price appreciation to c...

December 29th, 2019 | Housing Market Updates, Pricing, 2020 Forecast Shows Continued Home Price Appreciation

Blog Image: When a House Becomes a Happy Home

When a House Becomes a Happy Home

We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership. No matter the size or shape of a living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the feel-good connections to our own homes are typically more important to us than the financial ones. Here are some of the reasons why 1. Owning your home offers stability to start and raise a family From the best neighborhoods to the top school districts, even...

December 28th, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, When a House Becomes a Happy Home

Blog Image: Year-Over-Year Rental Prices on the Rise

Year-Over-Year Rental Prices on the Rise

Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a great time to think about making a jump into homeownership while mortgage rates are low. As noted in the National Rent Report, “the national rent index increased by 1.4 percent year-over-year.” With average rents on the rise, this year-over-year increase may not sound like much, but it can add up &n...

December 27th, 2019 | Rent vs Buy, First Time Home Buyers, For Buyers, Year-Over-Year Rental Prices on the Rise

Blog Image: Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC]

Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC]

Some Highlights: Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process. A real estate professional can explain current market conditions and break down what they will mean to you and your family. If you’re considering buying or selling a home in 2020, make sure to work with someone who has the experience to answer all of your questions about pricing, contracts, and negotiations.

December 26th, 2019 | infographic, Move-Up Buyers, First Time Home Buyers, For Buyers, For Sellers, Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC]

Blog Image: The Biggest Issue Facing Housing Next Year

The Biggest Issue Facing Housing Next Year

This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation.  But the biggest issue the housing market will face in 2020 is an inventory shortage.  There aren’t enough homes on the market for buyers, especially on the lower end of the market. This is a topic that has come up frequently within the past several months. Based on what is forecasted, we know that interest rates are projected to remain low and that appreciation is expected to continue as we move into 2020.  Additionally, the upcoming el...

December 25th, 2019 | Housing Market Updates, For Buyers, For Sellers, The Biggest Issue Facing Housing Next Year

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