The latest real estate trends are best described as a mixture of both positive and negative developments. For starters, the prices of real estate property continue to skyrocket, which is being driven by a variety of factors. Such factors include the looming economic downturn and the emergence of a new buyer demographic, in the form of Millennials. However, some sectors are not that comfortable with the increase in home prices, expressing worries that a housing crash may be on the horizon.
Here, we present to you the latest real estate trends for 2019 including research results that have many pundits remaining confident of the real estate market. You’ll also understand why the decline of home price increases and the rise in mortgage interest rates that marked 2018 are seen to result in changes in the US real estate market, particularly for homebuyers.