Economists say that 2020 will be a positive — though not exactly stellar — year for the housing market.
And that could be good news for renters and home buyers alike.
But that’s assuming experts’ forecasts are right.
Will the housing market crash in 2020?
Most Americans are concerned that the real estate market is going to crash. A 2017 survey found that 57% agreed that there would be a “housing bubble and price correction” by 2020. 1 As a result, 83% of them believe it’s a good time to sell.
Will 2020 be a buyers or sellers market?
“2020 will prove to be the most challenging year for buyers, not because of what they can afford, but rather what they can find.” Sellers, too, will experience trouble, save for those in the entry-level market, researchers predict.
Is real estate a good investment for 2020?
Best Real Estate Markets For 2020 and Beyond
Top 10 real estate markets for 2020 include Austin, Dallas, Nashville, and Atlanta. Factors that make a real estate market good include population and job growth, business-friendly government, high absorption and low vacancy rates.