Housing Market In 2020: Boom Or Bust? - News Summed Up

Housing Market In 2020: Boom Or Bust?


BROWN / AFP) (Photo credit should read FREDERIC J. BROWN/AFP via Getty Images) AFP via Getty Images2020 will be a challenging year for the housing market. "We think the housing market will remain strong for the most part in 2020, as low-interest rates will keep demand high for new mortgages," says Josh Stech, CEO, and Co-Founder of Sundae, a site that helps sellers get a fair price for their house. koyfin_20191205_122355161 KoyfinOn the other side, there's the problem of affordability, which will put the brakes on the housing market. That's what happened in the middle of the last decade when the housing market went from a boom in 2005 to a bust in 2007. Does it mean that the US housing market is where it was back in 2005?


Source: Forbes December 09, 2019 21:56 UTC



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