GettyTight inventory and flat prices headline realtor.com’s 2020 housing forecast. Key takeaways from the report, "sellers will contend with flattening price growth and slowing activity with existing home sales down 1.8%." Historically low inventory will create bumps in the housing road especially for buyers in that affordable/entry-level market. "Inventory is so low because we are not seeing a lot of sellers coming to market for various reasons. “I don’t think the market will have that same frenzy we saw before.”Selling prices remain almost flat around the country.

Source: Forbes December 08, 2019 23:48 UTC