Sep 26 2018 63584 1

Dated: 09/26/2018

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Housing Market 2019 Outlook

The Housing Market Predictions for 2019? The US economy is predicted to grow 3 to 5% (now 4.2%), and with house construction intact, and employment strong, and US wages rising, we’ll see more Americans buying a home. For many happy people, it will be their first home.

As you’ll read below and in the full US housing market report, there is uncertainty, but that doubt can’t hold back persistent demand from Millennial buyers from New York to Los Angeles to Miami. Even laggards such as Houston, Philadelphia, Cleveland, Pittsburgh, and even Chicago might be the darlings of 2019 and 2020.  See the supporting stats below from NAR, Zillow, Tradingeconomics, FreddieMac, Forbes, Forisk, and more.

Astonishingly, only 30% of Californians own their home, not quite the traditional American Dream.  The good news, the economy is growing healthy again, not only in California, but in Florida, Texas, Massachusetts and New York.

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Deirdre Lucey-Humphries

Deirdre is a Broker and co-owner, with her husband Steve, of EXIT Realty Champions in Davenport - the closest office to Disney World Orlando! With 12 years of experience over a broad range of real est....

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