It’s one of the most common questions being asked. Will there be a housing market crash in 2020 or will it continue to rise? There have been certain indications, such as, changes to the federal interest rate or trade disputes that would lead to a slowing economy.
There were predictions to see a significant downturn in the demand for high-end real estate in 2019. World trade activity, geopolitics, and the anticipation of price being affected by inventory may have caused
First-time homebuyers in California are getting older, and it’s been good for housing market stability. According to Zillow, 33 percent of first-time buyers in California are over 40, and 16 percent are over 50. Nationally, the average age of the first-time buyer is just 34 years old. Is this significant?