Housing Market 2020 Forecast: Will It Crash or Recover?
Marco Santarelli
AUGUST 5, 2020
The positive forecast is that there is expected a short-term bump in sales for late summer and early fall due to pent up buyer demand, fear of the pandemic reducing, and low mortgage rates. The 30-year fixed-rate averaged 3.57% in the first quarter of 2020, down from 4.62% one year ago.
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