It would be wonderful to have a crystal ball, but I don't. However Fannie Mae's forecast is a great resource of what may happen in the market. Home prices have slumped a little recently but are set to start rising again as interest rates fall further.
If you are thinking of buying do it now. Selling? Then let me help you get your home ready to take advantage of the next wave of buying.
“With lower mortgage rates taking effect, the deceleration in house price growth that was so prominent over the past year may be pausing,” Fannie said in commentary that accompanied the new forecast.
Read the article here for more in depth information.
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