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Berkshire Hathaway HomeServices Forecasts Bright Future for 2019 Real Estate Market

December 6th, 2018 · Leave a Comment

As the end of the year approaches, many homeowners are looking ahead to 2019. What will happen in the real estate market in 2019? Will home prices continue to increase? Will it be a seller’s market or a buyer’s market?

In 2018, home prices along with interest rates has continued to rise, inventory has been limited and homes have sold rapidly. What is on the horizon? Berkshire Hathaway HomeServices Florida Network Realty is forecasting a bright future for real estate in 2019.

“We have seen robust appreciation in nearly every area over the past several years, and that does have to normalize at some point,” said President and CEO Christy Budnick, Berkshire Hathaway HomeServices Florida Network Realty. “Given the job climate, the historically low interest rates and low housing inventory levels, we believe the real estate market will continue to be very strong in 2019. We anticipate slightly lower levels of appreciation, ranging from 3 to 5 percent as compared to the 5 to 8 percent most areas in Northeast Florida have seen.”

The leadership at Berkshire Hathaway HomeServices Florida Network Realty believes the market conditions in 2019 will be good for buyers and sellers alike. Based on industry data and trends, the company sees positive news ahead. To find out the specifics and learn more, visit the company’s blog.

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