Saturday, January 25, 2020

RE/MAX National Housing Report January 2020

RE/MAX National Housing Report January 2020


Happy New Year! I hope that 2020 is off to a good start for you and your family. A new decade brings much excitement when it comes to the housing market. The year ended off with record numbers according to the RE/MAX National Housing Report. Here are three takeaways from the last report. 

  • December saw record sales with year-over-year gains of 13.5% - the highest increase of any month in 2019 and the best December since 2009. 
  • The number of homes on the market decreased by 14.5% - another record. 
  • Sale prices were up 3.8%.

December’s record-breaking numbers are on the path to continue the first quarter of 2020. Interest rates are still low, and sales are expected to remain up throughout the first part of the year. If you’re thinking about a new home for the new year, it’s time to start your search. Let’s get together to talk about your needs. Please text, call or email to set a time to meet. 


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