Zillow’s 2019 Predictions: Worsening Affordability, Commutes, Natural Disaster Losses

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It’s that time of year when real estate prognosticators dust off their crystal balls and make prediction about the coming year.  Zillow is weighing-in with their own list where they say rising mortgage rates will set the scene and will affect everyone, driving up costs for home buyers and creating more demand for rentals.  Indeed…

Here are the 6 major items Zillow sees happening in 2019:

  1. Mortgage affordability takes a hit
  2. Rents reverse course
  3. Commutes get worse
  4. Amazon HQ2 ‘losers’ see a boost
  5. Natural disasters claim a record number of homes
  6. Home value growth slows

Click here to read the full story at Zillow.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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