Real Estate Trends

Real Estate

half keysReal Estate Trends

Home prices have risen nationally three times faster than incomes since the turn of the century.

In many large cities, home prices have outpaced income. Even with a downturn in the real estate market looming on the horizon, home sales are still headed for another record year.

The first sector to show slowing is the high-end home market because of “overpersonalized” decor.

Low-interest rates are the only continuing positive trend of the housing market. Low rates average now less than 6 percent for 30-year fixed-rate loans, the lowest since the 1960s.