Q: Are Home Prices Falling?
Leigh Marcus
Real Estate Broker at Leigh Marcus | @Properties | Harnessing A Proactive Approach to Ensure a Seamless Client Experience | Fostering Value-Based Relationships | Real Estate Educator and Mentor | Connecting Community
Today I’m joined by my daughter Lauren to answer the question, “Will home prices go lower?” We definitely can’t predict the future, but here’s what we do know. The monthly cost of a home has fallen almost 20% over the last two years as interest rates have dropped from an average of 4.9% in 2018 to 2.9% today. If a home cost $1 million two years ago, it would now cost you the same as an $800,000 home with today’s lower interest rates. To learn more about why this is such a fantastic time for home affordability, watch our latest video.
Learn more: https://www.leighmarcus.com/blog/2020/10/14/q-are-home-prices-going-to-fall
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4 年So cute! Great insight too.