{"id":14894,"date":"2019-02-12T13:45:24","date_gmt":"2019-02-12T13:45:24","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=14894"},"modified":"2019-02-12T13:45:25","modified_gmt":"2019-02-12T13:45:25","slug":"2019-promises-to-be-better-for-buyers","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/2019-promises-to-be-better-for-buyers\/","title":{"rendered":"2019 Promises to Be Better for Buyers"},"content":{"rendered":"

2019 Promises to Be Better for Buyers<\/h1>\n
\"2019<\/a>

2019 Promises to Be Better for Buyers<\/p><\/div>\n

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After inventory and affordability challenges in 2018, prospective home buyers may have better chances of scoring a property this year. Affordability will remain an issue in some high-priced markets, says realtor.com\u00ae Chief Economist Danielle Hale, but overall, the national market is looking brighter for buyers who have stayed on the sidelines. Here\u2019s why.<\/p>\n

More homes are for sale.<\/strong> For the last few years, a limited number of listings has given buyers fewer choices. But housing experts predict more robust inventory this year. \u201cFor buyers, there is going to be more inventory, so that\u2019s a bright spot,\u201d Hale says. \u201cThe downside of that bright spot is it might not be in their price range.\u201d The supply of homes for sale under $300,000 may not grow significantly, but they\u2019re also not decreasing, she adds.<\/p>\n

Home price growth is slowing.<\/strong> Home prices will still rise but at a much slower pace than the last few years. Hale predicts a 2.2 percent increase in home prices this year, down from last year\u2019s nearly 5 percent growth. \u201cWe do still anticipate rising home prices, particularly for below-median-priced homes, so buyers in that price range may have some incentive to buy sooner rather than later,\u201d Hale says. On the flip side, “as rising costs raise the bar to home ownership, some would-be buyers will be knocked out of the market. [That means] remaining buyers may have less competition to contend with than they saw in 2018.\u201d<\/p>\n

Mortgage rates are lower.<\/strong> The 30-year fixed-rate mortgage has backed away from the 5 percent mark, decreasing early this year. That means lower borrowing costs for buyers. The 30-year fixed-rate mortgage averaged 4.41 percent last week. \u201cThat\u2019s definitely a huge opportunity for buyers because it drastically improves affordability,\u201d Hale says. \u201cAnd I think that if these low rates persist for a little while, then we\u2019ll actually see stronger sales than we originally forecast.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\u201cTake the Plunge: The 4 Best Reasons to Buy a Home This Year<\/a>,\u201d realtor.com\u00ae (Feb. 6, 2019)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

2019 Promises to Be Better for Buyers After inventory and affordability challenges in 2018, prospective home buyers may have better chances of scoring a property this year. Affordability will remain an issue in some high-priced markets, says realtor.com\u00ae Chief Economist Danielle Hale, but overall, the national market is looking brighter for buyers who have stayed … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-14894","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\n2019 Promises to Be Better for Buyers - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/2019-promises-to-be-better-for-buyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2019-promises-to-be-better-for-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2019-promises-to-be-better-for-buyers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"2019 Promises to Be Better for Buyers\",\"datePublished\":\"2019-02-12T13:45:24+00:00\",\"dateModified\":\"2019-02-12T13:45:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2019-promises-to-be-better-for-buyers\\\/\"},\"wordCount\":354,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2019-promises-to-be-better-for-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/02122019.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2019-promises-to-be-better-for-buyers\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2019-promises-to-be-better-for-buyers\\\/\",\"name\":\"2019 Promises to Be Better for Buyers - 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