In 2020, low interest rates and softening home prices are creating more affordable opportunities for buyers who are migrating from expensive urban markets to suburban area of mid side cities. However, supply is still low, expecially for starter homes" at lower price tiers, which means sellers can demand a premium in may markets. Due to low supply, the bidding wars are likely to continue in markets which good location and easy access to cities and Washington DC.
2020 Housing Market Trends
Mar 06, 2020