Wow. Believe it or not, we are more than halfway done with 2019. With the slow start to the year, it seemed as though the housing market was not only going to slow down but could be in a turn for many in the housing industry to start panicking. With mortgage rates dropping, many people thought that might jump-start the housing market once again. However, just because mortgage rates dropped doesn’t mean many buyers suddenly reenter the housing market.
A recent Forbes housing market report was conducted to see just how the housing market is doing compared to years past. Here’s how leading industry economists are piecing together the first stretch of 2019 and what they say is in store for the future of housing.