Our Real Estate Closing Attorneys are ready for the U.S. housing market is predicted to be a pleasant one for prospective homeowners in 2019. This forecast has been backed by multiple sources, including:
- Forbes
- Forisk
- FreddieMac
- NAR
- Tradingeconomics
- Zillow
Ask a Real Estate Title Attorney: What’s Causing Market Growth?
Based on in-depth research by more than one Jacksonville real estate attorney on our team, we’ve come to the conclusion that the following variables are responsible for the housing market growth predicted for 2019-2020:
- Higher Employment Rates
- A Solid Construction Industry
- Increasing Earnings by Workers
- Returning Jobs to America
Based on these market stimuli, a real estate closing attorney would advise prospective buyers to start planning now – to buy a home in 2019.
Any credible Jacksonville real estate attorney, however, would tell you to err on the side of caution. For example, if you observe that mortgage rates are increasing at a steady rate over weeks or months, it would be a good idea to close the deal before the year’s end.
The Benefits of Using a Real Estate Title Attorney in a Buyer’s or Seller’s Market
If you’re in the market to buy a home, a well-studied and experienced real estate closing attorney can help you navigate the home buying process. Moreover, the legal aspects of the transaction can be delegated to these specialists.
A Jacksonville Real Estate Attorney Indicates the Telltale Signs of a Buyer’s Market
These include:
- An Increase in the Construction of Homes
- Flat Home Prices Across the Board
- A Strong Economy
- Barriers to Inflation, Such as Trade Wars
- Diverting Manufacturing Jobs Back to the U.S.
As these trends are becoming prevalent, a real estate title attorney may also urge sellers to put assets on the market – before home prices fall significantly in 2019 and 2020.
Though there are disputes about the state of the housing market on both sides of the political aisle, statistics do not lie: a buyer’s market is on the horizon.
This spells good news for buyers and general worry from sellers/owners.
Ask a Real Estate Closing Attorney: How Do I Make the Best Purchasing or Sales Decision?
Whether you’re a millennial or baby boomer who wants to buy or sell a home, this decision should be made with the help of a seasoned industry professional.
As the typical market patterns unfold with boom and bust cycles, both buyers and sellers can take advantage.
In a buyer’s market, for instance, prospective homeowners can benefit from lower housing prices.
On the other hand, a seller’s market provides leverage to flip a home investment into a substantial profit.
That’s where Campione Law P.A. comes in.
When you work with a real estate closing attorney at our law firm, you’re not only getting sound legal advice. You’re also getting practical financial tips with long-term benefits in mind.
To consult a real estate closing attorney at our law firm,