{"id":2373,"date":"2019-07-23T05:00:22","date_gmt":"2019-07-23T10:00:22","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/what-experts-are-saying-about-the-current-housing-market\/"},"modified":"2020-10-28T11:09:47","modified_gmt":"2020-10-28T16:09:47","slug":"what-experts-are-saying-about-the-current-housing-market","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/what-experts-are-saying-about-the-current-housing-market\/","title":{"rendered":"What Experts are Saying About the Current Housing Market"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/07\/18152427\/20190723-Share-KCM-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"What Experts are Saying About the Current Housing Market | Simplifying The Market\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>We\u2019re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019.<span id=\"more-40273\"><\/span><\/p>\n<h4><strong>Here\u2019s what some have to say: <\/strong><\/h4>\n<p><a href=\"https:\/\/news.move.com\/2019-06-06-Homes-Becoming-More-Affordable-Despite-Rising-Prices\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Danielle Hale, <em>Chief Economist<\/em> at <em>realtor.com<\/em><\/a><\/p>\n<blockquote>\n<p><em>\u201cLower mortgage rates, higher wages and more homes for sale have helped counteract rising home prices, and ultimately, made it so that buyers are able to afford more than last year.\u201d<\/em><\/p>\n<p><em>\u201cOur outlook implies 4% growth for the remaining months of the year, predicated on\u2026more supply than last year, the decline in mortgage rates, moderating home price appreciation and improving affordability.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Lawrence Yun, <em>Chief Economist<\/em> at <em>NAR<\/em><\/p>\n<blockquote>\n<p><em>\u201cRates of 4% and, in some cases even lower, create extremely attractive conditions for consumers. Buyers, for good reason, are anxious to purchase and lock in at these rates.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Doug Duncan, <em>Chief Economist<\/em> for <em>Fannie Mae<\/em><\/p>\n<blockquote>\n<p><em>\u201cModerating home price appreciation and attractive mortgage rates continue to support affordability, particularly as home builders are now paying more attention to the entry-level portion of the housing market.\u201d<\/em><\/p>\n<\/blockquote>\n<p><a href=\"https:\/\/magazine.realtor\/for-brokers\/network\/article\/2019\/05\/answering-clients-most-pressing-questions-this-spring\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Kaycee Miller in a <em>Realtor Magazine<\/em> article<\/a><\/p>\n<blockquote>\n<p><em>\u201cAt the moment, some observers suggest the housing market is indeed headed for a slowdown. But no need to panic \u2014 experts say the financial and economic factors that were in play during the big crash a decade ago don\u2019t exist today.\u201d<\/em><\/p>\n<\/blockquote>\n<h3><strong> Bottom Line<\/strong><\/h3>\n<p>The housing market will be stronger for the rest of 2019. If you\u2019d like to know more about your specific market, let\u2019s get together to chat about what\u2019s happening in our area.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019. Here\u2019s what some have to say: Danielle Hale, Chief Economist at realtor.com \u201cLower mortgage rates, higher wages and more homes for sale [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2374,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-2373","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Experts are Saying About the Current Housing Market&#8212;NWI Loan Guy Blog<\/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:\/\/nwiloanguy.com\/blog\/what-experts-are-saying-about-the-current-housing-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Experts are Saying About the Current Housing Market&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"We\u2019re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019. 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