Economists are sounding more upbeat toward the housing market this year. Realtor.com® has revised its 2019 housing forecast, reflecting optimism for a much stronger market. Lower mortgage rates are mostly behind the shifts in attitude.  Realtor.com® economists are projecting mortgage rates to average 4.5 percent by the end of the year—nearly a percentage point lower than they originally forecasted. The lower mortgage rates are increasing buyers’ purchasing power, despite a continued uptick in home prices.

Full Article here: Latest Housing Forecast Paints a Rosier Picture

Contact the Thomas & Kauffman Team today if you would like to buy or sell a home in the Austin metro area – (512) 730-1252 or info@AustinTxHomeSales.com.

#Real Estate #AustinHomes #Thomas&KauffmanTeam  #MoveToAustin  #Relocate #RelocateToAustin  #AustinHomeBuyers   #AustinHomeSellers