“We’re predicting a fairly healthy year for the remainder of 2019”Metrostudy
But the report from MetroStudy and Zonda also says… “As time goes on we do predict a recession and job losses beginning at the latter part of 2021 and going into 2022.”
Other key takeaways from the report include:
- The national housing market will continue to be significantly under-supplied in 2019.
- The national housing market will become increasingly over-valued in 2019.
- The recent drop in mortgage rates may reverse as economic pressures combine with debt and higher risk.
- Additionally, there are worries over cost and reduced affordability, national debt and policies that damage the middle class.