What the 2020 Housing Market Looks Like


Today I’m sharing your housing market forecast for 2020.

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According to forecasts by First American and Redfin, the housing market is expected to really heat up in 2020, as the 2018 mid-year downturn is finally expected to come to an end.

Low mortgage rates, which are expected to hover around 3.8%, will likely invigorate the buyer market. This, in turn, will increase competition among buyers as the nation’s housing inventory continues to dwindle.

Overall, this could mean homebuyers will have fewer home buying options. While those low mortgage rates started revitalizing the market this past summer, their full impact on demand probably won’t be felt until the end of the first quarter of 2020.

Buyers in 2020 will have fewer homes to choose from than they’ve had in five years. However, the return of bidding wars is good news for sellers who have held out this past year while the market stabilized. According to leading economists, about one in four offers will face bidding wars in 2020, compared to one in 10 in 2019.

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Overall, this could mean homebuyers will have less home buying options.

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This will likely push annual price growth up to 6% in the first half of the year—considerably stronger than the 2% we saw for the first half of 2019.

By the end of 2020, it’s predicted that the strong seller’s market will entice many more homeowners and builders to list homes, therefore improving the balance between supply and demand. Later on, this balancing out will likely cause the annual price growth to be around 3% for the second half of 2020.

Call or text to set up your free room-by-room review and preparation to take advantage of the 2020 market ahead. We’re always happy to hear from you.

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Charlotte Volsch

What’s the right way to handle an inherited property—renovate, list, or sell it as-is? I am Charlotte Volsch, an Estate Property Advisor and Probate & Trust Real Estate Specialist helping attorneys, executors, and families make clear, confident decisions when selling inherited homes. I help attorneys, executors, and families navigate inherited property decisions throughout the Inland Empire and High Desert of Southern California, including Apple Valley, Victorville, Hesperia, Rancho Cucamonga, Redlands, Loma Linda, Fontana, and surrounding communities. Over the course of my career, I have completed 774+ real estate transactions across 24 years, including more than 230 probate and trust property sales. For the past 16+ years, I have focused specifically on estate property situations, working alongside probate and trust attorneys, fiduciaries, and their clients to guide each case from evaluation through sale. Many families are unsure what to do with an inherited home—whether to invest in repairs, list it traditionally, or sell it as-is. Without a clear strategy, estates can make costly mistakes such as over-improving a property, underpricing it, selecting the wrong sale method, or facing delays that impact timelines and estate objectives. I help evaluate those decisions early, so attorneys and their clients can move forward with clarity, avoid unnecessary risk, and choose the most appropriate path based on the property and the situation. I work directly with attorneys and their clients to determine the best path forward, whether that involves preparing a property for the retail market or facilitating a direct sale through a network of qualified investors. For properties that require repairs, may not qualify for traditional financing, or are best suited for as-is sale, I provide access to a network of more than 50 active real estate investors. Over the past 12 months, I have closed 68 transactions, reflecting consistent production and experience navigating changing market conditions. I guide each case using the C.A.L.M. Method: C — Clarify We identify what matters now versus what can wait. A — Align We define priorities—legal, financial, and personal. L — Lead I guide each step in the proper order to avoid delays and unnecessary complications. M — Move Forward Clients proceed with clarity and confidence. I am the Broker Owner of The Volsch Team at Volsch Enterprises, Inc., and hold certifications in Probate Real Estate through the National Association of Realtors (NAR) as well as Certified Probate Real Estate Advisor (Probate Biz). If you are an attorney handling probate or trust matters—or assisting a client with an inherited property—I’m available as a resource to help evaluate the best path forward.