Real Estate Trends: 2020 & Beyond

Green Escrow | Real Estate News

Hipsturbia – a term ostensibly coined by The New York Times in 2013, referring to the young creatives in Brooklyn who could no longer afford Brooklyn’s increasingly high prices and were migrating to the suburbs and bringing their thirst for activity with them. Increasingly, developers are taking note of this desire for live-work-play in areas outside of cities.

Of course, housing these days anywhere is not cheap and it’s very possible that homeownership may decline to levels not seen since the 1930s and 1940s. This is causing an increase in house-sharing and prefab homes.

Undoubtedly, more changes are coming…

Real estate trends in 2020

Market News

It’s that time of year again – looking ahead to 2020 and trying to forecast what’s to come.

Home values have increased in the United States by 5.2 percent over a one year period and many experts expect prices to rise by 2.2 percent in 2020. This is based on the fact that prices have slowed considerably in their percent of increase.

Analysts agree that this could be a good thing as it will give more prospective buyers a chance to purchase than has been possible in years past.

Certainly, more to come…