Realtor.com® forecast predicts inventory to evaporate making it more challenging for buyers to find a home despite attractive interest rates
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SANTA CLARA, Calif., Dec. 4, 2019 / PRNewswire / -- At a time when millennials are reaching key life milestones, the U.S. housing market will continue to slow in 2020 as inventory reaches historic lows and economic uncertainty prompts consumers to pull back on their spending, according to the realtor.com® 2020 housing forecast released today.
The forecast predicts that despite some relief from new construction, moderating home prices and relatively low interest…