The housing market is incredibly strong
The U.S. imposed a 21% tariff on lumber imports in November.
Real estate is still a good deal right now???
As we come too an end-to the real estate Housing Market 2018 Chicago Metro Area, we saw that 2018 was not a normal market. There is differently uncertainty with the 2019 spring market in the U.S. with the lower interest rates we had for the last years and now the federal government has raised interest rates twice in 2018 and possibly another rate increase in December 2018 the 2019 spring market is still unknown.
I believe The low inventory and with interest rates in 2019 close to or over 5%, we will have a seller’s market. The sellers I believe will still have a slight edge in the Chicago Land Metro Area.
That means real estate is still a good deal right now and in 2019.