Real Estate in St George
Karey Maniscalco
435-703-4584435-703-4584

Home Prices Predicted To Rise Nearly 5% By January 2019

According to the most recent CoreLogic Home Price Insights Report, housing prices across the nation are expected to rise a total of 4.8% between January 2018 and January 2019. While that’s not as high as the 6.6% growth the market saw between January 2017 and January 2018, it’s still substantial. According to CoreLogic’s predictions, a home that’s listed for $350,000 today will cost you $366,800 in January 2019—a change of $16,800 in just 12 months.

And not only are homes getting more expensive, but so are mortgages; according to a recent report from Freddie Mac, mortgage interest rates are predicted to rise a full percentage point by the end of the year (from 3.9% for a 30-yr fixed-rate mortgage at the end of 2017 to 4.9% by the end of 2018).

The Takeaway

Between the rising housing costs and increased interest rates, you can end up paying tens of thousands (or even hundreds of thousands) more for the same home at the end of 2018 than you would today. So, if you’re thinking about purchasing a home, you need to act sooner rather than later to secure the best deal.

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About Karey Maniscalco

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Karey Maniscalco

Realtor- Realtypath

kareysells@gmail.com

435-633-9080435-633-9080 main

Karey Maniscalco & Associates with RealtyPath

113 East 200 North St George, UT 84770

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Reviews

5nicole danny

Karey was great!! She went above and beyond to find my family the perfect home. We were first time buyers and she took the time to explain things to us, she was on top of all the paper work and emails & walked us through the whole process !

5Jamiej4

Karey is a top notch Realtor! I highly recommend her! She goes above and beyond and works hard to get what you want in buying and selling of your home! I have used other realtor's and would never use anyone other than her again!

5AlisaBrewer666

I am absolutely DELIGHTED to offer my review of Karey. We contacted her at the beginning of February, 2016. We had been offered a purchase price on the house that we had been renting for a year....and we had NO IDEA what to do next. My friend, who bought... (more)

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