The balance of power in the US housing market will shift from sellers to buyers by 2019, according to experts surveyed by Zillow. The housing market in the U.S. could enter a recession in under five years, with online real estate company Zillow predicting that it will happen in 2020. Use our patented search to check WA home values, average rental prices, the current housing market and more. “Zillow forecasts growth of 6.4 percent from October 2018 to October 2019; a Zillow survey of housing experts and economists anticipates a 3.79 percent increase for calendar 2019,” Zillow writes. Seattle’s housing market has been red hot for years, with home prices and rents soaring in recent years. Check this page each quarter for updates to the Spokane, Washington Real Estate Market Forecast. Look to Kiplinger's Economic Outlooks for forecasts on existing home sales, new home sales and housing starts. “Washington State and Nevada occupy six of the ten highest-appreciating MSAs in the U.S. and the remaining four are in California, Oregon and Idaho,” said Eric Fox, VP of Statistical and Economic Modeling at Veros. Housing Market Predictions 2019: Tougher Road Ahead for Home Buyers and Sellers. Archived Article: “Seattle Housing Market in 2018: Still Warm but not Red Hot” Seattle Housing Market Forecast 2018? According to forecasts,the real estate market in Washington State will continue to be relatively strong into 2020. If this Housing Market Forecast is correct, home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd Quarter of 2018. Washington home values have gone up 4.9% over the past year and Zillow predicts they will rise 4.8% within the next year. In this article, we address the Washington state housing market, predictions for 2020, what cities buyers should invest in, and more. ... upward trend in 2018 and that Washington state will dominate the market. The housing market forecast was issued in June 2018 and extends into the same month of 2019. … The Washington state housing market is the hottest in the country. Things are clearly on the upswing for buyers in the Evergreen State. Looking to buy a home in or relocate to Washington? And what will the real estate market do in 2019 if mortgage rates climb even higher? For at least one group, it’s still not easy to get in on the housing game. The following is an archived article originally published February 1 2018 about the 2018 real estate trends. As a result, we can expect that demand from millennials will continue to unfold in 2019. These economic forecasts incorporate NAHB’s survey results as well as the feedback of … In June 2018, the Mortgage Bankers Association (MBA) updated its long-range forecast. Washington State Housing Market Predictions for 2019 Things are clearly on the upswing for buyers in the Evergreen State. The UK housing market is unlikely to see much change in 2019 with a continuation of weakening sales activity, according to the RICS UK Residential Housing Forecast 2019.