2020 Forecast Shows Continued Home Price Appreciation

By Ron Rice Blog January 14, 2020

Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:

Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in two years. Based on the most recent results, 32 of the 50 U.S. states (plus D.C.) had a minimal probability of lowering by 2021.

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Experts forecast home price appreciation to continue at a moderate rate as we move through 2020 and beyond. With appreciation growing, now is a great time to reach out to us and plan for your next move.

About the Author

Ron Rice, Co-Founder • Real Estate Consultant

My wife and I live in Donelson, where we both were raised and graduated from high school (DCA Classes of 1983 and 1984). Our current home is on the Cumberland River, very close to my childhood home and the former homes of both my McDonald and Rice grandparents.

Our daughter and son are grown now, and our daughter, Stephanie Miller, is my real estate partner. She lives in Lebanon with her husband and their two children. While Stephanie and I specialize in the areas of Downtown Nashville, Donelson, Hermitage, Old Hickory, Mt. Juliet and Lebanon, we have and do serve clients all over Middle Tennessee.

As a Nashville native, I’ve spent a lifetime watching our city evolve, and I am enthusiastic about showcasing it to others and serving their real estate needs.

Services

1997 — 2000 Fleetwood HOA Board Officer

2013 — 2016 Rhythm at Music Row HOA Board Officer

2017 Greater Nashville Realtors: Housing Opportunities & Affordability Committee

2017 — 2018 St. Martin Square HOA Board Officer

2017 — 2019 Brentwood Photography Group Board

2018 — 2019 Senior Ride Nashville

Memberships

National Association of REALTORS®

Tennessee Association of REALTORS®

Greater Nashville Association of REALTORS®

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2020 Forecast Shows Continued Home Price Appreciation

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