According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.
Results from the Existing Home Sales Report note that home sales declined in March due to the corona virus, but prices are still strong.
River Cliff Homes, custom home builders Canyon Lake has been building homes in Canyon Lake since 1994. Their building business has weathered the devastating effects of 911, the Iraq war, and the Great Recession of 2008. The principals believe their community and their nation will weather this present storm and be stronger on the other side of it! Corona virus will end and River Cliff Homes will be there for their buyers when they are ready to move forward with a new home purchase or a new build in the Hill country.