Page 4 - LISTING PRESENTATION8-6-19

MARKET OUTLOOK (CAPECOD) We can all agree that living the dream requires a certain sense of security, and a proper outlook on the market is essential to being one step ahead. The Cape Cod real estate market remains strong, showing some slight signs of adjustment, fueled by persistently low inventory as well as very strong local and national economies. Arch Capital Services’ forecast for the next year is one of continued inventory shortages propping buyer demand in the face of the headwinds associated with simultaneously rising prices and interest rates. One pretty sure bet is that in the coming decade, the local real estate market will perform as well as, or better than, the overall U.S. market. The National Association for Business Economics ( NABE ) predicts that the $1.5 trillion tax stimulus will give a significant boost to the economy. In fact, Zillow predicts an 4% one year increase in the Cape Cod area real estate prices through July 1, 2019. The NABE economic forecast beyond 2019 is less sanguine, however.