Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
The results of their latest survey:
Home values will appreciate by 4.0% over the course of 2016, 3.4% in 2017 and 3.0% in the next two years, and finally 2.8% in 2020 (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.
The prediction for cumulative appreciation slowed slightly from 25.0% to 24.7% by 2020. The experts making up the most bearish quartile of the survey are still projecting a cumulative appreciation of 9.9%.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.
Author:Angela Cotten Phone: 817-470-0081 Dated: May 24th 2016 Views: 631 About Angela: Results, Integrity, Attitude & Honesty. If superior representation with a caring touch is what you ...
Bring your mutts, pups and pooches to mingle with friends and family f
"Lisa Cardillo was friendly, patient, she gave me great advice through out my entire house hunting/buying process.
I'm happy to say I gained a great friend in this stressful process. She helped me every step of the way with absolute professionalism, amazing knowledge and just a wonderful experience."