Today, it seems like everyone wants to know or at least take a good guess about housing prices and where they may be headed.
Why Not Ask The Experts?
You may have seen us write about 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 prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
Here are the results of their latest survey
- Home values will appreciate by 4.6% in 2014.
- The cumulative appreciation will be 19.5% by 2018.
- That means the average annual appreciation will be 3.6% over the next 5 years.
- Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 11.2% by 2018.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.
Ready to know more about how we can help you afford a home? Call us at 888-333-0075 and we’ll answer all of your questions.
