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 5.0% over the course of 2017, 4.0% in 2018, 3.2% in 2019, 3.0% in 2020, and 3.0% in 2021. That means the average annual appreciation will be 3.64% over the next 5 years.
The prediction for cumulative appreciation increased from 17.8% to 18.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.7%.
Individual opinions make headlines. We believe this survey is a fairer depiction of future values.
Author:Robin ONeal Phone: 214-245-9068 Dated: September 1st 2017 Views: 82 About Robin: ...
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"My goal is simple...To help People. My commitment to help is fueled by my passion to make a difference in the lives of my clients".
Scottie Smith, a native of Houston,Texas, has an extensive background in real estate. Mr. Smith specializes in sales,investments, property analysis and valuation of multifamily and single family properties in Texas. He has been recognized nationally as an exceptional leader in real estate and locally by the City of Denton Mayor, And the Dallas Chamber of Commerce as a leader in providing housing for the public. Mr. Smith’s passion for real estate as well as his drive to create the perfect real estate transaction is what drives his success. Because of this, Mr. Smith was awarded one of the Top Honors by the National Association of Realtor as one of the Top 30 young Real Estate Brokers Under 30.
Scottie Smith holds a B.B.A in finance from the University of North Texas and a M.S in accounting from the University of Notre Dame. While attending the University of North Texas, Scottie completed his first real estate transaction at the age of only 19.