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    Future Home Values: Where Do The Experts Think They Are Headed?

    Future Home Values: Where Do The Experts Think They Are Headed? | Keeping Current Matters

     

    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 3.7% over the course of 2016, 3.3% in 2017 and 3.2% in the next two years, and finally 3.1% in 2020 (as shown below). That means the average annual appreciation will be 3.3% over the next 5 years.

    Future Home Values: Where Do The Experts Think They Are Headed? | Keeping Current Matters

    The prediction for cumulative appreciation slowed slightly from 21.6% to 17.7% by 2020. The experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 10.9%.

    Future Home Values: Where Do The Experts Think They Are Headed? | Keeping Current Matters

    Bottom Line

    Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

    Curious about the current market value of your home? Get a FREE Home Valuation at www.hasslefreehomereport.com Today!

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    Burgandy Poynter

    Hi! My name is Burgandy and I’m the Listing Manager for the Shook Home Group. I was born and raised in Texas and LOVE exploring what the beautiful Pacific Northwest has to offer! My husband and his military career brought me all the way across the country and I couldn't have picked a better place to land! From start to finish, my goal is to make sure that we are exceeding our personal marks in getting your home the best marketing exposure that it can. I enjoy connecting with my clients, learning more about them and helping them reach their goal of getting their home sold! Your home is a very important financial part of your life and with me by your side, you can rest assured that it is in good hands: We will treat it and cherish it as our very own!!

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