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    Where is the real estate market headed over next 5 years?


    Today, many of our 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 prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

    Summary Takeaways of the latest Home Price Expectation Survey

    • Home values will appreciate by 4.3% in 2015.
    • The cumulative appreciation will be 19.4% by 2019.
    • 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 11.8% by 2019.

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

    What does this mean for you today?

    • Buy soon as possible if you plan to purchase a home in the next 5 years, prices are set to rise
    • Sell when inventory is low (like now) to maximize your return and shorten time on market

    If you’re ready to move forward on the purchase of a new home, we’re ready to help. Contact our team of real estate specialists to get started.

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