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

    PricesRising

    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

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