Are you Thinking of pressing pause on your home buying plans in hopes that you’ll get a better deal if you hold off for a bit?
Experts are actually saying prices will continue rising, meaning it will cost more if you wait.
Here’s a look at where home prices are projected to head.
What you’re looking at here are the latest home price forecasts from seven industry leaders.
Each bar shows how much these experts project home values will appreciate this year. When we look at them all together, the dotted line shows the average rate of appreciation is about eight-point-nine percent. The big takeaway here is none of them are calling for a decline in prices – there simply aren’t enough homes on the market for that to happen.
Instead, prices will keep climbing, just at a more moderate pace than what we’ve seen over the past two years. If you’re ready to make a move, let’s talk. I’ll give you the latest info insights on how this is playing out in our local market, so you can make the best decision possible when it comes to buying a home. I'm located in North East Florida, however I can help you no matter where you are located. Feel free to contact me for all your real estate needs.
Mike & Cindy Jones
904 874-0422
MikeAndCindyJones.com
Berkshire Hathaway HomeServices
Florida Network Realty
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