Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Where are Home Values Heading in 2018?
A conversation that always occurs this time of year amongst clients and colleagues alike centers around what will happen to home values in the coming year.
The Friedrich Real Estate Group presents: Housing in 2018: Where Are Home Values Headed?
 
Analysts are expecting even higher home prices in 2018 than originally projected, according to new research.
Zillow’s 2017 Q4 Home Price Expectations Survey reveals experts are anticipating a 4.1 percent hike in the new year, up from the 3 percent they forecasted a year ago. Over 100 experts, including economists, participated in the survey.
Their reasoning? Home-building has not panned out as planned—yet.
“The American labor market is stronger than it’s been in decades, and Americans, particularly young Americans, are increasingly feeling confident enough to buy homes,” says Aaron Terrazas, senior economist at Zillow. “Home-building has not kept pace with this surge in demand and remains well below historical norms. We don’t expect that these demand-supply imbalances will fundamentally shift in 2018. Demand will continue to grow and, though supply should increase somewhat, we still won’t build enough new homes to meet this demand, contributing to higher prices.”
Less than 20 percent of experts forecast home-building to pick up next year, the survey shows. Approximately 313,000 new homes were on the market ... more

__________________________________________________
Are you on The Rain? Grow Your Network!