home prices: Where are Home Values Heading in 2018? - 12/06/17 09:35 AM
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 … (1 comments)

home prices: Home Prices Up 7% from Last Year - 12/06/17 09:14 AM
Here at The Friedrich Real Estate Group, we frequently are asked about home prices and values in comparison to previous years. We have compiled some information for you below regarding the increase in home prices over the past year. 
According to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase.
A lack of supply of homes for sale has led to upward pressure on home prices across the country, especially in areas where both existing and new home inventory have not kept up with buyer … (2 comments)