What Are The Price Of Homes Expected To Do?

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Real Estate Agent with Fairfax Realty
https://activerain.com/droplet/5k6h

Home Price Appreciation Forecast

Home Price Forecast main image

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Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions:

The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.

Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing within ever-changing business environments.

Besides appreciation there are many financial benefits that make buying a home one of the best moves you can ever make for your future stability and lifestyle. What are they? Find out in this detailed article Financial Rewards of Buying a House


 

Zelman & Associates – The firm leverages unparalleled housing market expertise, extensive surveys of industry executives, and rigorous financial analysis to deliver proprietary research and advice to leading global institutional investors and senior-level company executives.

Freddie Mac – An organization whose mission is to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions extending to all communities from coast to coast.

The National Association of Realtors (NAR) – The largest association of real estate professionals in the world.

Fannie Mae – A leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets.

Here’s the home price appreciation these experts are projecting over the next few years:

Home Price Chart Forecast Infographic
It's important to understand that these projections of future home values are national, regional and local results will most likely be different real estate values do not change uniformly everywhere. To get an accurate valuation for your home it is best to consult a local expert. To request a no obligation evaluation (not just an online guess) of the value of your home in Northern Virginia please use the button below. If you do not live in our area and would like to have a free consult with an expert agent in your area you may request that as well.

Free Home Valuation

Bottom Line

Every source sees home prices continuing to appreciate, which is great news for the strength of the market. The increase is steepest throughout the rest of 2019, and prices should continue to rise as we move through 2020 and beyond.

This post contains excerpts originally from my KCM  blog

 


"What Are The Price Of Homes Expected To Do?"
is brought to you courtesy of  Dave Martin Realty Group, your Northern Virginia residential real estate experts. If you're considering selling or buying a house in the Northern Virginia metro area, we'd love an opportunity to earn your business, provide you an outstanding experience, and demonstrate to you that:

"Help From The Best Agent Makes All The Difference."

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