Many companies and economy analyzers are making predictions of what will be happening in the future of the Real Estate Market.
Home prices are expected to rise 3.3% annually through 2017.
The housing recovery is expected to grow at an annualized rate of 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to Fiserv, a financial services technology provider using data from the Federal Housing Finance Agency (FHFA)
“Although some recent real estate activity has been speculative, it seems as if buyers have more realistic expectations about housing market returns after having lived through the largest housing market crash in U.S. history,” says David Stiff, chief economist, Fiserv.
Fiserv Case-Shiller predicts that by the end of 2013 home prices, will rise dramatically everywhere in the U.S.
Keller Williams has had its best year yet in 2012. We are #1. Hopefully with the Real Estate Market continuing to grow and remain stable, Keller Williams will remain #1. Our Team has already noticed this year has started out great, we are non stop busy, and we don’t want it to stop.
Thanks for Reading,
The Inman Team