Where are Prices Headed in the Next Five Years?

Posted by Alex Narodny on Tuesday, May 26th, 2015 at 2:10pm.

How safe is my investment? Will I make money if I buy a home and need to sell within 5 years? These are some of the main fears circling in people's minds as they continue to evaluate their decision to buy real estate. Fortunately, there is a panel of economists and real estate experts at "Pulsenomics" that offer expert forecasting.

Here is what the survey revealed:

  • Home values will appreciate by 4.3% in 2015.
  • The cumulative appreciation will be 19.4% by 2019.
  • That means the average annual appreciation will be 3.6% over the next 5 years.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 11.8% by 2019.

To view the full survey, here is the link: https://pulsenomics.com/Q2_2015_HPE_Survey.php

I hope this helps ease the tension in this crazy market. Please reach out to me if you would like to evaluate your options.

Alex Narodny

alex@marinrealestate.net

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