There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the 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 byPulsenomicseach quarter.
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.
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.
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 always.
Here are their projections of prices going forward:
Every source sees home prices continuing to appreciate – just at lower percentages as we move through the next several years.
Author:Liz Abrams Phone: 757-301-1507 Dated: October 25th 2018 Views: 247 About Liz: Liz Abrams is co-founder and CEO of Abrams Realty. She and her Husband, Jim, Abrams, own and manage ...
Abrams Realty is a full service real estate company for all of your real estate needs including Residential Real Estate and Commercial Real Estate. Abrams Realty provides Property Management services.
We service all of Hampton Roads. This includes Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk, Newport News, Hampton and Poquoson.
Our Mission Statment
“To approach every relationship with an optimistic attitude, ethical professionalism, steadfast belief in our talents, and a determined focus on serving every customer and client to the very best of our ability.”
Abrams Realty believes in providing exceptional service in all situations. We are Military Friendly Real Estate Agents, understand PCS moves and help our military move daily!
We believe service comes before sales and hope to develop a great relationship with each of our clients!
"The team listened to our requests and worked quickly to get us a tenant for our property. They did an amazing job in very short time period. Also Liz and Jackie were available to us after regular business hours and provided with good guidance and information which helped us in making decisions."