What experts are predicting for home price appreciation and our market.
Are you curious about the future of home prices? We have been getting asked about this a lot lately. With the recent shift in the market, people are wondering if this double-digit appreciation will continue. That’s why we’re here today, showing you predictions from experts.
Top economists, real estate professionals, and investment strategists agree that while the appreciation should slow down, home prices are not expected to go backward. We’re just seeing a natural correction to a more normal market. Appreciation should start to move toward a more typical rate, which is about 1% to 3% per year. We are going to be in a balanced market instead of the strong seller’s market we’ve been in for a while.
If you have any questions about the value of your home or want to have a strategy session with us to come up with the best real estate plan for you, we would be honored to talk with you. Reach out by phone call or email anytime.