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Buying or Selling a Home? Where Are Values Headed?

Buying or Selling a Home? Where Are Values Headed?

Buying or Selling a Home? Where Are Values Headed?

by THE KCM CREW on AUGUST 12, 2013 · 0 COMMENTS
in AGENTS, FOR BUYERS, FOR SELLERS, PRICING
Home Price ExpectationToday, many real estate conversations center around housing prices and where they may be headed. Some believe rapidly rising prices have created a new ‘housing bubble’. Others believe that the sudden rise in interest rates will impact purchasing power to such a degree that it will force prices downward. There is no lack of opinions and there is absolutely no consensus.
That is why we like the Home Price Expectation Survey. Every quarter,Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey

The latest survey was released last week. Here are the results:
  • Home values will appreciate by 6.7% in 2013.
  • The average annual appreciation will be 4.7% over the next 5 years
  • The cumulative appreciation will be 23.7% by 2017.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of over 13% by 2017.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

About Me

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Rob Rosa, Berkshire Hathaway NE Prop.
My focus is helping people increase their lifestyle. I love my huge family and work tiredlessly to help them and my clients everyday. I have been working in real estate since 2000. I have been awarded numerous Top Agent awards and am currently ranked in the Top 1% of the Berkshire Hathaway HomeServices global network, over 52,000 agents. I am also the Founder and Instructor of Rubicon Crossings School of Real Estate: offering state of CT approved pre-licensing class, get info at http://ctrealestateschool.info. My extensive experience is: top producing sales and marketing executive focused on quality service and relationship building. Have over 30 year’s experience helping people in busines, including with two Fortune 100 companies; UPS, UHG and Berkshire Hathaway HomeServices: project management, mortgage lending, residential, commercial and franchise sales, property management and real estate education leader. I live in East Hartford and work all over central CT. My office address is 196 Berlin Turnpike #5, Berlin, CT 06037 and I have been involved in many events in Rocky Hill and Glastonbury. I look forward to helping you every way I can.

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