Where Prices are Headed over the Next 5 Years?

 Today, many real estate conversations center on housing prices and where they may be headed. 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 surveyThe latest survey was released last week. Here are the results: Home values will appreciate by 4.5% in 2014. The average annual appreciation will be 3.94% over the next 5 years The cumulative appreciation will be 19.7% by 2018. Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of almost 11% by 2018.Individual opinions make headlines. We believe the survey is a fairer depiction of future values.
www.BradAndersonHomes.com