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Neighbor News

The Real Estate Market Has Turned The Corner

Real Estate Update

Here is what we found:

As we finish 2014, it appears the real estate market is on solid footing and ready to advance forward over the next few years. The strength of the market can be viewed over two metrics: projected home values and projected home sales.

We recently reported that Home Price Expectancy Survey reveled future home values will continue to appreciate nicely. Today we want to look at projections on the number of home sales (existing and new construction) we will see over the next two years. We researched what the National Association of Realtors (NAR) Freddie Mac and The Mortgage Bankers Association (MBA) are projection for the housing industry going forward.

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