What’s your prediction on local home-price appreciation over the next year?
Here’s what Zillow thinks – they sent these to me over the last three weeks:
Rancho Santa Fe:
Even after the market perked up last year, their guesses were still in the single digits on November 1st:
In January, they did revise upward and predicted that all of the local areas would hit 10% to 12%:
This year, their forecasted-value increases range from 0.4% to 11.5% – quite a spread!