The National Association of Realtors has re-thought their negativity barrage on the tax reform, and is back in cheerleader mode: While the new tax law is already in effect, here we estimate how home prices will trend in 2018 for each state. The new tax law reduces the...
Written by Alan Nevin, director of Economic Research at Xpera Group. His consulting practice focuses on valuations, development strategy studies and forensic services. [button...
Predicting the future is hard. If it weren’t so challenging, we would all be super rich because we could predict winning Powerball numbers. However, some people do take a crack at it — not predicting lottery numbers — but peering into the future to see what kinds of...
For those who are putting the finishing touches on their own 2018 forecast, here's how close the Zillow Group guesses have been: Local ZHVI-Appreciation Forecasts Town 2015 Forecast Actual 2016 Forecast Actual 2017 Forecast Actual 2018 Forecast Carlsbad +2.7% +4.8%...
JtR Predictions 2016 I guessed we would see 2016 sales drop by 5%. Instead, they went up 3%, and the median SP went up 6%! 2017 I guessed that we'd have 3,100 sales in 2017, and the median sales price would be $1,200,000. How's that is turning out? Year NSDCC Annual...
Let's also include the forecast from realtor.com, which is different than N.A.R. - the Murdoch forecast? If their mortgage rate forecast comes true, and the tax reform sends buyers scurrying, it could be be a tumultuous year! Home shoppers may have it easier in...
Some snips from the recent C.A.R. Housing Market Forecast. Our median sales price is close to the record set in May, 2006. But we know that around San Diego's North County Coastal region, most prices are well above their previous peak by at least 10% to 20%: Not...
Last year at this time we were in shock at the thought of what a Trump administration might mean for our real estate market - there was no telling what was going to happen! It's not a stretch to say that next year should be easier to predict! Factors to consider for...
The N.A.R. Annual Conference is wrapping up this weekend. Yunnie revealed the N.A.R. Forecast for next year: Existing-home sales will finish 2017 at a pace of 5.47 million, the best volume in 11 years, but only a scant 0.4 percent higher than last year’s 5.45...
The 2018 forecast from the California Association of Realtors is out, and they are towing the company line as usual. They expect the statewide sales to increase 1% and the California median sales price to rise 4.2% next year. How is San Diego County doing this year?...
