Zillow has refined their forecast of local ZHVIs over the next year. The Zillow Home Value Index results have tracked the Case-Shiller Index closely, and are probably as good as any crystal ball in predicting the future. These are the predicted changes in the ZHVI by...
Forecasts
2015 Forecasts
Freddie Mac is predicting a safe and comfortable 3% appreciation next year, but we haven't seen mortgage rates above 4.5% since mid-2011. What do you think? http://www.mortgagenewsdaily.com/11172014_economic_forecasts.asp Zillow 2015 Appreciation Forecast Del Mar...
2015 California Housing Forecast
C.A.R. released their 2015 forecast: http://www.car.org/newsstand/newsreleases/2014releases/859066?view=Standard The California median home price is forecast to increase 5.2 percent to $478,700 in 2015, following a projected 11.8 percent increase in 2014 to $455,000. ...
Big Box vs. Independents
Though I speculate in this video that buyer agents will get phased out, it's not the best alternative - buyers should have representation, it is just a matter of cost/quality. In this futuristic scenario, the listing agent will only be representing the seller, and...
Future Appreciation
We saw John Burns lead the pack with his 4% prediction, and now others are weighing in: http://www.housingwire.com/articles/31541-realtor-confidence-on-home-price-growth-slips-but-solid Members of the National Association of Realtors expect home prices to increase...
Home Appreciation & Supply
John has an in-depth article out on home-price appreciation, and he's no ivory-tower guy - his staff is on the street daily: https://www.linkedin.com/pulse/article/20140917105113-3073844-behind-the-scenes-the-never-ending-puzzle-of-projecting-home-price-appreciation...
Not Too Overvalued
From an article at wsj.com: http://online.wsj.com/articles/how-to-play-the-real-estate-market-before-it-s-too-late-1411333001 An excerpt: Now is also a good time to buy a home, many analysts argue. The slowing growth in prices makes homes more affordable, even as...
More Guessing
Hat tip to Richard for sending in this article: http://realestate.msn.com/blogs/post--report-20-percent-of-homes-to-lose-value#scpshrjmd The housing market has bounced back dramatically since the 2008 recession, but conditions have started to slow, a new survey says....
Effect of Higher Mortgage Rates
From Fannie Mae: http://www.fanniemae.com/portal/about-us/media/commentary/062314-palim.html In July 2013, we wrote an FM Commentary about the impact of rising mortgage rates on the housing recovery. At that point, rates had risen to 4.51 percent. We examined the...
SD Appreciation Predictions
With more homes not selling - otherwise known as growing inventory - buyers can finally exert some influence on pricing (they've had virtually none over the last 18 months). This should cause the pricing trend to stay fairly flat, with sellers being reluctant to...