Hundreds of expert opinions on price appreciation and the housing market.
With so much change lately, the housing market has been a hot topic! Many people are asking, “Should I buy a home right now?” It’s true that the real estate market is shifting away from the intense one we have seen over the past two years, but that doesn’t mean it’s a bad time to buy a home or that prices will go down.
“Now may be the right moment to begin your home search.”
Every quarter, over 100 housing market experts are surveyed on where they see prices going, and they form the Home Price Expectation Survey. These experts forecast just over 9% appreciation for this year and a healthy appreciation for the next four years. This is great news. If you’re looking to buy, you can confidently do so, knowing that experts are projecting ongoing price appreciation.
Once you buy a home, that price appreciation will help you gain equity and build your wealth over time. Plus, with more inventory coming to the market, now may be the right moment to begin the home search you’ve been waiting to start.
If you are ready to make the leap, contact us at Ripley’s Luxury Real Estate Group, where luxury represents the service that we provide. Call us to start your journey today.
