February 2017

Found 4 blog entries for February 2017.

Listening to the opinions and analyses of real estate experts, we hear different trends of where home prices are heading. The Home  Price Expectation Survey conducted by Pulsenomics includes the opinion of a Nationwide Panel of over 100 economists, real estate experts, and investment and market strategists about where they believe prices are headed over the next five years. Then, they average the projections of all 100  panel members one single number.

The results of their latest survey:

Home values will appreciate by 4.4% over the course of 2017, 3.4% in 2018, 2.8% in 2019, 2.7% in 2020, and 2.8% in 2021. That means the average annual appreciation will be 3.22% over the next 5 years.

The prediction for cumulative appreciation fell from 21.4%

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The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:

Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes.”

 

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Last month I talked about relaxing in the post holiday season and clearing body and mind from all the stress by taking long walks and eating healthy.

With some major International sports events currently going on, our focus is on the action and the year is off to a great start. Superball Sunday may be behind us but the sport getting our attention for the next two weeks is the Ski world championship taking place in St. Moritz, Switzerland. As a Swiss and avid skier, this is one of the most exciting events for me to follow.

Sports is like real estate. Everybody has different tastes and interests, and budgets. Major sporting events such as a World championship are all about racing and winning, be it as an individual or as a team. But an event of that

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“At any given time in our history, demographics would explain 60-80% of what’s happening [in the market], and we are in a period of time where Millennials make up a largest demographic group,” explained Jonathan Smoke, Chief Economist for realtor.com.

 There are now more than 16 million women in the Millennial generation (those born between 1981 and 1997) who have children. And the trend is going to continue. Recently released data from the National Center for Health Statistics found only 42% of Millennial women had children as of 2014, which indicates the rise in new families is on the horizon.

 As more and more Millennial families are formed, these new parents will begin shifting their focus to quality homes for their children. For

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