When buying a home it’s important to keep the long-term view in mind. When making a decision on if you want to buy a home or not it’s important to think about what home prices are projected to do in the coming years and how it could impact your investment.
Over 100 economists, investment strategists, and housing market analysts were polled about what they believe will happen with home prices over the next 5 years. The results came back that after mild depreciation this year, the home prices are expected to return to more normal levels of appreciation through 2027.
The reality of steady price appreciation in the long run is just one example of why homeownership is a sound decision. If you’re ready to become a homeowner, reach out! Let’s set you up for long term success.