(Published on - 4/5/2022 4:09:55 AM)
NOT a Housing Bubble
According to a Forbes article March 25, this is NOT a housing bubble (full article)
And to buy a house in this market you REALLY need someone experienced. See more on this topic in my 3-MINUTE VIDEO link. (check back April 15)
Experts Predict Another 16.3% in Home Values by December
A new survey of experts published 3/24/2022 sees home valuations between February and December this year averaging 16.3% appreciation. Excerpts: While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025. The survey continues, The inventory crisis gripping America’s housing supply will most likely let up in 2024, with some experts forecasting a longer wait, according to a new survey released Thursday (3/24/2022) by Zillow. In the immediate future, experts predicted home values and rents to continue trending upwards, with Zillow economists predicting a 16.3 percent increase in typical home valuations between February and December 2022.
One thing remains constant and is even more true than ever: Your Home Equity is a significant asset in your portfolio and you deserve expert guidance. Is Now a Good Time to Buy or Sell a Home? Call Denise 602-980-0737, celebrating a 36 year career in Arizona Real Estate.