In the next few posts, I’ll be sharing with you the details of the real estate forecast from the economic expert KeepingCurrentMatters.com. In their yearly reports, they answer the most important questions that concern real estate buyers, homeowners, and agents.
Here is actual and forecasted statistics for a change in price around the US on the slides below.
“There is no direct or indirect sign of any kind of bubble. Steady as she goes, prices continue to rise, sales roughly flat.” (We talked about already.) “Overall this market is at an almost boring place.” Not that, you know, irrational exuberance that we had in 2006 and 2007.
Christopher Thornberg, a partner at Beacon Economics