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Found 2 entries for July, 2019.

How to Increase Your Equity

How to Increase Your Equity Over the Next 5 Years

Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recentHome Price Expectation Survey (HPES)helps target these projected answers.

Here are the results from theQ2 2019 Survey:

  • Home values will appreciate by 4.1% in 2019 {Locally in the Research Triangle market projections are averaging 5%}
  • The average annual appreciation will be 3.2% over the next 5 years
  • The cumulative appreciation will be 16.8% by 2023
  • Even experts representing the most bearish 25% of the survey respondents project a cumulative appreciation of over 6.7% by 2023

What does this mean for you?

A substantial portion of family wealth

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What Experts Are Saying Summer 2019

What Experts are Saying About the Current Housing Market

We're halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019.

Here is what some experts have to say:

Danielle Hale, Chief Economistrealtor.com

Lower mortgage rates, higher wages and more homes for sale have helped counteract rising home prices, and ultimately, made it so that buyers are able to afford more than last year.

Our outlook implies 4% growth for the remaining months of the year, predicated on more supply than last year, the decline in mortgage rates, moderating home price appreciation and improving affordability.

Lawrence Yun, Chief

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