How to Increase Your Equity Over the Next 5 Years
Posted by Larry Tollen on
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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