Posts

Showing posts from September, 2019

Are Home Prices Going To Tank?

Image
It's impossible to not hear someone's opinion these days about the economy and what's going on with home prices. Loud mouths on the news, Facebook, heck, even your drunk Uncle Joe, all seem to have all the answers these days. But while your uncle might be good for uncomfortable jokes, chances are he really doesn't know what he is talking about with where home prices are going.  Sure there is uncertainty about the economy, triggered by a potential trade war but you need to listen to experts in the housing and lending world. Many people are dragging their feet in purchasing their new home or their dream home because "someone" said they think home prices are going to fall over the next few years. But, the experts disagree. And this is why I listen to experts because, well...they are experts and your drunk Uncle Joe is just that. But he is still your uncle. But I digress. Here is a table showing the predicted levels of appreciation from six major housing sourc