Real Estate Trends
on 09/21/2017 - 03:29 pm
Real Estate Trends 2017
1. New Wave - Baby Boomers & Millenials are and will be the top buyer for the next 10 years
2. Put Your Money Where Your House Is - Midwest will see a rise in real estate (affordable and close to the Big universities)
3. High Demand, Low Supply - It currently takes 68 days to sell a home, which is 11 days faster than the national average.
4. Low Profile - Price appreciation will slow down by 1% or more, depending on markets
5. The West Will Win - Prices will increase 5.8% and sales by 4.7%. 5 of the 10 top markets make the list: L.A., Sacramento, and Riverside (CA), Tucson (AZ) and Portland (OR)
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