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Bright Forecasts for Real Estate Markets

Healthy Expansion

Look for U.S. housing markets to continue expanding at healthy levels next year, with the pace of sales-price appreciation to slow down and construction of new homes to pick up, according to a pair of recent forecasts, one of which dismisses recent whispers about a coming “bubble” in San Francisco real estate.

Housing Recovery

The housing recovery is strongest in the Bay Area, according to Veros, with 15 percent price appreciation through much of 2014 in the metropolitan area that includes AlamedaContra CostaMarinSan Francisco, and San Mateo counties.

Price growth will gradually slow to approximately 5 percent, according to the company’s computer models, fending off fears of a sustained bubble in price growth.

Get the full story at https://compasscaliforniablog.com/bright-forecasts-for-real-estate-markets

 

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