#RealEstateForecast

Home Prices: The Difference 5 Years Makes

Laura Wilson

Sep 23, 2018
2 min

Home Prices: The Difference 5 Years Makes

CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared. The graph below was created to show the 5-year change in price from July 2013 to July 2018 by price range. As you can see in the graph, the highest price appreciation occurred in the

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Home Prices Have Appreciated 6.9% in 2018

Laura Wilson

Sep 15, 2018
1 min

Home Prices Have Appreciated 6.9% in 2018

Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and their predictions for the following year. The chart below shows the forecasted year-over-year prices for 2018 (predictions made in 2017)

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Home Sales Expected to Continue Increasing in 2019

Laura Wilson

Sep 1, 2018
1 min

Home Sales Expected to Continue Increasing in 2019

Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019. As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe that homes sales will increase steadily over the next year. If you are a homeowner who has considered selling your house recently, now may be the best time to

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The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

Laura Wilson

Aug 20, 2018
1 min

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home! Laura Wilson Windermere Real Estate, Florence Oregon 541.999.9688 LauraWilson@windermere.com www.FlorenceORBroker.com #InterestRateTrends #RealEstateForecast #WindermereR

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Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]

Laura Wilson

Aug 6, 2018
1 min

Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]

Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years! The generations agree! Real estate is the best investment! Generation X leads the way with 37% believing in real estate as the top investment. Laura Wilson, Broker Windermere Real Estate, Florence Oregon 541.999.9688 www.FlorenceORBroker.com LWFlorenceRE@gmail.com #FlorenceOregonHomePrices #RealEstateForec

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Homes More Affordable Today than 1985-2000

Laura Wilson

Jul 7, 2018
2 min

Homes More Affordable Today than 1985-2000

Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home. However, it is not just the price of a home that determines its affordability. The monthly cost of a home is determined by the price and the interest rate on the mortgage used to purchase it. Today, mortgage interest rates stand at about 4.5%. The average annual mortgage interest rate from 1985 to 2000 was almost doubl

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Next Recession in 2020? What Will Be the Impact?

Laura Wilson

Jun 30, 2018
2 min

Next Recession in 2020? What Will Be the Impact?

Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted by Pulsenomics in which they asked economists, investment strategists and market analysts how they felt about the current housing market. That report revealed the possible timing of the next recession: “Experts largely expect the next recession to begin in 20

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Thinking of Selling your Home? Competition is Coming

Laura Wilson

Oct 1, 2017
1 min

Thinking of Selling your Home? Competition is Coming

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.7% over last year. How will this impact buyers? More inventory means more options. Danielle Hale, Realtor.com’s Chief Economist, explained this is good news for the housing

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Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]

Laura Wilson

Oct 1, 2017
1 min

Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]

Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.4% by next year. CoreLogic predicts home prices to appreciate by 5.0% over the next 12 months. If you are ready and willing to buy your dream home, find out if you are able to! #realestateforecast #firsttimehomebuyer #florenceoregonrealestate #realestatetre

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Home Sales Expected to Increase Nicely in 2018

Laura Wilson

Sep 24, 2017
1 min

Home Sales Expected to Increase Nicely in 2018

Freddie Mac, Fannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next. As we can see, each entity is projecting sizable increases in home sales next year. If you have considered selling your house recently, now may be the time to put it on the market. #realestateforecast #realestatetrends #housinginventorylow #FreddieMac

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Laura Wilson

Sep 17, 2017
2 min

Happily Ever Homeowner

Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable. Many couples are deciding to use what would otherwise be their wedding fund as a down payment on their first home, as unmarried couples made up 8% of all first-time bu

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How Your Home’s Value Grows Your Family’s Wealth

Laura Wilson

Sep 10, 2017
1 min

How Your Home’s Value Grows Your Family’s Wealth

Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years? S

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Where Are Home Prices Heading in The Next 5 Years?

Laura Wilson

Sep 3, 2017
1 min

Where Are Home Prices Heading in The Next 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. The results of their latest survey: Home val

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Florence Oregon

Real Estate

Laura Wilson, Broker

Windermere Real Estate

541-999-9688 - LauraWilson@Windermere.com

1625 12th St
Florence OR 97439