AUGUST REAL ESTATE NEWS: THE TRUTH ABOUT WHERE HOME PRICES ARE HEADING

There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash. Yes, in some local markets, prices are flattening or even dipping slightly this year as more homes hit the market. That’s normal with rising inventory. But the bigger picture is what really matters, and it’s far less dramatic than what the doom-and-gloom headlines suggest. Here’s why. Over 100 leading housing market experts were surveyed in the latest Home Price Expectations Survey (HPES) from Fannie Mae . Their collective forecast shows prices are projected to keep rising over the next 5 years, just at a slower, healthier pace than what we’ve seen more recently. And that kind of steady, sustainable growth should be one factor to help ease your fears about the years ahead (see graph below) : And if you take a look at ...

Just Listed in Lewisville North Carolina


1209 Myrtle Wood Ln, Lewisville, NC

FOR SALE

$ Click for current price
3 BEDROOMS | 2.5 Baths (2 full, 1 half ) BATHROOMS | 2323 SqFt

So much space in such a great location! Be right in the heart of Lewisville yet enjoy the privacy of a quiet street. Wonderful spacious kitchen has a large bar area for dining or homework. The main level features wood flooring & stylish decor throughout. Looking for a designated office ... look no further. Enjoy the livingroom with fireplace that opens to the screened porch with vaulted ceiling. Spacious playroom in the walk-out daylight basement opens to patio & gorgeous back yard. Impeccably maintained

 

Comments