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Top Predictions for Real Estate in 2017

Top Predictions for Real Estate in 2017

By Paul Gardner | Industry Topics | Comments are Closed | 12 December, 2016 | 0

We’ve put together a digest of some predictions for Real Estate in 2017. As we spend the next few weeks winding down 2016 and preparing for 2017, this was information we didn’t want you to miss.

1. Marketwatch

Key Points
  • You can learn to use a drone in 30 minutes, and you might want to.
  • Millennials are skipping the starter home.
  • Trump means changes.

2. The Fiscal Times

Key Points
  • Mortgages rates are going up but should be easier to buy.
  • It’s easier for first time buyers.
  • New homes are trending smaller.

3. Curbed

Key Points
  • A less disruptive market.
  • Multi-use will see a rise.
  • More emphasis on planned neighborhoods.

4. The Mortgage Reports

Key Points
  • Home prices are near pre-recession peak.
  • Rising rent could be a motivator to buy.
  • Home appreciation might slow down.

5. Home Buying Institute

Key Points
  • Mortgage rates will rise but not go over 5%.
  • FHA and conforming loan limits could rise in metro areas.
  • Home prices may rise 3%-5% in 2017.

 

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Paul Gardner

Paul’s core practice centers on the examination of title and real estate transactions. He has extensive litigation experience, and has spent several years representing and advising lawyers, real estate agents, and insurance agents in connection with professional liability claims.

More posts by Paul Gardner

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