Freddie: 2018 ‘Looking Pretty Good’ for Economy, Housing

Bolstered by economic gains, home-building, prices and sales are all forecasted to outdo 2017 this year, according to Freddie Mac researchers. In Freddie’s January Outlook, “Maintaining Momentum: 2018 and Beyond,” analysts believe the economy is moderating—growing 2.5 percent in 2018, versus 2.6 percent in 2017—but, expect home prices to increase 5.7 percent, sales to increase […]

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Regional Spotlight: 2018 Seattle/Puget Sound Housing Forecast

In this commentary, J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, offers a 2018 housing forecast for the Puget Sound/Seattle market. The hot housing streak in Greater Seattle will continue for the sixth straight year in 2018. Similar to 2017, Puget Sound is poised for another year of intense sales activity […]

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10 Housing Markets to Watch in the New Year

Dwindling inventory, high demand and even higher prices. Will the housing market shift next year? According to a 2018 Housing Forecast by Trulia, the answer is contingent on many wait-and-sees. Definitive, however, is at least one indicator: the homeownership rate. In a continuation of its movement this year, the homeownership rate is expected to gradually […]

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2018 Forecast: Is Inventory Relief on the Way?

Ask the 60-some percent of brokers in RISMedia’s 2017 Power Broker Survey: Almost every housing market is plagued by short supply. In fact, inventory nationally for pre-owned properties is at 3.9 months, down 10.4 percent from last year, the National Association of REALTORS® (NAR) recently reported. The challenge, according to realtor.com®, could moderate in the […]

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2018 Forecast: Affordable Homes in the Suburbs

In 2018, anticipate home-building will shift to the suburbs, according to a forecast recently released by Zillow. Cheaper construction costs, coupled with demand for entry-level homes, is expected to lead to increased inventory in the suburbs. “We’re on the other side of the housing recovery, and the real estate market looks quite different than it […]

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