Zillow Survey Predicts Austin will be the Nation's Hottest Housing Market, Leading a Sunbelt Surge More affordable metros are replacing expensive coastal areas as top drivers of home value growth -- A panel of economists and real estate experts expect Austin to...
In November, Zillow busted out of the pack of prognosticators and predicted around 7% appreciation for NSDCC zip codes over the next 12 months. They have revised again - now predicting that our North San Diego County coastal areas will appreciate at least 10%: La...
Either we are undervalued, or we're getting more popular....and maybe both! The price of a San Diego home could increase by more than 8 percent this year, more than anywhere else in the nation, according to a forecast released Tuesday. Real estate analysts CoreLogic...
We'll be all frenzied up for the next few months - when will it cool off? The real estate market will likely mirror the course of the pandemic. You've probably heard the comparison to the Roaring 20s - the boom that kicked off when World War 1 and the Spanish Flu of...
When will we know more about the 2021 frenzy? We already know it's going to be hot - look at the sales count for this month, plus we have 285 pendings: NSDCC December Sales Year December Sales The Following January Sales % Drop-off 2012 181 128 29% 2013 223 184 17%...
Let's try to predict what will happen in 2021! For fun, our reader The Old Man suggested we look back at the predictions for 2020. I had guessed that sales would drop 10%, with the NSDCC median price rising 2% to 3% - here's last year's blog post:...
Bill has his annual forecast on home prices here: https://www.calculatedriskblog.com/2020/12/question-8-for-2021-what-will-happen.html Here is a snapshot of the forecasts: (I was reading the previous chart wrong when I said that all were forecasting 7% to 10%...
Thoughts: I can't remember any prognosticator predicting double-digit appreciation before. There will be areas who will have higher than 10.3% appreciation in 2021. Zillow has guts to put it out there. They could have played it safer. Do they know something? They are...
The experts at realtor.com think our pricing will go up 5.5% next year, and the folks at Zillow have predicted around 8% for areas...
2020 was a truly unprecedented year. With it behind us, let’s look ahead at three housing market trends that are likely during the next three years. First, exceptionally low mortgage rates are likely to be around for an extended period. We expect 30-year fixed-rate...
