Take a look at the quarterly Home Price Expectation Survey done by Pulsenomic surveys, a nationwide panel of over one hundred economist, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. Call Craig Adelman now at 303.809.8979.
Optimistic results are as follows:
Home values will appreciate by 4.5% in 2014.
The average annual appreciation will be 3.94% over the next 5 years
The cumulative appreciation will be 19.7% by 2018.
Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of almost 11% by 2018.
We have a bright future at our hands Denver! Call Craig Adelman now at 303.809.8979 with any of your mortgage questions.