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Donald Buresh

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Where Are House Prices Headed?

by Donald Leave a Comment

We are often asked where we think home prices are headed over the next year. Recently, several groups have stepped forward and given their projections as to what level of appreciation we can expect by the end of 2013. Here is what they said:

  • Demand Institute Study: 1.75% appreciation
  • Urban Land Institute: 2%
  • Home Price Expectation Survey: 2.44%
  • National Assoc of Business Economists: 2.8%
  • Wall Street Journal’s Survey of Economists: 3.25%

All five groups are calling for home values to rise through the end of next year. However, none are projecting that we will hit historic annual appreciation levels (3.6%) that existed prior to the housing bubble.

by The KCM Crew on October 17, 2012

Filed Under: Real Estate Blog

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For your full-service realty needs, specializing in Napa and St. Helena properties, Riverfront homes, and Napa Valley luxury real estate, Donald has the ability to find the right property with you in mind. Now accepting new clients, Donald looks forward to working with you now and in the future.

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Coldwell Banker Brokers of the Valley has a long successful history serving real estate buyers and sellers throughout Napa County. The company was formed in 1994, bringing together three long-time Napa firms, the oldest of which had begun serving Napa homeowners in 1978.

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Napa, CA 94558

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