The Real Estate Market Has Turned The Corner

All the signals indicate that Real Estate 2014 has found itself back on solid ground and we can take this great news with us into 2015.  Based on the research of National Association of Realtors (NAR), Freddie Mac and the Mortgage Bankers’ Association (MBA), both the numbers of home sales will increase and home values will appreciate nicely over the next few years.

According to The KCM Crew,  The strength of the market can be viewed using two metrics: projected home values and projected house sales  We recently reported that the Home Price Expectation Survey revealed future home values will continue to appreciate nicely. Today we want to look at projections on the number of home sales (existing and new construction) we will see over the next two years. We researched what the National Association of Realtors (NAR), Freddie Mac and the Mortgage Bankers’ Association (MBA) are projecting for the housing industry going forward.

Here is what we found:

All three entities see the number of home sales increasing in both 2015 and 2016. This is further proof the housing market is back.

by The KCM Crew on December 3, 2014