Housing Market Trends Report: Spring 2016

Post on 23-Jan-2017

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Transcript of Housing Market Trends Report: Spring 2016

Key Takeaways

National home values are currently 6.4 percentbelow the pre-recession peak.

Home value appreciation in 2016 will reflect more normal growth.

Despite fast-moving home values in some areas, economists don’t foresee any bubble trouble.

We’re not headed for a recession: Consumer spending and new home construction

are expected to increase in 2016.

The most notably affected market in the current climate: luxury homes.

List during the magic window of early Mayand sell 18.5 days faster and for

nearly 1% more than national averages.

Top 25 markets where it’s crucial to hit the magic window.