Darren Ahearn
Darren Ahearn
240-317-2722240-317-2722

Home Value Appreciation Stops Falling, Begins to Stabilize – KCM Article

Home Value Appreciation Stops Falling, Begins to Stabilize

Home Value Appreciation Stops Falling, Begins to Stabilize | MyKCM

The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer.

In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it was revealed that Realtors are starting to sense that home values are beginning to stabilize and that we may see appreciation beginning to accelerate again:

“About 3,000 REALTORS® who responded to NAR’s February 2019 REALTORS Confidence Index Survey had more optimistic— although modest— home price growth expectations over the next 12 months. Respondents expect home prices to typically increase by 1.9 percent nationally, up from 1.4 percent in the January survey.”

The thinking that home appreciation has bottomed-out was also confirmed in two additional housing reports recently released:

CoreLogic Home Price Index – The analysts at CoreLogic increased their projection for home appreciation for the next twelve months to 4.7% as compared to the 4.6% they projected in their previous report.

The Home Price Expectation Survey – In the 2019 first quarter survey, the nationwide panel of over one hundred economists, real estate experts, and investment & market strategists increased their projection for home value growth in 2019 to 4.3% compared to the 3.8% increase they had projected in the fourth quarter of 2018.

Bottom Line

Agents working the business every day, one of the premier data companies in the real estate space, and one hundred housing experts all agree: home price appreciation has ended its decline and looks to be stabilizing… and may even accelerate.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

About Darren Ahearn

Picture of Darren Ahearn

Darren Ahearn

darrenahearn@gmail.com

7210 Corporate Court Suite B, Frederick, MD 21703

240-317-2722240-317-2722 main

240 344 1713240 344 1713 office

240 344 1713240 344 1713 mobile

RE/MAX Results

7210 Corporate Ct. Suite B Frederick, MD. 21703

It’s not about the home, It’s about serving you!

Community Events

Political Book Analysis

Political Honesty

Start a Political Book Review Club. Looking to review from the slant of objective journalism. For first meeting, will suggest:Unfreedom of the Press – May 21, 2019 by Mark R. Levin "From five-time #1 New York Times bestselling author, Mark R....

Frederick Thai Festival

Young Brown Women of Frederick

Enjoy traditional food, performances, and music.

The McCartney Experience: Baker Park Summer Concert

Catholic Singles

The McCartney Experience – The ULTIMATE Sir Paul Tribute. Playing all the songs you remember and love, from the Beatles, Wings, as well as solo hits. Incredible musical talent. They include music from the early years of Beatlemania and more....

Facebook Feed