THE INSIDE SCOOP BLOG

Buying a Home in Overland Park? Where Are Prices Headed Over the Next 5 Years?

compliments of kcm

compliments of kcm

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, 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.

The results of their latest survey:

  • Home values will appreciate by 4.8% in 2014.
  • The cumulative appreciation will be 23.5% by 2019.
  • That means the average annual appreciation will be 3.6% over the next 5 years.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 15.1% by 2019.

Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

If you want to know how you can buy a home before interest rates go up, call me direct at (913) 515-3250 or sign up for our next home buyer workshop, “Buying Your Next Home May Be Easier than You Think!” on January 27, 2015. Start your home search here.

Today’s New Listings – Homes for Sale in Overland Park

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(all data current as of 8/24/2019)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

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