Home Size1,769 sqft
Days on Market1
Buying a Home in Overland Park? Where Are Prices Headed Over the Next 5 Years?
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.
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(all data current as of 1/27/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.