Information provided by Gordcollins.com and gives a quick view of 2018 market predictions.
NAR/Realtor Outlook on the Housing Market
Realtor.com® 2018 Forecast
Home price appreciation
Average 4.6% mortage rates in 2018 to 5.0% (30 year fixed) by year end
Existing home sales
2.5% growth, low inventory problem easing
3% growth in home building 7% growth in houses
New home sales
Growth of 7%
Home ownership rate
Stabilizing at 63.9% nationally
Despite the market correction, experts feel this bull market could continue as long as business keeps coming back to the US. That’s a long process of repatriation. In the meantime, the jobs picture, wage growth, investment, and profit growth are giving real estate participants a lot of optimism.
The resistance to housing development is slowing. Conservatives are giving up amidst intense pressure by those facing outrageous housing shortages and skyrocketing rental prices.
Author:David and Leslie Miller Phone: 850-499-4162 Dated: February 13th 2018 Views: 59 About David and Leslie: South Walton became my home over 10 years ago when David and I married and chose to settle and raise...
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Coming from the suburbs of Birmingham, Alabama to live on the Gulf Coast for the past 31 years from Pensacola to Mobile and now to Walton County, my wonderful husband and I continue to enjoy the slower pace and southern hospitality. When our son joined the Navy in 2011 we chose to write the next chapter of our adventure here; to our delight, this place we enjoy as home has offered more surprises with community and values that make it even more special than we imagined.
With a 12 year background as a mortgage loan officer, it has been important to me to understand the many facets of this Florida market of primary residences, second homes and investment properties. As a result, I pursue community activities and I continue to learn by earning my designations of CLHMS (Certified Luxury Home Marketing Specialist) and GRI (Graduate, Realtor Institute).
I’d love to help you find your “HOME” here whether from Destin, Sandestin to Santa Rosa Beach and 30A… “There’s No Dream Too Big and No House too Small”
Sometimes purchasing a lot puts you in unknown territory that you don'
"We have worked with Gena Bolton for the past two years to find the perfect beachfront property for our family. In all that time, Gena has shown the patience and professional expertise of the highest standards and has been the hardest working real estate representative we have ever come across.
We have bought and sold eleven or twelve houses over our working life and with all that experience we've seen the good and the bad of sales persons. Gena is the best of the best. She is extremely knowledgeable about her product, location, values, and negotiating tactics. She has proven time and again, that she has her clients best interests at heart and works diligently to provide the utmost professional information and advice anyone could want. She has saved us a few times from making mistakes, with her wisdom and strong business sense and she has ultimately been correct and successful in promoting the property we had for sale. She is the real estate representative you want on your side......she makes all the difference in the world.
We give Gena the highest recommendation for honest, professional, sincere, and hardest working real estate professional you should be using for sale or purchase...she does both extraordinarily !!!"