The Real Estate Insider July 2014 | Page 4

Coldwell Banker Holman Premier Realty 3815 S. 6th Street, Ste 110 Klamath Falls, OR 97603 Volume 1, Issue 7 | July 2014 FUTURE HOUSE PRICES: A look into the crystal ball Today, many real estate conversations center on housing prices and where they may be headed. That is why there is tremendous value in 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: • Values will appreciate by 4.4% in 2014 • Cumulative appreciation will be 19.5% by 2018 • 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 almost 9.4% by 2018 Individual opinions make headlines. This survey is a fair depiction of future values.