5,150,582
Sellers will be selling and buyers will be buying
-
Michael Jacobs
Pasadena, CA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Pete Xavier
Pacific Palisades, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Inna Ivchenko
Encino, CA
-
Huufc Yggvggg
Arden, DE
2,703,207
The Fed will raise rates.
Regulations will be reduced at the Federal level, but all regulations including state, county, city will still add 25% to the cost of a house (per NAHB).
Prices will drop as rates increase.
Cities that see a return of manufacturing, oil production etc. will become hot markets.
There will be a lot of talk about eliminating Fannie and Freddie, but nothing will change.
Dodd-Frank and CFPB will also be considered for the chopping block, but vested interests will see that no real changes take place.
-
Pete Xavier
Pacific Palisades, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Huufc Yggvggg
Arden, DE
4,334,878
John Meussner I think, it will be good.
-
Nina Hollander, Broker
Charlotte, NC
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Huufc Yggvggg
Arden, DE
3,763,935
Well, my Chinese horoscope says I'll have a pretty good year. And who knows? I think we're in for some very interesting times
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Huufc Yggvggg
Arden, DE
2,430,559
- I think we will be good for 2017
-
Nina Hollander, Broker
Charlotte, NC
-
Huufc Yggvggg
Arden, DE
3,986,423
5,774,084
Not a soothsayer, and Merlin the Magician iis mum. A
-
Nina Hollander, Broker
Charlotte, NC
-
Huufc Yggvggg
Arden, DE
1,868,448
I just had this discussion at lunch yesterday. My crystal ball (with the crack) says that interest rate hike will stagnate the market. In the Midwest we will have mediocre recovery like 5% tops.
My friend said gang busters because business likes our new Prez.
-
Nina Hollander, Broker
Charlotte, NC
-
Huufc Yggvggg
Arden, DE
8,115,019
The market will continue to be strong in our area.
-
Nina Hollander, Broker
Charlotte, NC
-
Huufc Yggvggg
Arden, DE
3,074,289
Jeff Dowler nailed this one!
-
John Pusa
Glendale, CA
-
Nina Hollander, Broker
Charlotte, NC
1,645,771
I think, it is going to be busy for RE people. Prices are staying high, I hope, they go down a bit so more buyers can afford SoCal property.
-
Nina Hollander, Broker
Charlotte, NC
4,273,331
5,278,837
I can't comment about the housing market as a whole... it's too hyperlocal. I think Charlotte market will remain strong so long as we are in a thineventory situation.
-
John Pusa
Glendale, CA
1,713,581
5,459,480
Oh, how I wish I had a crystal ball, John Meussner! I am cautiously optimistic - I really do feel good about our local market but, nationally is something I wouldn't dare speak on!
-
Huufc Yggvggg
Arden, DE
4,800,282
2,234,753
6,652,282
4,714,495
As far as predictions on this subject go, I agree with Jeff Dowler.
John -- good post, by the way.
1,748,777
Love the answers so far. I am hopefully optimistic but know well that what goes up, must come down. It is just a matter of when.
4,321,985
1,957,372
It does not matter what the market does....It matters what I do. I will do what it takes to get the share of the market I need.
3,652,392
5,584,178
congratulations on the well deserved Feature, John.... and the bottom line is to continue to stay focused and work consistently to find new, fresh listings.... dig deeply...
1,534,204
I think it'll be good. Not too many crazy changes unless the economy tanks.
1,157,841
My crystal ball is celebrating the festive season right now and therefore, is not working on predictions.
864,758
I believe it will be a great year. The new administration intent is to increase the productivity of the economy which in turn translates to optimistic consumer confidence.
1,006,723
I agree with Jeff Dowler although I', crossing my fingers for....BOOOOOOMMMMMM!!!!!!
602,025
I'm in a market that slowed significantly two years ago when oil and coal was hit hard. I expect the energy industry to rebound in 2017 and we have other businesses moving into our community. This, and the low rates, should create a buyer's market for a year or so. My concern is that rates will jump too high, too fast and weaken buying power. Time will tell!
2,837,762
We might see the trade-up market come back strong...slow at the top and steady business for first time buyers
919,363
4,434,227
292,685
I also wrote a blog about predicting the housing market . I will read yours and hope you read mine .
5,171,144
Worry about interest rates going up but think we will have a great first half of the years in sales, after that depends on how high the rates go.
3,988,138
It will be a good year and though rates will be higher, buyers still will be buying and sellers will want to sell.
5,451,531
3,416,322
Buyers are not holding back out of fear of more rate increases. Sellers are feeling better after the election and willing to take the next step. Listing their homes and moving up. So more homes on the market and more buyers equals a good year
921,504
I anticipate/predict increasing media babble about a bubble.
Such babble may be overwhelmed by media who has orchestrated a schemed retaliation to the Trump Triumph.
For two years the local news has reported record real estate sales. IT is only a matter of time until they tire of good news and can not fight the 'Chicken Little' urge.