Forecaster Predicts Home Price Increase

By
Real Estate Agent with Keller Williams Realty BRE# 01922634

Forecaster (First American CoreLogic) predicts home prices will increase 9.5 percent by next August.  The forecaster then is predicting and increase in median home price by $48,000.  Now that is an increase we will all enjoy. 

As usual the price gain would put Orange County out in front of most of the nation.  We have as a state been one of the last into a recession and one of the first out of a recession. 

Some of the other projections for other areas:

  • Los Angeles County     up 6.3%
  • Miami, Dade County     up 6.1%
  • Chicago                        up 4.2%
  • Washington, D.C.         up 3.5%
  • Boston                          up 3.0%
  • New York City               up 2.3%
  • Houston                        up 1.4%
  • Atlanta                          up 0.2%
  • Dallas                            up 0.2%
  • Philadelphia                   up 0.8%

Another forecaster (UCLA Anderson Forecast) predicted that Orange County home prices will increase between 15.9 and 16.6 percent in 2010.

Forecaster and economist Mark Schniepp predicts that home price increase will be 30 percent by mid 2012.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the magnifying-glass to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Mortgage / Finance
Groups:
Almost Anything Goes
Dedicated Bloggers
Everything California
Realtors®
Southern California Real Estate Forum
Tags:
first american corelogic predicts
median home prices up

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
671,024

Elite Home Sales Team

A Tenacious and Skilled Real Estate Team
We are here for all your real estate needs!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the folder to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information