The 2016 Forecast is out and while the market is expecting to remain strong this year, indicators are leading us to conclude the market will not continue to gain speed next year.
Gross Domestic Product remains underwhelming.
International buyers came to invest, now that prices have rise , they’re staying on the sideline of the housing market.
Since rates are low, and inventory remains low, demand has remained solid. As soon as either of those factors uptick, the market will slow.
Finally, the forecast. For questions about the market, or these slides specifically, contact Realtor Amy E. Wright at 858-224-2562.