{"id":111,"date":"2019-09-12T23:13:59","date_gmt":"2019-09-12T23:13:59","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=111"},"modified":"2019-09-12T23:14:01","modified_gmt":"2019-09-12T23:14:01","slug":"what-is-the-probability-that-home-values-sink","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/what-is-the-probability-that-home-values-sink\/","title":{"rendered":"What Is the Probability That Home Values Sink?"},"content":{"rendered":"\n

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective.<\/p>\n\n\n\n

Here is a table showing the predicted levels of appreciation from six major housing sources:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

As we can see, every source believes home prices will continue to appreciate (albeit at lower levels than we have seen over the last several years). But, not one source is calling for residential real estate values to depreciate.<\/p>\n\n\n\n

Additionally,\u00a0ARCH Mortgage Insurance Company<\/em>\u00a0in their current\u00a0Housing and Mortgage Market Review<\/a>\u00a0revealed their latest\u00a0ARCH Risk Index<\/em>, which estimates the probability of home prices being lower in two years. There was not one state that even had a moderate probability of home prices lowering. In fact, 34 of the 50 states had a minimal probability.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Bottom Line<\/strong><\/h3>\n\n\n\n

Those waiting for prices to fall before purchasing a home should realize that the probability of that happening anytime soon is very low. With mortgage rates already at near historic lows, now may be the time to act.<\/p>\n\n\n\n

Contact us:
PHP Houses<\/a>
142 W Lakeview Ave Unit 1030
Lake Mary FL 32746
Ph: (407) 519-0719
Fax: (407) 205-1951
email: info@phphouses.com<\/a><\/p>\n\n\n\n


<\/p>\n","protected":false},"excerpt":{"rendered":"

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the… Finish Reading What Is the Probability That Home Values Sink?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[10,18,16,27,32,9,20,24,13,19],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/111"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=111"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions"}],"predecessor-version":[{"id":114,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions\/114"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}