{"id":1705,"date":"2021-05-11T14:07:18","date_gmt":"2021-05-11T14:07:18","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1705"},"modified":"2021-05-11T14:07:18","modified_gmt":"2021-05-11T14:07:18","slug":"experts-say-home-prices-will-continue-appreciate","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/experts-say-home-prices-will-continue-appreciate\/","title":{"rendered":"Experts Say Home Prices Will Continue to Appreciate"},"content":{"rendered":"
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Experts Say Home Prices Will Continue to Appreciate<\/p><\/div>\n

It\u2019s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google\u00a0reports<\/a>\u00a0that the search for\u00a0\u201cWhen is the housing market going to crash?\u201d<\/em>\u00a0has actually spiked 2450% over the past month.<\/p>\n

In addition, Jim Dalrymple II of\u00a0Inman News<\/em>\u00a0notes<\/a>:<\/p>\n

\u201cOne of the most noteworthy things that came up in Inman\u2019s conversations with agents was that every single one said they\u2019ve had conversations with clients about whether or not the market is heading into a bubble.\u201d<\/em><\/p><\/blockquote>\n

To alleviate some of these concerns, let\u2019s look at what several financial analysts are saying about the current residential real estate market. Within the last thirty days, four of the major financial services giants came to the same conclusion:\u00a0the housing market is strong, and price appreciation will continue<\/strong>. Here are their statements on the issue:<\/p>\n

Goldman Sachs\u2019 Research Note on Housing<\/em><\/a>:<\/h5>\n

\u201cStrong demand for housing looks sustainable. Even before the pandemic, demographic tailwinds and historically-low mortgage rates had pushed demand to high levels. \u2026 consumer surveys indicate that household buying intentions are now the highest in 20 years. \u2026 As a result, the model projects double-digit price gains both this year and next.\u201d<\/em><\/p><\/blockquote>\n

Joe Seydl,\u00a0Senior Markets Economist<\/em>,\u00a0J.P.Morgan<\/em><\/a>:<\/h5>\n

\u201cHomebuyers\u2014interest rates are still historically low, though they are inching up. Housing prices have spiked during the last six-to-nine months, but we don\u2019t expect them to fall soon, and we believe they are more likely to keep rising. If you are looking to purchase a new home, conditions now may be better than 12 months hence.\u201d<\/em><\/p><\/blockquote>\n

Morgan Stanley, Thoughts on the Market Podcast<\/em><\/a>:<\/h5>\n

\u201cUnlike 15 years ago, the euphoria in today\u2019s home prices comes down to the simple logic of supply and demand. And we at Morgan Stanley conclude that this time the sector is on a sustainably, sturdy foundation . . . . This robust demand and highly challenged supply, along with tight mortgage lending standards, may continue to bode well for home prices. Higher interest rates and post pandemic moves could likely slow the pace of appreciation, but the upward trajectory remains very much on course.\u201d<\/em><\/p><\/blockquote>\n

Merrill Lynch\u2019s Capital Market Outlook<\/em><\/a>:<\/h5>\n

\u201cThere are reasons to believe that this is likely to be an unusually long and strong housing expansion. Demand is very strong because the biggest demographic cohort in history is moving through the household-formation and peak home-buying stages of its life cycle. Coronavirus-related preference changes have also sharply boosted home buying demand. At the same time, supply is unusually tight, with available homes for sale at record-low levels. Double-digit price gains are rationing the supply.\u201d<\/em><\/p><\/blockquote>\n

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

If you\u2019re concerned about making the decision to buy or sell right now, let\u2019s connect to discuss what\u2019s happening in our local market.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

It\u2019s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. To alleviate some of these concerns, let\u2019s look at what several financial analysts are saying about the current residential real estate market. Finish Reading Experts Say Home Prices Will Continue to Appreciate<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1705"}],"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=1705"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1705\/revisions"}],"predecessor-version":[{"id":1708,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1705\/revisions\/1708"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}