2017 Housing Market Economist Predictions

2017 Housing Market Economist Predictions

Economists are always looking into the future and making predictions about the direction of our economy.  The housing market is a particularly important component of the economy and there are mixed indicators about what will happen in 2017.  The consensus is as follows”

Key Takeaways

  1. Mortgage rates are likely to continue to increase throughout 2017.
  2. There will not be any easing in inventory, and affordability will still be a challenge in big markets.
  3. The potential is there for a large number of first-time buyers to enter the buying market, but they will face new challenges.

8 experts predict what the 2017 housing market has in store

Are you planning to buy or sell a home in 2017? Call me for a translation of how these market predictions will change the Atlanta housing market.  Sally English, Associate Broker, Realty Associates of Atlanta LLC. 404.229.2995