Today, I want to talk to you about a recent report issued by the National Association of Realtors. On a national level, they’re predicting a 1% to 3% increase in sales. I’m not sure if we’re going to experience that here in Connecticut; there’s just too much downward economic pressure to expect any appreciation. I’ll go more in-depth later in this series. To hear more, watch this short video.
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You are going to see an increase in home values of 2.5% to 3%, along with an increase in the movement of inventory. There will be some down spots throughout the year, most notably in the heat of the summer, just like we saw this year. However, I believe it’s going to be a great year overall.
If you have any questions for me about the market or about real estate in general, give me a call or send me an email today. I would love to hear from you.