Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Dated: January 12 2024

Views: 38



Some Highlights

  • If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
  • Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
  • If you're worried about falling home prices, don't be. Many experts forecast they'll keep rising for years to come. If you have questions, let’s connect.
Blog author image

Travis Scott

Team leader of the MI Property Experts Group brokered by eXp Realty. My mission is to allow every single client our team has the ability to interact with to experience how it feels to work with a....

Latest Blog Posts

3 Key Factors Impacting Home Affordability

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that.

Read More

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates

Read More

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Some HighlightsIf you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.Based on

Read More

The Dramatic Impact of Homeownership on Net Worth

If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision.Every three,

Read More