Predictions for Local 2018 Home Values
A lot of people have been asking me about my predictions for home values in the coming year. I don’t have a crystal ball, but I do have a pretty good idea of what’s likely to happen.
Recently, a lot of people have been asking what I think home values are going to be in the coming year.
For areas like East Pensacola Heights, East Hill, and Northeast Pensacola, I believe we can expect high rates of appreciation. In fact, I think we could see appreciation as high as 10%.
In other areas, I predict that appreciation will see rates between 4% and 5%.
Of course, no one has a crystal ball. It’s impossible to be perfectly sure of what is going to happen.
It’s impossible to be perfectly sure of what is going to happen.
No matter what exactly happens in the coming year, I recommend that buyers make their move now. You’re certainly going to pay more the longer you wait.
Sellers aren’t in a position to wait to sell, so buyers shouldn’t wait either.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.