2016 was certainly an interesting year in real estate and housing predictions for 2017 suggest the excitement will continue for buyers, sellers and real estate agents. At first glance, the US housing market forecast mirrors many of the predictions made by experts for 2016. However, once you examine predictions for the real estate market in 2017 in more detail, you’ll notice several significant differences.
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With the hottest housing markets in 2017 expected to smash the national housing market average in price gain and sales figures, realtors servicing these markets can expect to have a great year. Realtors on average, however, should harbor moderate expectations for the 2017 national real estate market. National housing trends are still predicted to favor growth, but not nearly as heavily as they have in recent years.