f you’re planning on buying a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. ⁣

In general, experts forecast home prices will keep appreciating, albeit at more normalized rates (NOT the rapid fire appreciation we saw during the pandemic 🔥).

What Does This Mean for You?

Well, essentially price appreciation raises your home’s value, and that in turn with your mortgage payments, increases your equity and grows your wealth!

If you have questions about buying in this market, please DM me!

(Source of the data on chart 2 is from the latest quarterly Home Price Expectation Survey (HPES) created by Pulsenomics (an independent research firm) who polled over 100 economists, investment strategists, and housing market analysts.)

home prices, price appreciation, los angeles real estate