“
I think we’ll stay flat for another year.
”
A lot has changed on a larger, more macroeconomic level, though, both in our country and around the globe. As President-elect Trump takes office, it will be interesting to see how that affects our local and statewide real estate markets. Of course, we’ll be watching and sharing our thoughts with you as things progress. My prediction for 2017? I think we will stay flat for another year. We might see a modest 2% to 3% uptick in value and continued growth in inventory sales, but to the general consumer, it’s going to feel flat. As far as interest rates go, toward the end of 2016 they inched back up closer to 4%. As the new administration settles in, we’ll keep a close eye on how that situation progresses. If you have any questions or are thinking of buying or selling a house, please don’t hesitate to reach out to me by phone or email. I look forward to working with you soon!
