Home Price Predictions Get an Unexpected Bump: Is 2018 the Time to Sell?

Housing experts recently upped their predictions for the real estate market in 2018, predicting home prices to rise 4.1 percent as opposed to the originally anticipated 3 percent. The 2017 Q4 Zillow® Home Price Expectations Survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 housing experts, market strategists, and economists about their expectations for the U.S. housing market in 2018 and beyond. The revised pricing prediction is based largely on the ongoing inventory shortage. According to the quarterly survey, the number of homes for sale in the United States has fallen on an annual basis for …