Housing Headed up next year in Orange County
According to Altos Research which is a housing data provider, they are expecting a housing market SURGE in 2015. They are expecting the supply to go up 10% and prices up 7% because of the low number of days on the market for current homes for sale.
Other experts say things will slow based on worries in Today’s news but Altos says they are basing their expectation on actual documentations, and are expecting a 5th year of recovery.
Both supply and demand will move this housing economy upward.
We all know that Real Estate is the best long term investment you can make so whether it is going to be another great year next year or not, RATES are low now! PRICES will go up! As will RATES so NOW is a GREAT time to buy.