5 Ways the Housing Market Could Change in 2017 – msn.com.
…Despite 2016 being a year full of surprises – some good and others bad – expectations for the economy remain positive, which is positive for housing.
“Even though rates are up, which is going to choke off a little bit of housing demand, what’s upsetting that is strong job growth, strong wage growth and strong optimism,” Rick says.
Confidence is half the battle when it comes to real estate, as people don’t want to move or purchase a new property if they’re concerned values will go down.
Shtainer says she expects to see a resurgence of international investors in U.S. real estate, despite a decrease in overseas buyers in recent months caused by political uncertainty both in the U.S. and abroad.
“They see that the economy is booming, and they see a lot of optimism going into 2017,” she says…
Read more at https://a.msn.com/r/2/BBxJsuV?m=en-us