WINDERMERE NEWS
FEBRUARY, 2014
From Timpooneke Trail
Where are Prices Headed in the Next 5 Years? Note: It’s important that we give credit to a valuable resource who has provided us with our information. KeepingCurrentMatters.com (*KCM)
Today, many real estate conversations center
on housing prices and where they may be headed. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
The Results of Their Latest Survey: • Home values will appreciate by 4.3% in 2014 • Cumulative appreciation will be 28% by 2018 • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of over 16.8% by 2018. Continued on following page
UPDATE SALT LAKE COUNTY REAL ESTATE JANUARY STATISTICS (1.1.14 - 1.30.14) 1,636 New Listings Median Listing Price $209,950 Median Sold Price $202,150 Median Days On Market: 61 *Provided by the Wasatch Front Multiple Listing Service