Ready to peer into the crystal ball of the housing market? In episode thirty-one of the RiskWire Webcast, Senior Research Economist Reena Agrawal and Chief Economist Eric Fox break down VeroFORECAST’s latest predictions. Will home prices climb, or will they cool down? What’s the mortgage rate outlook? And which markets are set to shine (or struggle)? Join Veros’ experts for a data-driven deep dive into the real estate forecast for the rest of the year.
Episode Highlights:
- VeroFORECAST predicts a U.S. national average home price increase of 2.7%, which is a significant slowdown compared to recent years.
- Strongest markets are expected to reside in the Northeast and Midwest, while the weakest markets are expected to be in the South, primarily in Texas, Louisiana, and Florida.
- Although there is a large supply of homes on the market, many of them are ‘stale,’ meaning they have been sitting on the market for a long time due to high prices or undesirability.
Want to learn more about VeroFORECAST and its housing market predictions? Watch episode thirty-one of the RiskWire Webcast: Webcast & Interviews – RiskWire, powered by Veros
For additional information about the housing market and economic trends, visit RiskWire.com today!
