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Veros Real Estate Solutions releases the Q3 2023 VeroFORECAST report which anticipates that home prices are expected to increase on average 2.2% over the next 12 months, compared to last quarter’s forecast of 1.7% increase, indicative of a steady market.
Veros Real Estate Solutions releases 2023 Q2 VeroFORECAST, which anticipates a strengthening housing market for the next year. The report further indicates that while the Western markets, once the darlings of the real estate world, display signs of weakness, the Midwest and Eastern states have emerged as hotspots for homebuyers seeking affordability and economic stability.
The Q1 2023 VeroFORECAST anticipates home prices will be flat overall for the next twelve months. This is a slight improvement from the 0.5% annual depreciation forecast just one quarter ago.
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is a significant drop from the 4.5% annual appreciation forecast just one quarter ago.
One of the mortgage industry’s biggest challenges is identifying and preventing potential racial bias in the home valuation process. This report analyzes home valuation data in minority communities in the following cities: Chicago, Atlanta, Houston, Los Angeles, Philadelphia
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is a significant drop from the 4.5% annual appreciation forecast just one quarter ago.
The 2022 Q2 VeroFORECAST anticipates home prices will appreciate on average just 4.5% for the next twelve months. This is a drop by almost half from the 7.1% appreciation forecast just one quarter ago.
The latest data on residential construction from the US Census Bureau and the US Department of Housing and Urban Development shows that annual housing starts increased 15.6% from 1.38 million in 2020 to 1.6 million in 2021 but were 23% lower compared to 2.07 million in 2005, when the last housing bubble took place. 70% …
The 15.6% Increase in Housing Starts Won’t Cool Prices in 2022 Read More »
Veros’ VeroFORECAST data predicts America’s housing market to remain robust overall in 2022, with the pace of home price appreciation to slow down slightly. SANTA ANA, Calif., January 10, 2022 —Today Veros Estate Solutions (VEROS®), an industry leader in enterprise risk management and collateral valuation services, released its Q4 2021 VeroFORECASTSM data that anticipates home …
Expect Slightly Slower Home-price Growth, Market Still Booming in 2022 Read More »
Climate change impacts more than the environment, but also where people want to live and the value of homes. The COVID-19 pandemic’s perceived negative impact on home values was short-lived — the market paused for only one quarter, then resumed appreciating in the subsequent quarters and continues to perform remarkably. Climate change, on the other …
Climate Change…And Where You Do and Don’t Want To Live Read More »
