The weather forecast is soon to call for warmer weather with the start of spring, and forecasts for the housing market are looking bright, too: experts are predicting an increase in home prices by 3.3% annually over the span of the next five years (Source).
Since 2011, the housing market has slowly started to steady itself, following fifteen years of fluctuation in home prices and sales, creating a constant see-saw effect. Those in the real estate industry are expecting big gains in every metro area, with home prices on the rise.
For more information about the state of the current real estate market, and to purchase real estate in Maryland, please contact The Team Edge today at [email protected].
To stay up-to-date on our up-to-date real estate listings, follow us on�Facebook,�Twitter,�Linkedin, and�Google+.
Sources:
After years of wild swings, the U.S. housing market is slowly returning to normal.