What to expect from U.S real estate in 2016? Here’s what the experts forecast: Our experts analyzed real estate activity during 2014 to forecast the�future of real estate in the U.S. and provide the following predictions for�home buyers & sellers:
1. Home prices to grow
There is widespread consensus over the improving state of U.S. real estate. As per the latest reports by Urban Land Institute (ULI) Center for Capital Markets and Real Estate, the home prices will continue to rise for next few years, so for investors 2016 shall be the time to find properties that promise high returns. The market has improved locally as well as nationally, which points to continued recovery.
2. Rental market seems to be up
As per Zillow, the rental market has moved up in the U.S. even in cities where real estate market struggled a bit. The supply of desirable rental properties could be one reason of growing rents. Finding a good property within budget looks troublesome so affordable properties have brighter chance to generate income.