KCM™s Housing Predictions for 2014

KCM’s Housing Predictions for 2014 Posted: 02 Jan 2014 04:00 AM PST Making predictions in what is still a somewhat volatile housing market can be tricky. That being said, we are going to give you what we believe will be the five biggest headlines for housing in 2014. Home Sales Will Surge Many housing pundits are calling for home sales to do slightly better in 2014 than they did in 2013. To the contrary, we strongly believe that home sales will skyrocket with increases of 10-15% in 2014. Supply Will Struggle to Keep Up with Demand With a dramatic increase in demand, it will be up to real estate professionals and builders to make sure there is the necessary inventory to satisfy this demand. This will be a challenge for much of the year. Interest Rates Will Increase Significantly Most experts are calling for an increase in mortgage interest rates in 2014. However, we believe the increase will be more dramatic than is being projected. We believe rates will be closer to 6% than 5% by year’s end. And with that being said The Underwood Sales Group is here to help you today get the best rates and sell your home faster and for top dollar. Using the power of the Keller Williams Realty and #1 in agent count we are here to answer any questions or concerns. Please feel free to contact us at (888) 831-0736 anytime!