Predictions are plentiful this time of year.  As we move closer to 2016, we will see more forecasts about what the year will hold especially when it comes to the housing market.  If you are on the fence about buying or selling a home, this information is especially important since you want to make the best decision possible.  With that said, there are probably two main questions you have.  What are home values going to do and what will interest rates be.  While nobody can say with perfect accuracy, history teaches us that based on a multitude of economic factors, we can have a good idea of what these two outcomes will be.  To make it simple, here are a couple of slides to show what I expect to happen this coming year.  Call me today to ask your specific questions regarding your area of interest.

Percent Increase

30year rates actual

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