Metrostudy TV

2018 National Housing Outlook

Key Forecast Takeaways:

• Tax reform hurts high priced markets… but not as much as originally planned.
• The national housing market is dramatically under supplied,and it continues.
• The national housing market is heading toward over valuation, but housing values are nowhere near Yr. 2005/06 risk levels.
• The surge in the remodeling/renovation market will continue.
• Rising mortgage rates will contribute to severe over valuation in many markets.
• Overall, the cycle is in the top of the 7th inning…