More than half of U.S. homeowners expect their home’s value to rise in the coming year. For St. Cloud real estate watchers who track public sentiment as a market indicator, the news comes as a welcome addition to other reports of rising consumer optimism regarding the economy as a whole.
The finding comes from a national telephone and online survey conducted earlier this month by the Rasmussen Reports organization. It signals an acceleration in a year-long trend of rising expectations among U.S. homeowners. A year earlier, fewer than 40% had predicted that their own home values would rise in the coming year. In this latest report, that number has increased to 53%—a leap of 12% over the March finding. According to Rasmussen summary, this amounts to “a record high” in optimism about future home values.
St. Cloud homeowners who plan to list their own properties in the immediate future have reason to welcome measures of positive expectations. When most people expect St. Cloud home values to rise, buyers are apt to view current market prices in terms of their investment potential. This can prove to be important—especially when values have been on the rise for a while.
This latest Rasmussen finding was all the more impressive in that it marked the first time in eight years that a majority of those sampled expressed optimism about future home values. It is in sync with a heavy majority of industry prognosticators who predict home value increases in the coming year.
It’s always good news when there is general agreement that St. Cloud home values are expected to continue to rise. If your own future includes the possibility of buying or selling in the coming year, I’d like to help—call me anytime!
Providing a superior level of informed, professional real estate services to buyers and sellers throughout Central Minnesota. From Maple Grove to St. Cloud, we have professional Realtors ready to assist! Residential & Commercial Real Estate, Sauk Rapids Real Estate, Sartell Real Estate, Waite Park Real Estate, Rice Real Estate, St. Joe Real Estate, Foley Real Estate. Milaca Real Estate, Litchfield, Maple Grove and surrounding communities. Whether you're looking at buying or selling home in St. Cloud, multi-family units in Sauk Rapids, land in Rockville or any property in Central Minnesota, we are the dedicated professionals to call for your needs. Premier Real Estate Services has offices located in St. Cloud, Milaca, Litchfield, Hutchinson, and Maple Grove.
We intend to be your PREMIER source for all your Central Minnesota Real Estate Needs.
This Tuesday, the 2018 Earthship Biotecture Conference will be calle
"Marty's Real Estate experience and knowledge is remarkable. He always keeps his clients best interests in mind. Marty's Real Estate experience and knowledge is remarkable. He always keeps his clients best interests in mind."