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Keller Williams Infinity

118505 Rt. 59, Plainfield, IL 60585

608 S Washington St, Naperville, IL 60540

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How Rising Prices Will Help You Build Family Wealth in 2018

January 2, 2018

 

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

So, what does this mean for homeowners and their equity position?

As an example, let’s assume a young couple purchases and closes on a $250,000 home this month (January). If we only look at the projected increase in the price of that home, how much equity will they earn over the next 5 years?

 

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