Regardless of how nice your home may be, it is subject to fluctuating market conditions. As we have seen over the past decade, when a market drops, the value of all our homes drop. Recent research from the MBA suggests that ongoing demand for housing over the next 10 years will be strong, helping all property owners realize slow steady growth in value.
- Demand in housing should grow consistently over coming decade
- 13 - 15 Million new households by 2024
- This includes all residential housing types (house, apartment, own, rent)
- Millennials will be entering the market in large numbers