Now that the outcome of Super Bowl LI has been determined, many Americans will start mulling a different question: What’s in store for the U.S. housing market this year? The Super Bowl traditionally kicks off the spring home-buying season, when listings and sales activity begin to ramp up. If you’re hoping to sell your home this year, take heart in the fact that prices of existing homes are expected to climb again in 2017 — albeit at a slower rate than in recent years owing to higher mortgage interest rates and an eventual uptick in inventory.
- Confidence in the housing market returns in January
- $400 Million Drop in This Company’s Stock Could Signal Trouble for the Housing Market