Northwest’s on a Roll in a Booming Housing Market

The U.S. housing market continues its strong growth with all factors pointing towards an overall annual forecast appreciation of 4.2 percent according to Veros Real Estate Solutions (Veros), a collateral valuations services provider. The VeroFORECAST, the company’s quarterly real estate market forecast for the 12-month period ending December 2018 expects only 3 percent of the markets to depreciate. The forecast throws up some interesting trends and has predicted boom time for the Northwestern region of the U.S. with Washington leading the way. It indicated that parts of California are starting to see an uptick in appreciation with top performing markets such as San Diego, San Jose, Los Angeles, and Sacramento expected to appreciate in the range of 7.5 percent to 8 percent. On the other hand Dallas and Austin markets in Texas are softening and dropped 1 percent in forecast appreciation.

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Source: The M Report

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