Forest Lake Homes For Sale | Chelsea Erickson - Real Estate Agent
Chelsea Erickson

Will Home Sales and Prices Continue to Accelerate in 2017?

lakehome_lake_george_homes_for_sale_anoka_county_lakeshore_aerialThe days of multiple bids and offers that are typically way higher than a home’s asking price—you know, that stuff that we now consider to be normal in the housing biz—aren’t expected to disappear any time soon. But here’s the good news: Things aren’t expected to get too much worse in 2017 either. Rising mortgage rates as well as a dearth of affordable, existing homes (i.e., previously lived-in residences) on the market are expected to lead to a smaller increase in sales in 2017, according to the latest quarterly survey from the National Association of Realtors®. – From

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