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Scott Petersen

2015 Real Estate Predictions

With 30 days remaining of 2014, tt is that time of year when we start to review the past year and look forward to the coming year. The forecast for real estate is mostly good news: mortgage rates will inch up from their 4% range to 5%, home values will trend down but bottom out at 3% appreciation, and builders continue to forecast growth of new construction. While this is not an exuberant forecast, it seems to be a sustainable recovery.

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Published Wednesday, November 19, 2014 11:59 AM by Scott Petersen

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