Housing in the New Year

Calculated Risk Blog reports forecasts for housing prices in 2014. The average across four forecasts from Fannie Mae, Merrill Lynch, Wells Fargo and Zillow is a 5% rise in prices — a major slowdown from the recent 12% year over year pace.  One rule for forecasting is to  know where you are when you (try to) predict where you’re going to be.   To know where home  prices are now, check out the next S&P/Case-Shiller Home Price Report,  due Tuesday, December 31st at 9 AM.  No matter how the numbers turn out, have a happy new year!

The posts on this blog are opinions, not advice.
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