Re/Max: Real estate expected to boom in 2018

Housing

HousingBy Kelsey Ramírez | Housingwire

After a year of rising home prices, low inventory levels and ongoing homebuyer demand, these conditions will increase even more in 2018.

As the year begins, one expert breaks down some of the major trends to come in 2018, saying the year will bring an abundance of positive trends.

“Turn up the volume on new home building,” Re/Max Co-CEO Adam Contos said, citing housing starts that are down 2.9% year-over-year and well below the historic 50-year average. “We’d love nothing more than to see the next generation of homebuyers start building equity now.”

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