Make sure to pick up the Winter 2016-17 issue of Vista Magazine! Ashley Robertson Bedard is featured in the ASK THE EXPERTS: Real Estate Market Outlook!
Ashley says: “We currently have a shortage of supply in the real estate market. The Millennial Generation, approximately 83 million individuals in the United States, are approaching the average age of a first-time home buyer, 34. The Millennial Generation has expressed strong interest in home ownership, increasing the demand in 2017. New construction is on the rise to help close the gap between supply and demand; however, predictions indicate a shortage of housing will still exist. Interest rates will increase slightly, and the median price of homes will likely increase at a steady rate of natural inflation, 3-4%.”
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