Pulsenomics invited an expert panel of over 100 economists, investment strategists, and housing market analysts to share their views about the most impactful housing market forces to expect in 2017, the interest rate on 30-year fixed rate mortgages that will significantly slow home value appreciation, and the mortgage rate "lock-in" phenomenon.Request Complete Report (free)
The below animation illustrates the evolution of home price expectations among members of our expert survey panel since the housing bust. It reveals how the outlook for U.S. home values has shifted over time (from Q1 2010 to Q1 2016), and the degree to which the spread between the most optimistic and most pessimistic quartiles of experts narrowed during that timeframe.
The diminished dispersion of expectations depicted in the animation was consistent with a market recovering from the waves of uncertainties unleashed by repeated government policy interventions during the bust. However, as 2016 progressed and the presidential election approached, volatility crept upward.