Expectations

2018 Crystal Ball Award-Winners

In every year since 2010, Pulsenomics has recognized the most accurate and reliable forecasters of U.S. home values with one of our Crystal Ball Awards. More than 100 experts who participate on our Home Price Expectations Survey panel vie for the honor by predicting the future path of the Zillow Home Value Index over a…

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Downside Risk Signals in US Housing

According to the Q4 2018 edition of the Zillow Home Price Expectations Survey released yesterday, U.S. home prices are projected to increase at an average 3.8 percent rate in 2019–down from an expected 4.2 percent a few months ago. (These data are based upon responses from 114 members of an expert panel managed by Pulsenomics). The…

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Experts Expect a Record-Breaking Expansion

The Q3 2018 edition of The Zillow Home Price Expectations Survey–conducted by Pulsenomics LLC via a panel composed of more than 100 respected economists, housing  analysts and investment strategists–included a compilation of expert opinions concerning when the current economic expansion will peak, mortgage rates one year from now and at the cycle peak, and the…

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Housing Market Shift

In addition to providing an update to the five-year outlook for U.S. home values, the Q3 2018 edition of The Zillow Home Price Expectations Survey–conducted by Pulsenomics LLC via an expert panel composed of more than 100 respected economists, housing  analysts and investment strategists–delivered insights about when housing market conditions might shift decidedly in favor…

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2017 Crystal Ball Award Winners Announced

For the majority of U.S. households, residential real estate is the single largest asset on the balance sheet. Prevailing home equity levels–and expected home value changes–can have an out-sized influence on consumer spending and behavior (i.e., wealth effects). As an asset class, U.S. housing has an aggregate value of almost $30 trillion. For these and…

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Amazon HQ2: Economists, Strategists Weigh-In

After receiving 238 bids, Amazon recently announced that it narrowed its focus to 20 cities as the potential home for its second headquarters (“HQ2”). HQ2 will have a profound impact on the chosen city’s real estate market and economy. The just-released Q1 2018 edition of The Zillow Home Price Expectations Survey asked an expert panel…

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Millennials, Californians High on Housing

The latest Zillow Housing Confidence Index (ZHCI) reveals that homeowner expectations are higher than they were two years ago in the majority of metro areas tracked, and nowhere are they higher now than in The Golden State. The ZHCI homeowner expectations sub-indexes for Los Angeles, San Francisco, and San Jose are now 77.5, 77.3, and…

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Expectations for Home Values Fading

Data from the latest installment of The Zillow Home Price Expectations Survey indicate that most of the 104 expert respondents foresee further moderation in the rate of U.S. home value appreciation beyond 2016. The outlook for 2016 U.S. home price appreciation is 3.7 percent, less than the 4 percent value increase realized in 2015. The…

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