2017 is in the books and we are now in full swing for 2018. It has been a good year for Ladera Ranch real estate, especially for sellers. Properties have sold faster at a higher price, a trend expected to continue well into 2018 and beyond.
While we are very optimistic about 2018 with its current still historically low interest rates and low housing inventory, it is seasoned with a hint of uncertainty due to the noisy political climate, new tax regulations affecting the mortgage industry, and expected rises in mortgage rates.
We at the Britschgi Real Estate team forecast a slow and steady gain for 2018. An increasingly strong job market, millennial first-time buyers entering the market and the expected reform of Freddie Mac and Fannie Mae will offset the negatives and further fuel gains for sellers.
To a successful 2018,
Britschgi Real Estate Team.