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REALTORS®’ Expect Continued Home Price Growth in Most States in the Next 12 Months

In the monthly REALTORS® Confidence the neighborhood or area where you
property prices over the next year? Among REALTORS® who responded to the March 2017 survey, the median expected home price change in the next 12 months was four percent (3.8 percent in February 2017; 3.7 percent in March 2016), based on the March 2017 REALTORS® Confidence Index Survey Report up home prices.

The map below shows the median expected price change of the respondents in the next 12 months at the state level.[2] Thirteen states, led by Washington, Colorado, and Utah, had median expected price growth in the range of four to seven percent. The oil-producing states of Alaska and North Dakota have respondents expect a decline in Alaska home prices and growth of two percent in North Dakota in the next 12 months.
Looking at the values over time in selected states, the median expected price change appears to be increasing again, indicating that respondents expect demand to remain strong, even as home prices continue to rise.
expected price change in the next 12 months is higher than the expected price change one year ago. Commentaries, by Scholastica (Gay) Cororaton, Research Economist Index Survey, the National Association of REALTORS®
make most of your sales, what are your expectations for Report. [1] Lack of supply amid strong demand has propped the lowest median expected price change rise.[3] In many states, the on asks members “In residential


[1] The median expected price change is a measure that represents the middle value of the distribution of responses.
[2] To increase the number of observations for each state, NAR uses data from the last three surveys.
[3] The selected states shown in these charts are those with approximately 150 observations.
Scholastica (Gay) Cororaton, Research Economist

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About Area

Blairsville is a small mountain community in the Northeast Georgia Mountains. Almost two thirds of Union County, in which Blairsville is located, is inside the Chattahoochee National Forest. Therefore, Mother Nature reigns supreme in the area. Outdoor activities of all types are celebrated. Visitors can find themselves hiking, mountain biking, horseback riding, or even exploring three rushing waterfalls including the twin cascades at Helton Creek Falls. In addition, there are warm weather water sports on pristine Lake Winfield Scott and Lake Nottely, and the 20-acre lake and swimming beach at one of Georgia’s most beloved summer getaways, Vogel State Park. Many different picturesque settings are available for real estate, like mountain views, rolling pastures, creeks, rivers, and many combinations of them all. The pace of living invites you to just sit in the porch swing and listen to nature around you. Blairsville is also host to many unique and fun festivals all throughout the year. The Historic Town Square is frequently the venue for annual events such as the Downtown Spring Arts & Crafts Festival, the Memorial Day Parade, the Green Bean Festival, the Bluegrass Festival, the Sorghum Parade, Hometown Halloween on the Square, and the Christmas Parade. Everyone is invited to these family oriented celebrations! If you’ve ever wanted to experience mountain living at it’s best, Blairsville is for you, and Century 21 Scenic Realty is the Agency you need.

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