{"id":5010,"date":"2017-06-19T00:00:00","date_gmt":"2017-06-19T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/realtors-predict-highest-price-hikes-in-west\/"},"modified":"2017-06-19T00:00:00","modified_gmt":"2017-06-19T00:00:00","slug":"realtors-predict-highest-price-hikes-in-west","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/realtors-predict-highest-price-hikes-in-west\/","title":{"rendered":"REALTORS\u00ae Predict Highest Price Hikes in West"},"content":{"rendered":"

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REALTORS\u00ae believe home prices will continue to escalate, particularly in the western region of the U.S.<\/p>\n

REALTORS\u00ae expect the median price change in 10 western states\u2014led by Washington, Utah, and Colorado\u2014to increase between 5 percent and 7 percent over the next 12 months, according to April’s\u00a0 REALTORS\u00ae Confidence Index, which is based on survey responses from more than 3,400 REALTORS\u00ae. That area gets the highest prediction in the country. Meanwhile, REALTORS\u00ae expect\u00a0 lower price increases in oil-producing states such as Texas: 2 percent to 3 percent over the next 12 months, according to the report.<\/p>\n

Overall, REALTORS\u00ae are more optimistic about price increases this year than last. In 39 states, the expected home price change over the next 12 months is higher than the expected price change from one year ago.<\/p>\n

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REALTORS\u00ae also report more competitiveness in their markets due to low inventory. Buyers are having to make stronger offers<\/a>, too. Forty-five percent of properties sold at or above the original listing<\/a> price, up from 41 percent a year ago, according to the report.<\/p>\n

\u2014REALTOR\u00ae Magazine<\/em><\/p>\n<\/div>\n<\/div>\n

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 Realtors.org <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] REALTORS\u00ae believe home prices will continue to escalate, particularly in the western region of the … REALTORS\u00ae Predict Highest Price Hikes in West<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5011,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[12908,543,2886,41,818,479,693],"class_list":["post-5010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-home","tag-home-buying-guide","tag-optimistic","tag-property","tag-real","tag-realtor","tag-realtors"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1503,"url":"https:\/\/amazingproperty.com.ng\/blog\/home-price-expectations-by-state\/","url_meta":{"origin":5010,"position":0},"title":"Home Price Expectations By State","author":"Amazing Property","date":"March 2, 2017","format":false,"excerpt":"[ad_1] REALTORS\u00ae expect modest price gains in home values over the next year. The median expected increase in home prices across the country is 3.5 percent, according to the REALTORS\u00ae Confidence Index January 2017 survey, based on the responses of more than 3,800 REALTORS\u00ae across the country. Read more: Home\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Realtors_price%20changes.png?fit=496%2C377&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6435,"url":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-pros-say-prices-to-continue-to-escalate\/","url_meta":{"origin":5010,"position":1},"title":"Real Estate Pros Say Prices to Continue to Escalate","author":"Amazing Property","date":"September 28, 2017","format":false,"excerpt":"Home prices likely will continue to rise over the next year as buyer demand continues to outstrip supply in many markets, according to the August 2017 REALTORS\u00ae Confidence Index.\u00a0 Read more: Fewer New Homes in Pipeline Pushes Up Prices That bodes well for homeowners, but buyers are likely going to\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"NAR-price-expectations.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/NAR%20price%20expectations.jpg?fit=696%2C501&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/NAR%20price%20expectations.jpg?fit=696%2C501&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/NAR%20price%20expectations.jpg?fit=696%2C501&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7974,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-market-starts-2018-on-positive-note\/","url_meta":{"origin":5010,"position":2},"title":"Housing Market Starts 2018 on Positive Note","author":"Amazing Property","date":"January 31, 2018","format":false,"excerpt":"Contract signings on home sales rose slightly in December, reaching their highest level since last March, the National Association of REALTORS\u00ae reported Wednesday. NAR\u2019s Pending Home Sales Index, a forward-looking indicator based on contract signings, moved 0.5 percent higher to a reading of 110.1 last month, 0.5 percent higher than\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Jan18 Dn Phsinfographic.jpeg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/jan18_DN_PHSInfographic.jpeg?fit=640%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/jan18_DN_PHSInfographic.jpeg?fit=640%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/jan18_DN_PHSInfographic.jpeg?fit=640%2C683&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3869,"url":"https:\/\/amazingproperty.com.ng\/blog\/urgency-increases-for-first-time-buyers\/","url_meta":{"origin":5010,"position":3},"title":"Urgency Increases for First-Time Buyers","author":"Amazing Property","date":"April 26, 2017","format":false,"excerpt":"New buyers are gradually increasing their stake in the housing market. 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