2014 Predictions for Glendale CA Real Estate

WHAT WILL 2014 BRINGWell, where have we been?

SO THAT MEANS, IN 2014…

2104, the year of growth

HOW WILL WE GROW?

PRICES HAVE RISEN JUST ENOUGH

Move Up and Move Down buyers can now afford to sell and move

THE MILLENNIALS ARE BUYING

An estimated 1.5 MILLION will form new households over the next three years. Some will rent, but….

MANY WILL JUST BUYBecause, these kids are smart and they know….

BUY NOW OR WAIT?

GOVERNMENT WILL STOP BUYING BONDSTherefore interest rates will go up

INTEREST RATES GO UP, PRICES COME DOWN,

RIGHT?Wrong

HISTORY SHOWS US A DIFFERENT PATTERN

4 different times when interest rates went up, significantly, prices also went up

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