Realtors Expect Home Prices to Fall

The cost of houses is expected to decline in the next few years. Although prices may remain the same or increase a bit, with inflation factored in, the cost of houses will still be less that what it is now in the next two years. People effected will include those who own their own home, those you are looking to buy or sell, and those that buy and sell homes quickly to turn a profit. The value of real estate typically rises, ther drop may have adverse effects on people in the market. Real Estate agencies may also see a difference in their business. Although prices may temporarily decrease, it does not seem to have any long term consequences for the market.