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What home buyers can expect in 2018: Pay more and get less

Source: Ilyce Glink & Samuel J. Tamkin, Washington Post (Paid Registration)

It has been a rough couple of years for home buyers. At the beginning of 2016, we said, “Be prepared to see higher prices and fewer homes on the market.” At the beginning of 2017, we said, “Expect to see more of the same.”

And now, as we enter 2018, the news may be even worse for home buyers. Housing economists are predicting even fewer homes will be listed for sale, and not enough new homes will be built to satisfy demand, which means home prices will skyrocket further, putting incredible pressure on home buyers.

Read Full Article: What home buyers can expect in 2018: Pay more and get less


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