What is your 2015 - 2020 Real Estate Market forecast?
1. Do you believe that the appreciation we have seen in the past (1990 - 2010) will continue in the future (2010 - 2030)? For example, markets that tripled in value like the LA market ($250k median home price to $750k) will continue to appreciate in double digit %.
2. Do you believe the real estate markets will start to decouple in 2015? Some under valued markets like Dallas will see a unprecedented sustainable 7-9% appreciation while an over valued market like the Bay Area / OC / LA will see either 1-2% appreciation, or possibly negative numbers in the years ahead while other RE markets will not see appreciate at all.
What are your thoughts?