Slowing Home Price Appreciation

Slowing Home Price Appreciation

No real surprise here – after a sharp bounce back off the bottom, particularly in core markets, home prices appear to be leveling off. Overall, this is probably not bad news, indicating that housing could be entering a period of stability after some volatility over the past few years. The spillover effect of this leveling on the land market could mean a stabilization in land prices, as well, which have been somewhat of a moving target so far during this recovery. \

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Michael Anderson
Michael Anderson 247 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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