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Housing Market

My Predictions for the Real Estate Market in 2018

March 5, 2018byBrent Rasmussen, CMC, CRMS, CDLP, CVLS, CMA inHousing Market

Home Prices Will Continue to Surge – Depending on the source, home prices shot up nearly 7% last year. Experts are expecting home prices to go up another 4.4% by the end of 2018. This is great news for homeowners!

Low Inventory Will Continue to Be an Issue– Although new builds are up, the price points of these new homes aren’t typically where the majority of the need lies. According to Trulia, only 6% of homeowners are planning to sell in 2018.

Mortgage Rates Will Hover Around 4-5%– We’re still in great shape with historically low mortgage interest rates. I expect some small fluctuations throughout the year, but I believe we’ll close 2018 at around the same place.

Brent Rasmussen, CMC, CRMS, CDLP, CVLS, CMA

Brent Rasmussen, the owner of Mortgage Specialists, is sole Mortgage Loan Originator in the United States to hold all 5 lending certifications (CRMS, CMC, CDLP, CVLS, CMA), distinguishing him as one of the most highly qualified experts in the field of home lending.

Having acquired decades of experience in mortgage lending, Brent is adept at educating his clients on the various mortgage options available, treating it as an investment and saving them both time and money. His objective is to simplify the process and make it stress-free, and he takes pride in his unwavering commitment to excellence.

Brent places great importance on education in mortgage lending. For the past 20 years, he has been licensed to instruct continuing education courses for both REALTORS® and Mortgage Loan Originators locally and nationally. In addition, he works as an adjunct instructor at the University of Nebraska at Omaha and owns MORE Education, LLC.

Brent has served as the President of several organizations, non-profits, and boards within his local community and nationally, demonstrating his commitment to making a positive impact.