Housing Market Forecasted to Grow, Says Zillow CEO Spencer Rascoff
The CEO of Zillow has a wealth of information, running the largest real estate site on the web. With this data he has recently given a forecast, in an interview with Bloomberg, of a 2% average increase in the housing prices across the US with some regions increasing as much as 10% year over year. This recovery is a good thing for prospective home buyers but it does mean that you need to act quickly and acquire a home so that your home will become an investment as prices continue to increase.
If you can’t currently get financing for a home you may want to consider rent to own as a creative way to purchase real estate that will allow you secure a residence without having to wait until your credit is fixed. Check out the interesting video below of the interview with Spencer Rascoff on Bloomberg and be sure to search our database of rent to own homes.