Is Buying A House A Good Investment 2017 May 2026

For years, homebuyers enjoyed historically low mortgage rates, but that tide is turning. Rates reached as low as , but experts at Realtor.com and the NAR predict they will climb toward 4.5% to 4.6% by the end of 2017.

The biggest challenge for buyers in 2017 isn't just price—it's availability. Inventory is down approximately in major metros. Builders are only producing new homes at about 60% of their historical rates , leading to a serious shortage of "starter homes". is buying a house a good investment 2017

Homes are selling faster than last year, with the median age of inventory at just 68 days . 3. Price Appreciation is Slowing (But Not Stopping) Inventory is down approximately in major metros

Despite these hurdles, experts from Forbes and Rocket Mortgage argue that buying a home remains a sound long-term strategy for several reasons: 2017 remains a strong seller's market.

With high demand and low supply, 2017 remains a strong seller's market.