Key Forecast Takeaways:

    • Tax reform hurts high priced markets… but not as much as originally planned.
    • The national housing market is dramatically under supplied,and it continues.
    • The national housing market is heading toward over valuation, but housing values are nowhere near Yr. 2005/06 risk levels.
    • The surge in the remodeling/renovation market will continue.
    • Rising mortgage rates will contribute to severe over valuation in many markets.
    • Overall, the cycle is in the top of the 7th inning…