Real Estate Prices in Mammoth Lakes
Are you curious about changes to the real estate market in Mammoth Lakes? We were. That’s why we investigated the projected changes to home prices around the country. What will happen to real estate prices in Mammoth Lakes? The short answer is that real estate prices in Mammoth Lakes, like the rest of the country, are expected to increase in 2013 and the following years. In her article for DSNews.com, Krista Brock looked into clues for what the future holds. Brock states that experts “expect prices to end this year 5.4 percent higher than their level at the start of the year.” Although real estate prices in Mammoth Lakes – and the Mammoth Lakes real estate market in general – tends to trail behind the rest of California by a few months, we can still expect prices to change. We don’t know for certain how much increase we can see for real estate prices in Mammoth Lakes, but we do expect an increase. In that same article, Brock wrote that a “cumulative rise of 22.3 percent is forecasted through 2017, according to Zillow’s survey.” This is great news for both buyers and sellers today! Real estate prices in Mammoth Lakes are expected to change in the future. That means that right now might be the right time to consider buying or selling quickly. Although there are no guarantees for how real estate prices in Mammoth Lakes might change over the next few years, right now could be a great opportunity for both buyers and sellers.