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Factors that could influence residential home prices across the United…
Factors that could influence residential home prices across the United States over the next decade?
Location
Market
Where market Already Exist
Where market is Future proposal
Empolyment
Location which generates the employment ,
Outside the City
If the Location is outside the city and the Transport facility and infrastructure is Planned to be Good in Future.
Home Prices Infulence to Increase
If the Location is outside the city and the Transport facility and infrastructure is not Planned to be Good in Future.
Home Prices Tend to Decrease
Capital region
Capital region is most importent location for any counrty and is always a desire place to live of any one , this influence to increase in home prices
The Economy
If GDP of US is decrease
Home Prces tend to Decrease
If GDP of US is increase
Home Prces tend to Increase
Mortgage Interest rates
The Lower interest rates
It Increase the Demand of House
It Influence to rise in the House Prices
the HIgher interest rates
It Influence to Decrese the House Demand
It Influence to Decrese in the House Prices
Supply and Demand
Where the Demand is High in future with relation to Location , Economy, Goverment Laws
If Supply is low
This influence the increase in House prices
Where the Demand is Low in future with relation to Location , Economy, Goverment Laws
If Supply is high
This influence the Decrease in House prices
Government laws
Goverment can Increase the Tariff on Building Materials
Goverment Can restrict to Build the more house in particular Region
imposing tariffs on foreign supplies Bouilding Materials
Immigration Law alos Influence in House Prices
Mortgage Interest rates