The Wheeler Group, Inc.

The analytics company founded by housing authority Robert Shiller, MacroMarkets LLC, has polled a group of 92 housing market experts. The consensus of opinion is that the single family housing market will begin wide-spread recovery in 2011.

This group predicts that housing prices will rise 12% between 2010 and 2014. There is anticipated to be a bit of a downward pull on housing prices during 2010 prior to the sustained upswing.

There was a difference of opinion among the experts. Some believe that housing prices will rebound vigorously by up to a 37% price hike over the next 4 years. More than one expert, however, expect to see significant price declines over the next 4 years.

If the average expectations of these experts come to pass there will be appreciation in the value of the nation’s housing stock that will equal $2.1 trillion in less than 5 years.

RE.WealthCoach.com

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