I predict 17.6% increase median home year over year, with median SFR price of $294,000.Anyone wanna bet?

“As we predicted last month, California’s statewide median home price broke the previous pre-recession peak set in May 2007 and hit another high as tight supply conditions continued to pour fuel on the price appreciation fire,” said C.A.R.

Coupled with migration data from the ACS, this can be a very powerful dataset to use when attempting to predict future housing prices, vacancy, and absorption rates.Federal Bureau of Investigation: Uniform Crime Reporting (UCR)The Uniform Crime Reporting (UCR) program compiles official data on crime in the United States, published by the Federal Bureau of Investigation (FBI).

Ever since the stock markets rallied since 2009, I have seen people predict market crash.

And freddie and fannie obviously joined the party, leading to the ultimate (and predictable) meltdown.

Of course there are other variables like cost and procedure for site plan or use approvals in that area that I can't predict, but assuming it's a conforming use and approvals are easy enough, just construction costs for the tenant type I can throw out a ballpark for you.

Buying and predicting what the area will be like 20 years down the road is the number 1 rule.2. 

My prediction is that taxes in the future will be significantly higher and real estate investors will be hit hard. 

its funny how regional the answers are.. but right now and I know this is an old thread.. but right now new construction is far better than fixers.. for this reason.1. everybody and their brother is chasing fixers.. and prices are high margins thin 2. there is extreme liquidity in the fix and flip mortgage market.in our markets that I work mainly  building new homes is far easier less competitive and more profitable.. and way more predictable  @J Scott  wondering if you have pivoted into new construction in a bigger way or still working flips.So for land there is much less liquidity for lenders doing new construction so all the late night TV folks and or smaller beginners are not going to find it easy to get a TRUE construction loan.. were as a beginner can usually get a flip loan no problem.. its loosening a little but lenders for new construction are not taking on new beginners or very limited experience generally speakingI like the fact that there are far less surprises you have a plan.. you have bids you have a budget and we pretty much hit the numbers most times.. way less surprises.. and the absolute game changer is the sub base is far and away more qualified and professional than working with low end rehab contractors that are so frustrating.. as well as under capitalized cant buy their own materials have no credit etc etc..  

Though it is nice and can be somewhat predictive, it is still a form of speculation.