Buying a house can be stressful if you don’t have any idea about how the real estate industry works. So do your research and take advice from the experts. Ask questions like, “What type of house my family would prefer? Does the environment matter? Can I afford it?” The point is, before deciding to buy that house, understand that there are more important things to consider.

Among these things, deciding about the cost is one of the most crucial. Often, first-time buyers tend to get so excited that they forgot to consider whether it’s good to loan for an expensive property or settle for a cheaper yet convenient one. The following infographic from eMoov looks at the house price forecast for 2017.

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House Price Forecast 2017

 

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Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.