What's my home worth?
Which Homes Have Increased in Value the Most?
October 03, 2017
CoreLogic broke appreciation down ever further into four price ranges which gives a more detailed view than simply looking at the year-over-year increases of the national median home price.
The chart below shows the four tiers and each one’s growth from July 2016 to July 2017 (the latest data available).
It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor in determining how much it has appreciated over the course of the last year. Lower priced homes have appreciated at greater rates than homes at the upper ends of the spectrum, due to demand from first-time home buyers and baby boomers looking to downsize.
If you are planning on listing your home for sale in today’s market,contact your agent who can explain exactly what’s going on in your area and your price range.
Top 5 Reasons You Shouldn’t FSBO
June 19, 2018
Days on The Market Drops to New Low in April
June 12, 2018
4 Reasons Why Summer Is a Great Time to Buy a Home!
June 05, 2018
Will Home Prices Fall as Mortgage Rates Rise?
June 01, 2018