How Much More Equity In Your Home Over the Last Year?
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, national home prices have increased by 6.7% year-over-year. The question: How Much More Equity In Your Home Over the Last Year?
CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.
The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from February 2017 to February 2018 (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 that determines how much your home 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.
Bottom Line
If you are planning to list your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.
Call Us Now To Sell Your Home…
Office: 909.985.9392 or Text Us: 714.657.6634
How’s The Real Estate Market? Read What The Experts Are Saying
How’s The Real Estate Market? Read What The Experts Are Saying: “I am guessing we will see it get even better… If you are considering moving, it could be a
More Families Chose to Own a Home Than Rent in Q1
More Families Chose to Own a Home Than Rent in Q1. This marks the first time since 2006 that the number of new homeowner households outpaced the number of
When Is A Good Time To Rent A Home or Apartment?
When Is A Good Time To Rent A Home or Apartment? Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.
5 Reasons Why You Should Use a REALTOR When Buying and Selling A Home
5 Reasons Why You Should Use a REALTOR When Buying and Selling A Home in your corner haven’t changed, but have rather been strengthened by the projections..
Why Americans Consider Moving To Another State
Why Americans Consider Moving To Another State. 41% would move for a “better job opportunity.” Being closer to loved ones filled out 3 of the top 6 reasons
Housing Shortage? The Answer is New Construction
Housing Shortage? The Answer is New Construction. A normal market would see a six-month supply of homes for sale. Currently, that number is below four…
We’re Influencing California State Legislation and Housing Affordability
We’re Influencing California State Legislation and Housing Affordability. It’s all about housing affordability in California. We along with 2,498 fellow…
4 Tips To Get Your Purchase Offer Accepted
4 Tips To Get Your Purchase Offer Accepted. So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market…
A Millennial’s Guide to Homeownership – FREE Download
A Millennial’s Guide to Homeownership. If you’re one of the millions of Millennials who’s seen their peers begin to buy homes recently and are wondering…
What You Need to Know About Qualifying for a Mortgage
What You Need to Know About Qualifying for a Mortgage. Many buyers are purchasing a home with a down payment as little as 3%.
Inventory Shortages Are Slowing Down the Market
Inventory Shortages Are Slowing Down the Market. It seems that 2017 will be the year that the housing market races forward again.
Is the Current Pace of Home Sales Maintainable?
Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we…
Homes are Selling Fast Across the Country
Homes are Selling Fast Across the Country. Homes sold in 60 days or less in 36 out of 50 states, and Washington D.C.
Kris and Kim Darney: Meet Our Raving Fans [Testimonials]
Kris and Kim Darney: Meet Our Raving Fans [Testimonials]
We are so blessed to have wonderful families and friends as REALTORS®. Sometimes we just have to say WOW! The families we’ve come to know and love through our time in real estate is the most rewarding part of our careers.
![Slaying Home Buying Myths [INFOGRAPHIC]](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img,w_400,h_250/https://shortsalesellit.com/wp-content/uploads/2017/04/20170421-Share-400x250.jpg)
Slaying Home Buying Myths [INFOGRAPHIC]
Interest rates are still below historic numbers.
Tax Return Depressing? Owning a Home Could Help
Tax Return Depressing? Owning a Home Could Help
US Housing Market Continues Move into ‘Buy Territory’!
US Housing Market Continues Move into ‘Buy Territory’! The index examines the entire US housing market and then isolates 23 major cities for comparison.
Housing Inventory is Down! Now is the time to Sell
If you thought about selling your house this year, now may be the time to do it.