Which Homes Have Appreciated the Most? Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic’s most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.
The CoreLogic report broke down appreciation even further into four different price categories:
- Lower Priced Homes: priced at 75% or less of the median
- Low-to-Middle Priced Homes: priced between 75-100% of the median
- Middle-to-Moderate Priced Homes: priced between 100-125% of the median
- High Price Homes: priced greater than 125% of the median
Here is how each category did in 2016:
Bottom Line
The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.
How to Navigate The Short Sale Process
How to Navigate the Short Sale Process on Prezi
Making Changes….Is A Short Sale Right For You?
It's just 4 walls... Sometimes the toughest things in life are making changes, big changes that will cause great change in your daily life as well as your families life. I'm talking to anyone that is a homeowner and is confused, scared, just plain struggling...
Bank of America HAFA Guideline Changes for June 1, 2012
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Owe IRS Taxes? IRS Lowers Restrictions for Offer In Compromise (OIC)
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California NOD Filings Down to 2007 Levels First Half of 2012
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Fannie and Freddie Accelerating Short Sale Approvals
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DeMarco leaning towards NO Principal Forgiveness on Fannie or Freddie Loan Modifications…Strategic Modifiers?
The Numbers are out. Short Sales up 12% in 2011…
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California Short Sales Down…Equity Sales Up!
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HARP 2.0 is Here! Do you Qualify? Or is a Short Sale the Answer?
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