Which Homes Have Increased in Value the Most?

    Blog   Use the buttons below to share with your Personalized Posts profile...                 Which Homes Have Increased in Value the Most? Which Homes Have Increased in Value the Most? | MyKCM 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 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year.  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).  Which Homes Have Increased in Value the Most? | MyKCM  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.  Bottom Line If you are planning on listing 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.

    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 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year.

    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).

    Blog Use the buttons below to share with your Personalized Posts profile... Which Homes Have Increased in Value the Most? Which Homes Have Increased in Value the Most? | MyKCM 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 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year. 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). Which Homes Have Increased in Value the Most? | MyKCM 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. Bottom Line If you are planning on listing 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.

    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.

    Bottom Line

    If you are planning on listing 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.

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    Jordan Forney

    Jordan is a recent graduate of Lenoir-Rhyne University where he received his BA in Multimedia Communications while also playing football all four years that he was enrolled. Jordan has experience in writing and photography from his time working for the school newspaper, Lenoir-Rhyne News (LRN). He also has marketing experience with WLRZ 99.3 where Jordan produced and aired PSAs and was in charge of marketing with the social media accounts. He was a part of the marketing team for the Lenoir Oiler's baseball team as well where he had a lot of the same responsibilities. Now Jordan works at Rinehart Realty where he is increasing his experience by posting blogs, maintaining social media accounts, and working directly under the Director of Marketing.

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