Imlay City MI | How Much Has Your Home Increased In Value
Team Success Listing LLC
Most real estate brokers and agents don’t really have all the tools needed to provide 100% selling services to sellers that need to sell their homes in Imlay City at a fair price.
Today, we would like to talk to you about “How Much Has Your Home Increased In Value.”
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-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 July 2017 to July 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 which 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
Are you considering selling your home? If you are, we would love to meet with you soon to show you what comparable properties have recently sold for, give you an estimate of your home’s current market value and review with you our marketing program.
Source … KCM Donald Horne Blog
To show our commitment to our clients, we will utilize the latest technology, know-how and information allowing us to bring you the best and highest offer for your house.
To connect with us directly, please call 810-338-0628 or via email: teamsuccesslisting@gmail.com
Donald Horne, Broker / Owner | Team Success Listing LLC
810-338-0628 | teamsuccesslisting@gmail.com
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