Financial Fundamentals for Homebuyers [INFOGRAPHIC]Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From
Whats The Median Home Value In Your State
Dated: June 27 2018
Views: 135
What’s the Median Home Value in Your State?
If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located.
In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates at the same rate. The map below demonstrates that point on a state-by-statebasis using data from the National Association of Realtors.
Demand often dictates value, even for houses in the same area of the country! High demand for starter and trade-up homes have driven prices up in these categories by nearly 10% over the past year, while those in the premium markets have appreciated at closer to 6%.
Bottom Line
If you are debating whether or not to buy and/or sell a home this year, let’s get together to help you figure out exactly what’s going on in our market.
Jennifer Dorn
Jennifer Dorn is an Associate Broker with Berkshire Hathaway HomeServices Select Realty (BHHS Select Realty) and served as the Managing Broker for both Realty World Select (RWS) and BHHS Select Realty....
Latest Blog Posts
Financial Fundamentals for Homebuyers [INFOGRAPHIC]Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From
What Experts Are Saying about the 2021 Job MarketEarlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy
What Experts Are Saying about the 2021 Job MarketEarlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy
© BRIGHT, All Rights Reserved
Copyright © 2021, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Berkshire Hathaway HomeServices Select Realty
