Buying a new home in Sedona AZ? 8 important things you need to do:
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Buying a new home in Sedona AZ? Here are 8 important things you need to do:
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Sedona/Verde Life Community Blog
4 Reasons to buy a home this winter
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Here are four great reasons to consider buying a home today instead of waiting.
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How Much Has Your Home Increased in Value?
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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
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.
Cost of a Mortgage through the Decades
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It costs less to own a home now than in the past… Check out this infographic for some shocking info!
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5 Real Estate Realty TV Myths Busted!
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Real Estate Realty TV Myths Busted! When you’re in the middle of your real estate themed show marathon, you might start to think that everything you see on TV must be how it works in real life, but you may need a reality check.
Read MoreShould you buy now or wait?
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Are you a first time home buyer or a move up buyer wondering whether you should buy now? What is the cost of waiting? Watch now to find out…
Read MoreLuxury Home Shopping? Now is the time to buy!
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The inventory of homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer or can be found at a discount.
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Prices: A matter of supply & demand
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Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy.
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