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, in their 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:
The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.
Author:Sarah Clardy Phone: 573-353-1621 Dated: March 19th 2017 Views: 1,492 About Sarah: ...
Welcome to the Key Choice Realty Team! We work harder than anyone to ensure your plan to buy or sell real estate in the Jefferson City area is carried out smoothly and with expert precision. We especially enjoy bringing new people to beautiful, historic Jefferson City, Missouri and to the vibrant communities surrounding us. We believe the home buying and selling process should be fun, and that owning a home will be a blessing to you and your family. We're on the cutting edge of new technology that's revolutionizing the real estate business. We offer our state-of-the-art website, interactive home search tools, social media marketing, and your own mobile app! Please take advantage of our chat support team while you are here, or call us at 573-634-4249 day or evening to get your home buying and selling processes underway, today!!
Every homeowner wants to make sure they get the best price when sellin
"Jeff went above and beyond to find us the exact house we were looking for. He worked tirelessly checking out listings, contacting me practically every day with any updates. Jeff acted as though we were his only client even though I know he had other people he was working with at the same time. He showed us many houses in different areas of the city. Jeff listened to all we had to say and remembered everything. He is a fantastic realtor! "