Homeowners Do You Know Your Homes Value

Homeowners Do You Know Your Homes Value

Homeowners: Do You Know Your Home's Value?

Homeowners: Do You Know Your Home’s Value? | MyKCM

The latest edition ofCoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over the last year and 0.9% month-over-month. The release of the report included this headline,

“National Home Prices Now 50% Above March 2011 Bottom”

The real estate market has come a long way since 2011, which is great news for homeowners!

Nearly 79% of homeowners with a mortgage in the US now have significant equity in their homes(defined as over 20%), according to the latestEquity Report. The challenge is that not every homeowner knows how much their home’s value has appreciated.

Homeowners in Denver, CO lead the way with 8.7% appreciation over the last year, while owners in Washington and Utah have experienced a 3% increase in values since the start of this year!

Nationally,CoreLogic forecasts that home values will increase another 5.0% by this time next year.

Bill Banfield,VP of Capital Markets at Quicken Loans, recentlyexplained the importance of knowing the conditions in your area,

“With home values constantly changing, and the rates of change varying across the country, this is one more way to show how important it is for homeowners to stay aware of their local housing market.”

Bottom Line

Do you know what your house is worth? Have you stayed put because you are nervous you won’t have enough equity to buy your dream home? Let’s get together to perform an equity analysis and give you the freedom to achieve your dreams.


Susan Kline Headshot
Author:
Phone: 818-642-8620
Dated: September 6th 2017
Views: 56
About Susan: My commitment to you as your realtor I’ve been a successful realtor for 13 years, earning the...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

RE/MAX of Santa Clarita
28620 Vineyard Lane
Castaic, CA
818-721-9052
661-702-4505

Other Locations