Past, Present & Future Home Values

    house on quarters

    In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months.

    Here are state maps for each category:

    The Past – home appreciation over the last 12 months

    Appreciation 2015-2016

    The Present – home appreciation over the last month

    Appreciation Last Month

    The Future – home appreciation projected over the next 12 months

    Appreciation Next 12 Months

    Bottom Line

    Homes across the country are appreciating at different rates. The rate of home price appreciation across the country is due to a strong housing market reacting to supply and demand, not a new housing bubble.

    If you plan on relocating to another state, and are waiting for your home to appreciate more, you need to know that the home you will buy in another state may be appreciating even faster.

    Meet with a local real estate professional who can guide you through the next steps and help you decide what’s right for you.

    National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. They specialize in Morris, Somerset, Essex, Union and Passaic counties.

    www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

    Trackback from your site.

    Leave a Reply