Great news! Home values continue to rise! Many homeowners are finally feeling some relief as they no longer have an underwater mortgage. This has caused many homeowners to begin looking for the larger home they've been wanting and patiently waiting for. Sales are still down a bit as inventory for homes is still rather low but it's not affecting the up-tick in prices.
Below is a chart showing the increase in the average home values in the north valley. The median home value has increased 17.83% over the last 12 months and 1.93% just over the last month.
If your curious what your home is worth contact me for a free market analysis. I promise I won't pressure you to buy or sell a home. The best time to buy is entirely up to you.
No comments:
Post a Comment