Friday, January 20, 2023

What’s Really Happening with Home Prices? [INFOGRAPHIC]

 Infographic Courtesy of Keeping Current Matters/The KCM Blog

 

Some Highlights

  • If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
  • While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
  • Reach out to a real estate professional to find out how much equity you have in your current home and how you can use it to fuel your next purchase.

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