What’s Really Happening with Home Prices?
By Christophe Choo Posted Jan 20, 2023 Beverly Hills, Latest Updates, Market Activity, Real Estate Articles, Real Estate News, Shared Recommended Articles, What I'm Reading
What’s Really Happening with Home Prices? | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert
- 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%.
- Let’s connect to find out how much equity you have in your current home and how you can use it to fuel your next purchase.