Recently more numbers and predictions have been released from sites like Zillow, supporting the idea that property values are going to continue to rise. Pictured above is a graph showing the estimated rise in property values based on surveys of 100 economists. With an expected 4.6% rise in home prices in 2013, this is undoubtably the time to buy and sell.
This may seem confusing, but for buyers your property is expected to jump in value and steadily rise in the coming years, while sellers have the opportune moment to put their home on the market, with such low inventory (we know, we sound like a broken record). If you're looking to sell quickly, things are flying off the market these days, and if you're looking for a good longterm investment, buying is the right thing to do in this economy.
Event from October to November home value increased by .6%. This is the 13th consecutive month of home appreciation, a positive sign of the recovering real estate market!
Social Links Footer