Coldwell Banker C&C Properties - CA Blog
We recently shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market.As a seller, you will likely be most concerned about 'short-term price' – where home values are headed over the next six months. As a buyer, however, you must not be concerned about price, but instead about the 'long-term cost' of the home.The...
Dec 13, 2017
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Buying a Home
Nov 10, 2017
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Buying a Home
Net Worth of Homeowners 44X Greater than RentersEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago.The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 toda...
Oct 12, 2017
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Buying a Home