How Million Dollar Homes appreciate in Maryland?

 

Yes, you can find just about anywhere Million Dollar Homes in the Internet, but did you know that most real estate brokers and agents don’t really have all the tools needed to provide 100% assurance services to their clients that they are integrated fully with all the data on the MLS and beyond.

Yes, you can search on your own and hope that you are accessing all the luxury homes for sale at any given time...but in order for you to take advantage of all the data surrounding your real estate needs, You must seek the right services from the right broker. A professional that will provide value by customised innovation towards your real estate needs.

 

Today, I would like to talk to you about How Million Dollar Homes appreciate.

 

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

 

The CoreLogic report broke down appreciation even further into four different price categories:

 

  1. Lower Priced Homes: priced at 75% or less of the median
  2. Low-to-Middle Priced Homes: priced between 75-100% of the median
  3. Middle-to-Moderate Priced Homes: priced between 100-125% of the median
  4. High Price Homes: priced greater than 125% of the median

 

Here is how each category did in 2016:

Bottom Line

The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.

 

Below are some questions I want to ask you  before your first step when looking for a home....

Do you  have time to research the residential housing market?

Do you  have the knowledge to integrate and understand the information available in the Internet?

Can you  integrate the information available on the real estate Internet sites into useful data that can help you  accomplish your goal of home ownership?

Do you have the expertise to negotiate on your own?

 

MARYLAND LATEST LISTINGS

 

The answer to these questions will be key to the success of your home search

To reach us, please call 301-246-0001

Or send us an email to info@reallynicehomes.com

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.