via Zillow Real Estate Research
In 2012, the national housing market finally turned a corner. We’ve now experienced 13 straight months of home value appreciation. Sales were up significantly over 2011 as buyers returned to the market, boosting demand.
So what will 2013 have in store? Here are five things … Read the rest
via Zillow Real Estate Research
U.S. homes are expected to gain more than $1.3 trillion in cumulative value in 2012, the first annual gain in six years and the largest since 2005.
More than 75 percent of the 177 metro areas included in this analysis – 135 in all – … Read the rest
via Zillow Real Estate Research
Zillow’s November Real Estate Market Reports, released today, show that national home values rose 0.6% from October to November to $156,200 (Figure 1). November 2012 marks the 13th consecutive month of home value appreciation. On a year-over-year basis, home values were up by … Read the rest
As reported in the Philadelphia Inquirer:
For the first time in four years, Chester County commissioners voted today to increase real estate taxes.
Taxes in 2013 will rise 5 percent, by $32.86 for a home with a median assessed value of $165,760, according to a county news release. Under the
… Read the rest
via Zillow Real Estate Research
On Wednesday December 26th, the Case-Shiller Composite Home Price Indices for October will be released. Zillow predicts that the 20-City Composite Home Price Index (non-seasonally adjusted [NSA]) will be up by 4.1 percent on a year-over-year basis, while the 10-City Composite Home Price Index (NSA) … Read the rest
via Zillow Real Estate Research
Using ZIP-code level data, economists from the USDA\Economic Research Service and West Virginia University are studying the effects of unconventional natural gas development on property values. Specifically, they are researching how the values of different types of residential properties evolve during the anticipation, development, and … Read the rest
Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you’ll be able to make repairs before open houses begin.