Don’t worry too much about the doom and gloom predictions you hear about the nation’s real estate market: home value prices are dropping, the bubble is bursting, housing’s not selling, etc. If there aren’t enough recent sales, look at listing prices, but remember they might not be realistic. Enter your address, or any other home address for an official property report containing records on property value, details, owners, taxes, mortgages, sales history and more.
For example, Arizona’s median home value increased from well below the national median in 1940 to above it by 1980 and remained above the national level in 2000. The six county region’s median price hit $533,000, a 2.5% bump from September 2018, according to CoreLogic data provided by DQNews.
The NAR also said last year’s revamp of the U.S. tax code, which reduced the amount of mortgage interest payments homeowners could deduct, was weighing on demand for homes priced at $1 million and above. Interest rates have really brought a lot of buyers out of the woodwork,â€ said real estate agent Joe Manjarrez with Century 21 Realty Masters.
Nationwide, HUD established a minimum limit, or floor, based on 95 percent of the U.S. median purchase price for new construction for nonmetropolitan areas. U.S. Census figures show that while Southern California homeownership rates increased 2% from 2011 through 2017, the number of renter households increased three times faster, jumping 6%.
Anywhere with job opportunities, low cost of living and housing, and high incomes is bound to be a popular relocation spot for many, which again will help keep home value averages and the real estate market pretty steady in Nebraska. While this site was created to help homeowner’s advertise and market their own homes in lieu of a realtor, it offers several tools any homeowner can benefit from as well.