Many homeowners, potential qualified buyers, etc, believe they know what a particular house, is worth, but, often, either, over, or under – estimate, its actual VALUE! Consumers and analysts monitor home sale prices as an indicator of both the region’s economic health as well as housing affordability. Constrained housing supply – and booming demand due to regional job growth – has sent home prices soaring. The National Association of Realtors predicted price declines, with the heaviest hits in high-cost coastal markets where the new SALT limit would hit owners hardest.
The study analyzed housing data from Zillow and controlled for …