Case-Shiller’s National Home Price Index showed little change in April as home prices rose by 0.10 percent to a year-over-year average of 4.70 percent. The 20-City Home Price Index showed corresponding home price growth of 0.10 percent to 4.00 percent year-over-year. Ongoing influences on home price growth before the coronavirus pandemic included short supplies of available homes coupled with high demand for homes and low mortgage rates. While closures and shelter-at-home restrictions in … [Read more...]
How to Determine the Price of Your Home for Sale
Many people rely on the price they paid for their home as a starting point for selling, but with the ever-shifting tides of the real estate market, the price paid is not always the best metric to go by. If you're putting your home up for sale and are looking for the ideal price point, here are some ways you can arrive at a number that will keep potential buyers interested. Check Out Your Neighborhood Your house may have a lot of different features than the homes of your neighbors, but checking … [Read more...]