The Roselli Team - Your Real Estate Experts

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible   equity gains   for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market   isn’t a bubble   about to burst, and home price growth is supported by strong market fundamentals. To understand why price declines are unlikely, it’s important to explore what caused home prices to rise so much recently, and where experts say home prices are headed. Here’s what you need to know. Home Prices Rose Significantly in Recent Years The graph below uses the latest data from   CoreLogic   to illustrate the rise in home prices over the past year and a half. The gray bars represent the dramatic increase in the rate of home price appreciation in 2021. The blue bars show home prices are still rising in 2022, but not as quickly: You might be asking:   why did home prices climb so much last year?   It’s because there were more buyers t

Click Here For Video! Click Here For Video! Click Here For Video! Click Here For Video! Some Highlights According to the latest   data   from   CoreLogic , the average homeowner gained $64,000 in   home equity   over the past 12 months. That much   equity   can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your   next home . To find out how much equity you have in your home and how you can use it, let’s connect today.

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