Idaho Falls, Do You Know How Much Your Home Has Increased in Value?
The average homeowner gained $16,200 in home equity between Q2 2017 and Q2 2018 according to the latest release of CoreLogic’s Home Equity Report.
Since 2011 home values have increased significantly throughout the country, with prices rising by 5.1% in 2018 alone. When surveyed, homeowners revealed the top four reasons why they felt their homes had increased in value.
As we can see, not only does the data show that the homes have appreciated across the United States, including the Idaho Falls real estate market, but homeowners also believe they know why. Many Idaho Falls Residents have taken advantage of the opportunity to use their newly found equity to sell their current house and move up to their dream home!
2019 will be a good year for the homeowners of Idaho Falls that still want to take advantage of their home equity! CoreLogic forecasts that home prices will increase by 4.8% by the end of the year.
If you are a homeowner in the Idaho Falls Area who would like to find out your current home value, let’s get together to discuss the hidden opportunities in your home!
Blog Archive2020-02-24 12:09:09
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