Home values have risen dramatically over the last twelve months. The latestExisting Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%.CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.
TheCoreLogicreport broke down appreciation even further into four different price categories:
Lower Priced Homes: priced at 75% or less of the median
Low-to-Middle Priced Homes: priced between 75-100% of the median
Middle-to-Moderate Priced Homes: priced between 100-125% of the median
High Price Homes: priced greater than 125% of the median
The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum. Writer KCM
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The Orange County California real estate market 'insanely hot,' a
"Dear Aaron & Barbara,
We would like to extend our sincere gratitude and appreciation for all the hard work, dedication and patience that you extended and put forth in the selling of our home on Spartan St. Mission Viejo.
Aaron your team went above and beyond the call of duty when it came to selling our home. Even through all the rough nicks and cracks that took place you managed to keep your professionalism, understanding and caring ways toward our sensitive situation. We will forever be thankful for all that you did and provided to help make this transition go as smoothly as possible. I’m truly amazed by you and Barbara and in how you help families to move forward in spite of the difficult situations that are occurring in their present lives.
If we ever come across family and friends who would need assistance in buying or selling a home we would without hesitation refer them to you and your amazing team! I believe God is truly working through you and will most definitely bless your business and those you work with. I pray you will continue to prosper as you provide the unique quality of service to families everywhere. May God bless you!
With sincere gratitude,