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Low-income owners’ home values have increased by 75% since 2012

Housing Wire

Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. The highest median home value was among Asian Americans at $521,620.

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Do Wood Floors Increase Home Value?

Lamacchia Realty

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. Trust your REALTOR® to sell your home for what it’s worth.

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Fla. Top State for 2022 Home Value Increases

Empire Appraisal Group

Top State for 2022 Home Value Increases | Florida Realtors Fla. Top State for 2022 Home Value Increases By Dylan Abad Analysis finds Fla. home prices rose 17.27% last year, the most in the U.S., But in last-place Idaho, values sank 0.18%. The average value of a home there was estimated to be $386,000.

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National Flood Insurance Program is safe for now (45 days)

Housing Wire

In the meantime, Congress continues to work on a long-term reauthorization of the program, the National Association of Realtors (NAR) said in an FAQ document released last week. Passage allows Congress to fund the government for 45 days, provide $16 billion in disaster assistance, and temporarily extend the National Flood Insurance Program.

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What’s in a Street Name? A Key to Home Values

Empire Appraisal Group

A Key to Home Values. Homes are more expensive along streets with the words Beverly, Third, Brickell, Bayshore or Island. But Timber or Knoll street homes took longer to sell. Some street and neighborhood names are more associated with expensive homes than other names. A Key to Home Values | Florida Realtors.

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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Should You Use Zillow Home Values When Pricing Your Investment Property?

Mashvisor

Pricing homes to sell is an art. But with tools like Zillow home values, you might not need to wait around for a realtor. You might not even need help…