Sometimes a picture is worth a thousand words…and that’s what this week’s Monday Market Update is all about! Check out the visual below released just 2 days ago from a well-known industry resource, Keeping Current Matters, and you’ll gain a clear picture of why opportunity knocks for both buyers AND sellers.
With price appreciation continuing but at a projected slower pace, our recent discussions about real estate as an asset class hold true for those who have purchased property or are about to. With 49 out of 50 states exhibiting positive home price appreciation over the last 12 months, the universal success of loving where you live and getting a positive ROI out of it is pretty hard to beat!
Buyers should feel encouraged by the moderation of prices, while sellers are still riding the momentum of last year’s pent-up demand. We call that a win-win!
Graphic above courtesy of: http://www.keepingcurrentmatters.com/2017/01/13/prices-rose-7-1-year-over-year-infographic/
Have a great week!
VP Business Development & Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/