โข Why Now Might Be the Best Time to Sell Your House โข
The value of San Diego real estate continues to heat up, albeit at a slower pace, with home prices still increasing steadily each month. The CoreLogic Home Price Index showed that home prices grew 18 percent last year. That’s the largest annual gain in its 45-year history.
This led to a tremendous boost in home equity wealth for many homeowners. The top three gaining states were Hawaii, California, and Washington that experienced the most significant average increases, at $128,300, $117,000, and $95,000, respectively.
Hereโs a closer look at the overall growth in the total value of homeowner equity nationwide:
These massive amounts of equity have led many homeowners to question whether now is the time toย sell and buy a new home. The short answer is, โit depends.โ Check outย our latest blogย to learn which six questions to ask when selling.
Realiโsย Buy Before You Sell program can make the process of buying and selling homes at the same time seamless and easy. Call us at 858.880.0195 or email portia.green@compass.com to get started with Reali today.