Prices Rose 7.1% Year-Over-Year

Corelogic’s update of prices across the country shows a decrease in the price increase for the upcoming year overall.  BUT if you look at Florida in both graphs we are dark blue, meaning even in a predicted slower year this year our prices are still going to increase over 6%.  With an increase in prices and an increase in mortgage rates, your ability to afford your dream home start to decrease.  Don’t wait to be priced out of the market!  Let’s start that search for a new home today.

Courtesy of Keeping Current Matters January 2017

Prices Rose 7.1% Year-Over-Year [INFOGRAPHIC] | MyKCM

Some Highlights:

  • CoreLogic’s latest Home Price Index shows that prices rose by 7.1% across the United States year-over-year.
  • With mortgage interest rates rising in the short term, CoreLogic believes price appreciation will slow to 4.7% by this time next year.

Remember it is always toasty in Naples and you deserve your piece of Naples sunshine before prices increase and you can’t afford exactly what you want!

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