Homeowners See Nearly 20%
Equity Jump in a Year
All four major regions of the U.S. posted double‑digit year over year increases in April.
The National Association of REALTORS® reported recently that the median existing-home sales price for all housing types in April was $341,600, a record high for home prices.
According to CoreLogic president, Frank Martell, “Homeowner equity has more than doubled over the past decade and become a crucial buffer for many weathering the challenges of the pandemic. These gains have become an important financial tool and boosted consumer confidence in the U.S. housing market, especially for older homeowners and baby boomers who've experienced years of price appreciation.”
Are you active in the market looking for a Bucks, Montgomery, Delaware or Mercer County home to buy or sell? More than ever, you need expert, professional representation. Before you list your home for sale, call The John McClintock Team at 267‑759‑9518 for no obligation recommendations on dealing with bids, realistic prices and precise timing.