12 Month Home Price Change… Don’t Wait Another Day!

Gail Alm, Mortgage Planning Specialist at Fairway Independent Mortgage Corp. in Rehoboth Beach offered this timely home price information, and asks, “As a Home Buyer, take a look at the chart below, do you really want to wait another day?”

Home Prices Rising-Gail_11151412 Month Home Price Change,  how much more will it cost you today?

The National Average… home prices are up 7.5%!

Can you afford to wait? What states have had the largest increase?

California: up 11.3%, Nevada:  up 11.1%, Hawaii: up 10.8% and Michigan: up 11.5%

Where does Delaware sit in the statistics?

Florida up 7.6%, South Carolina: up 6.0%, Delaware: up 5.0% and North Carolina: up 4.5%

What state has had the largest decrease?

Arkansas: down -.4%

Buyers, got Questions? We have Answers.

It’s not unusual to have questions. We recommend that you prepare yourself for the journey by educating yourself. This will ensure you are a knowledgeable home buyer prepared to make a confident home buying decision. CLICK HERE to read our Buyer’s most Frequently Asked Questions, a.k.a. our FAQs page. If you don’t see the answer, email us, we look forward to helping you!