When it comes to house values, raise your hand if you are curious about what your neighbors house is selling for? Come on, do you grab a flyer from the box on your afternoon walk, head into an open house to "size it up" or open your real estate app on your phone to do a "quick check"? Word does get around - Did you hear? Did they really get that price? That's crazy! After all, our houses are one of our largest financial assets and a major contributor to generational wealth.
The stakes are very HIGH!
Do you know what your home is worth? Most of us have a general sense but with so many factors that determine value, it's hard to keep up.
Generally, the top 10 factors that affect house values are the Economy, Inventory, Interest Rates, Market Cycles, Investor Activity, Comps, Location, Specific Characteristics, Condition and Presentation/Pricing. As your expert real estate advisor, we are keeping a pulse on these and more on a daily basis.
HOME EQUITY REVIEW - You may not be thinking of selling today, but let's find out what your current equity position is today so that you can plan for the future.
Finally, if you are curious what your neighbors houses are selling for let's set up a curated, Compass Collection just for you.
When the time is right reach out and let us know how we can help.