I want to share some good news about the housing market with you.
I know this is just background ‘noise’ for some homeowners,
but not paying attention could be costly! I’ll explain…..
First here’s the good news.
“Home prices continue to grow at a torrid pace so far in 2017 and these gains are likely to continue well into the future,”
said Frank Martell, president, and CEO of CoreLogic, in a statement on the Index.
“Home prices are at peak levels in many major markets and the appreciation is being driven by a number of dynamics—high demand, stronger employment, lean supplies, and affordability—that will continue to play out in the coming years. The CoreLogic Home Price Index is projecting an additional 5 percent rise in home prices nationally over the next 12 months.” Courtsey: RIS Media
Great news for any homeowner, wouldn’t you agree?
Especially homeowners who are just now moving back into positive equity.
Here’s the problem many homeowners will face if there not careful.
The housing crash, that started back in 2008, created a chain reaction in almost every community.
Real Estate Investors and Flippers purchased the ‘foreclosures and short-sales’ at rock-bottom prices and then refurbished them.
As housing prices rise, these investors are going to ‘jump’ out of the market and make a handsome profit.
That ‘cycle’ was good for every homeowner because they kept our neighborhoods intact.
The problem is if your home hasn’t been ‘recently remodeled’ like these “investor” homes,
you’re not going to get top dollar when you sell.
You could find yourself forced to play a costly game of Catch-Up trying to rebuild the value of your home.
It’s simple really.
Even if the ‘comps’ (comparable home values) raise in your neighborhood,
if your home hasn’t kept pace in terms of condition and curb appeal,
your home’s value could be much lower.
Because appraisers and lenders are taking a much harder
look at home values during the sales process.
It’s not the same as before the crash.
Today’s savvy home buyers, who start their buying process online,
will notice this too and your home could take longer to sell.
Again, Costing You Time and Money!
Don’t Let that Happen to You!
That’s what Profitable Home Remodeling is all about.
Building or Re-Building Value in your home.
Take a look at our Home Value Optimization page.
It’s a roadmap to help prevent you from playing CATCH-UP with the market.
Let me know what you think,
Beta Course Offer
I’m going to launch the Beta version of my new course
based on this concept soon.
IF you would like to be a BETA Subscriber
Simply Facebook Message the words
“LET ME IN”
to the Profitable Home Remodeling Page
I’ll be sure you get an invite.
I’ll only be letting a small number of people into the BETA trial
so let me know soon.
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