For millions of homeowners, checking their Zillow Zestimate has become as routine as checking a stock portfolio—a quick hit of seeing their home’s estimated value, right at their fingertips. With 178 million monthly users and over 100 million homes covered, the platform’s instant, free, and convenient appeal is undeniable.
Continue reading Can You Really Trust Online Home Valuations?Category Archives: Home Values
2025 Market Predictions
Experts Predict San Diego Home Values Will Increase in 2025.
Top housing experts and economists give 2025 market predictions of what mortgage rates will do, and where home values in the San Diego and national markets are headed.
Continue reading 2025 Market PredictionsReal Estate Forecast 2024: Opportunities for Home Buyers and Sellers
What’s the real estate forecast for 2024? Will home prices continue to climb, or will they crash? What direction are mortgage rates moving, and will more homes come on the market?
Read on to learn more about the current state of the U.S. housing market, the potential opportunities for buyers and sellers, economists’ predictions for the year ahead, and what it all means for you.
Continue reading Real Estate Forecast 2024: Opportunities for Home Buyers and SellersHome Prices in 2023 and What That Means for You
Last year, one factor drove home prices more than any other: rising mortgage rates.
In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to respond, the housing market has reacted accordingly.
Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more stable and balanced real estate market.
So, what can we expect in 2023? Continue reading Home Prices in 2023 and What That Means for You
Home Prices Soar: Did Your Home Outearn You Last Year?
Home prices skyrocketed in San Diego and the rest of the country last year, and odds are that your home earned more than you did.
Continue reading Home Prices Soar: Did Your Home Outearn You Last Year?Could Rising Home Prices Impact Your Net Worth?
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.
Continue reading Could Rising Home Prices Impact Your Net Worth?How’s the Real Estate Market?
The U.S. unemployment rate is at a 50-year low, and consumer confidence remains high. In fact, the University of Michigan’s latest Surveys of Consumers found that Americans have their most positive personal finance outlook since 2003.
However, if you follow national news, you’ve probably heard speculation that we could be headed toward a recession. Global trade tensions and a slowdown in the GDP growth rate have sparked volatility in the stock market, leading to economic uncertainty.
Given these differing signals, you may be wondering: How has the real estate market been impacted? Where is it headed? And more importantly, what does it mean for me?
Continue reading How’s the Real Estate Market?What’s Your Home Actually Worth?
It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the dollar value of a home is trickier.
As a seller, knowing what your home’s worth helps you price it correctly when you put it up for sale. If you price it too high, it may sit on the market. But price it too low and you may be losing out on a good chunk of money. For buyers, it’s important to know a home’s worth before you make an offer. You want your offer to be competitive, but you don’t want to overpay for the property.
Continue reading What’s Your Home Actually Worth?How to Do a Home Valuation and Get Top Dollar
Understanding a home’s true market value is about more than pictures, software assessments and price-per-square-foot. Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering with a local market expert, sellers will avoid pricing their house out of the market (the kiss of death in real estate) while still getting top dollar. Buyers will ensure they get a good deal on their next home.
So, how do you accurately calculate a home’s value? After all, the value a home is assigned by the tax assessor and the one it’s given when it’s listed are often dramatically different from one another. Which one is accurate and what does it all mean? Read on to learn more.
Continue reading How to Do a Home Valuation and Get Top Dollar