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Kathleen, Shoshana, Cat, Melissa, Colin, Lisa & Mike      The Goneau Group
Kathleen, Shoshana, Cat, Melissa, Colin, & Lisa
REALTORĀ®
Real Estate Consultants
Keller Williams Realty
(508) 251-2558
1084 Main Street Bolton, MA 01740
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Just In: Where Did Home Values End Up Last Year -- And What About This Year?

 

CoreLogic is the most widely respected housing data compilation company and it keeps its pulse on what's going on in the housing market. CoreLogic just came out with its 2015 home value stats and forecast of what home values will look like for all of 2016.

For all of 2015, the CoreLogic HPI (Home Price Index) found a year-over-year gain of 6.3 percent nationally for single family homes, including distressed sales. This data covers December 2014 to December 2015. In a monthly national analysis, home values rose 0.8 percent from December 2015 to January 2016.

The forecast for all of 2016 is to see home values rise 5.4 percent year-over-year.

The adage "all real estate Is local"  is relevant here. "Some metropolitan areas have had double-digit appreciation, such as Denver and Naples, Florida, while others have had price declines, like New Orleans and Rochester, New York," said Dr. Frank Nothaft, Chief Economist for CoreLogic.

Please ask your local real estate professional for specific data on your location and type of home. To download the entire report click HERE.

 

 

 

 

 
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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