Central Florida – February 2023. The last couple of years dramatically changed the U.S. real estate market. Beginning in 2020, home prices increased dramatically, increasing monthly and often by double-digit percentages!
From Q3 of 2012 to Q3 of 2020 (ten years), we saw the median home price go from $248,800 to $335,500. This was an average of 3.9% in annual appreciation. BUT from Q3 of 2020 to Q3 of 2022, home prices went from $335,000 to $454,900. Yes! We have seen an average of 16.5% annual appreciation in the past two years. Huge appreciation and potential equity gain!
While millions of homeowners have built significant equity, millions more recently purchased or recently refinanced their homes might not benefit in the coming years.
I have a report explaining how the market has changed and what the Great Resurgence might mean. You can download the report from my website https://saveyourcentralfloridahome.com.
I think you will be surprised by the changes in the market. After you are done, contact me today to discover how much your home is worth.
Contact me today at hectoracostasellsrealestate@gmail.com, and let’s navigate this journey together. Remember, there is light at the end of the tunnel, and I’m here to guide you every step of the way.
For more information on this or other real estate topics, please call me at 407-709-4961.