Where can I find current statistics on national rates of appreciation for houses? Both on the national level and on the state level. I would like to compare states against states and see how that compares nationally. Any help would be appreciated. Thanks.
2007-08-27 08:00:51 · 5 answers · asked by GoodSonInLaw 1 in Business & Finance ➔ Renting & Real Estate
www.realtor.org is the website for the National Association of Realtors. There's lots of good info there, if you dig around. Here is their statistical research page:
http://www.realtor.org/research.nsf/pages/ehspage
2007-08-27 08:08:39 · answer #1 · answered by Paul in San Diego 7 · 1⤊ 0⤋
enable the industry come to a decision. In some components, which includes l. a., massive apple bigger appreciation because of the fact not extra construction could be completed and human beings want to stay there. In different components, say Detroit, affordability. you're able to desire to purchase city blocks for one thousand greenbacks. those are extremes, however the industry will come to a decision. I stay in Benton Harbor Michigan, an economically depressed section, because of the fact the cost of residing is so low. I certainly have a 5BR residing house with over 2,000 sq. ft for $40 seven,000 and that i've got no issues residing right here. I merely offered a house i'm fixing as much as lease out for $6K on the tax public sale.
2016-10-03 07:43:35 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Any REALTOR® can help you with this. REALTORS® are the ones who collect this kind of housing data. They have access to all of the statistics that are calculated based on sales of homes through the Regional Multiple Listing Service.
Many areas are depreciating at this time.
Also some of the retirement websites have general information on the cost of buying homes by state.
2007-08-27 08:10:31 · answer #3 · answered by Hatlady 3 · 0⤊ 1⤋
I get my rates of appreciation from the University of Washington RE research dept on line but they only cover Washington state countys and forget zillow they don't know anything.
2007-08-27 08:11:51 · answer #4 · answered by Leo F 4 · 0⤊ 0⤋
Realtor.com and zillow.com are two possible resources. In the case of zillow, you may need to choose representative properties (a dart board is suitable) to track. Rates vary widely depending on location; in the Seatlle area, they are positive, but in Detroit, they are probably quite negative.
2007-08-27 08:06:02 · answer #5 · answered by Anonymous · 1⤊ 0⤋