What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

Todd Patterson

Explore the Home Market

Todd Patterson

Coldwell Banker

1 post tagged with Apprasials:

January 25, 2018

Keeping Current Matters

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 4% or more over the next twelve months. One major challenge in such a market is the bank appraisal.

When prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.

Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what a homeowner who is seeking to refinance their home believes their house is worth and what an appraiser’s evaluation of that same home is.

In the latest release, the disparity was the narrowest it has . . .

Featured Listings

listed
Luxury Ranch Style Home This single story ranch style home is located on over 33,500 square foot lot with asphalt frontage. There is a large covered entryway leading to the front doors. The home is very spacious.
$669,000
listed
3
beds
3
baths
3,010
Sq Ft
sold
Corinthian Subdivision JP Eliopulos Built. This single story home is located in a west Lancaster in a desirable area. The home has secure entryway. There is large ceramic tile flooring with vaulted ceilings. Open area floorplan.
$509,000
sold
3
beds
2
baths
2,274
Sq Ft
sold
KB Ironwood subdivision. Plan 3 This well located single story has upgrades. Four bedrooms and two bathrooms. From the entryway there is vinyl wood plank flooring leading into the great room with high ceilings, LED lighting and lots of window light.
$529,000
sold
4
beds
2
baths
1,886
Sq Ft
listed
This custom built two story pool home is located on a large lot in cul de sac street. Large open floor plan with a bedroom and bathroom down stairs. This well maintained home has been upgraded!
$699,000
listed
4
beds
3
baths
2,444
Sq Ft

Recent Posts