Shiller Home Price Indices
Anything from messy neighbors to ultra-bright paint can destroy your home’s value. Picking a rental rate based on the total cost of turning your home into an investment property and on area rents can ensure you make a decent return and easily find tenants. First, there are median housing prices, which simply define the middle cost of what a property costs in a given area.
Whether you are looking to buy a house, sell your house, refinance or research affordable neighborhoods, you have the power to find accurate home values. Since homes in the area are not homogeneous, the appreciation is all due to location and the value of land.
Agents and Appraisers have access to the Multiple Listing Service, known as the MLS, which is a database of all the properties in a given area that have been listed for sale,” are in process of being sold (pending,) or …