homeprices

The latest US Home Affordability Index datafor the second quarter of the year reveals an unsettling fact about homeownership in the country: it’s getting more expensive to own a home since the crisis hit in 2008. In a recent report provided by California-based housing data and analytics company ATTOM Data Solutions, the average price of a home in the US is now at $253,000, deemed least affordable since the t...

There is no formula for directly measuring property value. Various factors are at play and more often than not, they are at a continuous state of fluctuation. One necessary distinction that has to be made, however, is the difference between what you call home price and the final valuation of the property after the appraisal has been made. The property price laid out during the offer between buyer and seller is ...