What Is Really Happening with Home Values?
If you’ve been following the housing market, you’ve probably heard some version of this:“Home prices are still going up.”But that headline can be misleading — and if you’re thinking about selling, it could affect how you price your home.I recently dug into the details, and what I found changed the way I look at home values.The overall median sales price is up sharply: 14% since 2023.
But that does not necessarily mean your home is worth more.I explain why in this week’s video — and why sellers and buyers need to be careful about using the wrong number when deciding what a home is worth.
