CoreLogic HPI

CoreLogic reported that home prices rose 4.7% year over year in December. They forecast that homes across the US will appreciate at 4.6% in the year going forward, which is still very significant for wealth creation. Even if homes only appreciated 3%, an individual that owns a $300,000 home would gain $9,000 in appreciation in just one year. Of course, there will be pockets of strength and weakness. Message me to find out the forecasted rate of appreciation in your county!