Property owners have experienced multiple years of appreciation. Rarely have Sellers had it this good for this long. The 2017 Seller Eclipse is rare and it’s real. If you are thinking about selling your home, now may be the best time in a long, long time.
Home Value Appreciation Rates:
Cherokee
2014 – 11%
2015 – 7%
2016 – 8%
Cobb
2014 – 11%
2015 – 7%
2016 – 8%
The July 2017 Regional Snapshot further illustrates why Sellers have the advantage. See the full report.
3 Highlights from the July 2017 Regional Snapshot:
- Home ownership and household formation rates down dramatically, compared to historic trends
- Home prices rising significantly – faster than wages – due in large part to dwindling supply
- Rental market offers no relief – rents are rising dramatically as well, especially in the suburbs
Canton Market: Seller’s Advantage
Woodstock Market: Seller’s Advantage