House Price Is Up
Shared by Realtor Li Li Hwang
Have you ever thought that your pay raise through hardworking may never be able to catch up with the rise of house price caused by seemingly unstoppable inflation? The longer you wait, the harder it becomes for you to buy a home.
Per Corelogic: Equity Gains Remain Strong in Northeast and California (Homeowner Equity Insights- 2 2024) states that in the Northeast, where equity gains are strongest, also saw the most home price growth California, the nation's most expensive state, also saw a large equity gains. Among the metros measured, the popular Southern California destination of Los Angeles is one of those least challenged by negative equity. The metro had one of the smallest shares of negative equity for all mortgages in the area.
Thus waiting to buy a home could make it increasingly difficult as rising home prices and inflation outpace income growth. Take action now to secure your future.
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Your Local Real Estate Broker | Li Li Hwang | DRE# 01059188 | TEL: 909-910-1188 | 34 years of experience helping clients realize their dreams.
Your Home Sold Guaranteed Realty LiLi Hwang Team |DRE# 02210675 | TEL: 909-710-6788 | Rancho Cucamonga |CA 91730
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