National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are […]
A Comparative Market Analysis (CMA) is essential to determining the value of residential property. Location and characteristics of the property are the key elements in determining value. Therefore, the basis for valuation is assessing similar properties in your area. The market analysis takes into account the amount received from recent sales of comparable properties and […]
