Watching the Stock Market?
The DJIA fell 8.8% and the SP500 fell 19.4% in 2022. While watching the stock market may have felt pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you own a home in the foothills, your net worth got a big boost over the past few years thanks to rising home prices.
Even as increasing mortgage interest rates and fewer sales have cooled the market, homes appreciated handsomely over what they were worth a year ago. Foothills home values rose 10% on average in 2022 and are expected to remain at current or higher levels over the foreseeable future, so if the stock market’s got you down, call us for a market analysis on your property. You’ll be glad you did.