Summer Housing Summary – What Can You Get for the Median Home Price in Different Markets – A&D Mortgage LLC

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 · Home price appreciation is not assured. Can you withstand the volatility in this market? Learn more about housing bubbles and what makes them pop.

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If you can find a new place to move to, selling your California home may be a wise move. The market won’t tank anytime soon, yet we may be nearing price peaks. What’s different about this housing boom is the strength of wages which have been subdued. If and when they take off, we might see prices climb 10% to 20% more.

If you can buy a home for $200,000 versus $220,000, you’ll save $1,000 in down payment (assuming you’re putting 5% down), and the seller can potentially pay $6,000 in closing costs. The most common signs that the market is turning in your favor are "For Sale" signs.

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