Welcome to the RWhalenHomes.com Blog

2018-01-18 15:07:16
What Impact Will the New Tax Code Have on Home Values?

 

Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months.

Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report.

What Impact Will the New Tax Code Have on Home Values? | MyKCM

As we can see, CoreLogic projects an increase in home values in 49 of 50 states, and Washington, DC (there was insufficient data for HI). Nationwide, they see home prices increasing by 4.2%.

How might the new tax code impact these numbers?

Recently, the National Association of Realtors (NAR) conducted their own analysis to determine the impact the new tax code may have on home values. NAR’s analysis:

“…estimated how home prices will change in the upcoming year for each state, considering the impact of the new tax law and the momentum of jobs and housing inventory.”

Here is a map based on NAR’s analysis:

What Impact Will the New Tax Code Have on Home Values? | MyKCM

Bottom Line

According to NAR, the new tax code will have an impact on home values across the country. However, the effect will be much less significant than what some originally thought.

 ____________________________________________________________
 
 
Looking to buy or sell a property? Get your FREE Home Buyer and Seller guides to help you
navigate the buying and selling process.
 
 
 
  
 
For more information on San Diego CA Real Estate contact Robert K. Whalen
For Maps, Street View, Tour, Dozens of Home Facts on thousands of San Diego homes please visit  
 
Robert K. Whalen
Berkshire Hathaway HomeServices California Properties  
516 5th Avenue
San Diego, CA 92101
Cell 619.985.2225
Cal BRE #01435859
 
Blog Archive
2018-12-06 09:39:48
2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

2018-11-12 13:17:44
Why Has Housing Supply Increased as Sales Have Slowed Down?

2018-10-30 10:21:37
Still Think You Need 15-20% Down to Buy a Home? Think Again!

2018-10-26 14:30:02
OPEN HOUSE IN MISSION VALLEY

2018-10-26 11:11:52
San Diego Calendar of Events - October 2018

2018-10-24 14:51:36
Discover Your Home’s Value with our new premier system?

2018-10-19 14:02:49
OPEN HOUSE! Downtown San Diego - Remodeled Property

2018-10-18 14:30:25
Live Downtown San Diego with Bay Views - UNDER $550,000!

2018-10-08 11:03:57
The True Cost of NOT Owning Your Home

2018-10-05 14:05:57
San Diego Calendar of Events - October 2018

2018-10-03 14:51:19
Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

2018-09-25 10:39:22
Where Are Mortgage Interest Rates Headed In 2019?

2018-09-19 10:14:31
550 Front St 92101 New listing Downtown Pinnacle located in the Marina District

2018-08-25 14:01:41
San Diego Calendar of Events - September 2018

2018-08-20 09:46:20
The Net Worth of a Homeowner is 44x Greater Than A Renter!

2018-08-13 10:28:05
Are You Thinking of Selling Your Home? Competition Is Coming!

2018-08-04 09:36:56
San Diego Calendar of Events - August 2018

2018-07-22 10:19:21
July 2018 Events for San Diego, CA

2018-07-17 12:35:36
First-Time Home Buyers Continue to Put Down Less Than 6%!

2018-07-11 10:21:14
Rising Interest Rates Have Not Dampened Demand

2018-06-23 11:38:58
Did Tax Reform Kill the Luxury Market? NOT SO FAR!

2018-06-21 13:57:13
Homes are More Affordable in 44 out of 50 States

2018-06-17 10:27:52
New on the market. 2 bed 2 bath 2 parking under $600,000 in the Marina District VA approved

2018-05-31 16:41:45
June 2018 Events for San Diego, CA

2018-05-31 12:44:01
Will Home Prices Fall as Mortgage Rates Rise?

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.