What drives property values in Vista to move up and down?

Property values are constantly moving up and down. Typically, property values appreciate in the long term. But, in real estate there are no "sure things".

When your home appreciates you have more equity to borrow against, and you make a better profit when you sell. There are various reasons why property values in Vista change. So, how will you be sure what you're investing in now will appreciate over time? Choosing a REALTOR® in Vista who is familiar with the factors that drive local prices is the most important factor.

A lot of people are convinced that the economy is the biggest factor affecting real estate appreciation. After all, there are some issues on a national level that influence your home's value: unemployment, interest rates, consumer confidence, and more. But the most influential things that decide your house's value are specific to the local Vista economy and housing market.

Let Stoneridge Realty & Property Management Services help you with your first home purchase in Vista Access to services - People typically want homes in the regions with the easiest access to amenities, such as our schools, jobs, and shopping. So those areas usually appreciate, or retain their value consistently, year to year.

Recent sales - Your agent should provide you with figures on the recent real estate sales in the regions that you'd like to live in. You'll want to know average time on market, selling versus listing price and more.

The appreciation history - Is the community believed to be desirable because of its location or affordability? Have house prices increased or decreased over the past 5-10 years?

The local economy - Are local companies hiring? Have companies moved into or away from an area? Is there a good combination of work in an area, or does it count on just one industry? Is the mix of commercial and residential zoning changing? All these play a part.

It's smart to know the factors that influence your property's value. Visit this link for an evaluation of your house's value. And if you have any questions, call me at 7607273776 or e-mail me .

Stoneridge Realty & Property Management Services

1920 Shadowridge Drive #104
Vista, CA 92081