House Value Finder
On a nationwide basis, lower priced properties tend to be in weak or flat markets with less likelihood for appreciation. Non-appreciating markets with poor demand (or excess supply) are riskier because most real estate wealth comes from Leveraged Appreciation.
Without “Appreciation” your TOTAL ROI declines dramatically.
HOWEVER, since every property is unique and every market is dynamic (changing), with the right tools you can identify those local markets with BOTH lower priced properties AND a higher likelihood for appreciation.
This tool ranks all markets nationwide RELATIVE TO ALL OTHER MARKETS based on its median home value and its relative ‘hot market score.’ The last column combines both indicators to create a ranked list of low-priced properties in potentially stronger markets.
The results below exclude those stronger and/or weaker micro markets to which you are NOT subscribed.
NOTE: Micro markets have far fewer real estate transactions than their parent ‘Metro level’ market. Because of the fewer data points, micro market analysis is subject to more volatility and less reliability.
Micro markets tend to closely follow the appreciation cycles of their ‘parent’ Metro market. These micro rankings should be used as a general guide, NOT as ‘stand-alone’ indicators. What’s happening at the Metro level will significantly affect the micro market’s long-term performance.
