Definition of «home values»

The term "home values" refers to the monetary value or worth of a person's primary residence, typically determined by an appraisal or comparative market analysis. Home values can fluctuate based on factors such as location, size, condition and recent sales in the area. Homeowners often look up their home values to get an idea of how much their property is worth, while real estate agents use this information when helping clients buy or sell a house.

Sentences with «home values»

  • For them, the rise in home values in the 1990s and 2000s did nothing to compensate for the slow growth of income since the 1970s. (lanekenworthy.net)
  • Our analysis of rates for a purchase mortgage at the state's median home value of $ 300,000 revealed that the lowest mortgage rate offers can be found among smaller direct lenders. (valuepenguin.com)
  • The median sale price would be a perfectly accurate reflection of home values in an area if every home were bought and sold in the particular time period. (zillow.com)
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