Real Estate in Huntsville & Madison Alabama
John Wesley Brooks & The Brooks Family Of Realtors

Housing Market Trends Report: Spring 2016 – A Zillow Report

Annual Home Value Appreciation

Spring is about to kick into high gear and with it, the prime season for buying and selling homes. It’s about time for a change. Over the winter, new housing rules went into effect, which notably affected existing home sales, and inventory remained low. The supply of homes for sale is still tight, but it’s on the rise—as are aspirations for homeownership. With winter virtually on its way out the door, can buyers and sellers expect the market to warm up with the weather?

Well, there’s still a nip in the air: National home values are currently 6.4 percent below the pre-recession peak. That’s down 0.4 percent from January and good news for buyers.

There is some good news for sellers, too: From January 2015 to January 2016, home values appreciated across the country, with increases varying between 0.6 percent (Washington, D.C.) and 15.4 percent (Denver).

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Posted on March 25, 2016 at 1:29 am by John Wesley Brooks & The Brooks Family Of Realtors

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    John has all the above listed skills and more.
    My wife and I just arrived from Belgium. I have been
    out of the United states more than thirty five years
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    Giving special thanks for my realtor, John Wesley Brooks, with Exit Realty. In November 2011, he assisted me in the buying and closing on my new home. In July, 2012, he helped me weather the four month journey of selling and closing of my old home. Not only... (more)

    5terry matthews9

    John was very pleasant and easy to work with. He assisted with every request. He was knowledgeable of the area. And was helpful with all aspects of the home purchasing process. I would have no problem referring him to anyone whom needs assistance with home... (more)

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