Over time, the value of a home will fluctuate up and down. Normally, house values appreciate in the long term. But, in real estate there are no guarantees.
When your home appreciates you have a greater asset to borrow against, and you'll make a bigger profit when you sell. Property values in the bay area fluctuate for different reasons, so how can you be sure what you're buying now won't depreciate the day after you close? It's imperative that you go with a real estate agent in your area who is familiar with the factors that drive local prices.
The economy is believed to be the top factor impacting real estate appreciation. Clearly, there are a lot of issues on a national level that impact your home's value: unemployment, mortgage rates, the stock market, and more. But the most significant factors that decide your house's value depend on the local economy and residential market.
Location in a community - Being close to schools, work and amenities like shopping, restaurants and entertainment is a priority to a lot of us and will greatly influence home values. So when it comes to retaining their value, these regions usually appreciate better than others.
The latest home sales - You should receive data on the recent real estate sales in the areas that you're interested in from your real estate agent. You'll want to learn things like time on market and seller discounts.
The appreciation history - Is the community believed to be desirable because of its location or affordability? Have property prices risen or declined over the past 5 to 10 years?
Local economy - Is there a fair combination of job types in an area, or does it rely upon just one industry? Have companies moved into or away from an area? Are local companies hiring? Each of these things plays a role.
Learning the factors that influence your property's value is important. Visit this link for an estimation of your house's value. Have any questions? Please feel free to call me at 5107583609 or e-mail me.
4901 Appian Way El Sobrante, CA 94803-1946 Phone: Fax:
Location in a community - Being close to schools, work and amenities like shopping, restaurants and entertainment is a priority to a lot of us and will greatly influence home values. So when it comes to retaining their value, these regions usually appreciate better than others. 
