INTERO Real Estate Services
Chuck Townsend CalDRE # 01970251
Chuck Townsend

Take aways from the Home Price Expectations Survey:  Q2 2019 Survey

  • Home values will appreciate by 4.1% in 2019
  • The average annual appreciation will be 3.2% over the next 5 years
  • The cumulative appreciation will be 16.8% by 2023
  • Even experts representing the most “bearish” quartile of the survey project a cumulative appreciation of over 6.7% by 2023



Using the projections from the HPES, here is a look at the potential equity a family could earn over the next five years if they purchased a $250,000 home in January of 2019: Based on gains in home equity, their family wealth could increase by $42,000 over that five-year period.


If you don’t yet own a home, now may be the time to purchase. Owning or moving up to your dream home could allow you to ride the increase in equity of a growing asset.
Posted on July 30, 2019 at 8:51 pm

 

 
 

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What my clients are saying  

We are very grateful to Chuck Townsend for helping us find a beautiful peice of property in Foresthill. Chuck provided excellent advice on how to evaluate the cost/value of raw land based on how much site work would be required (water, electricity, sewer/septic, etc) and referred us to a contractor to get a preliminary estimate on construction costs. We learned a lot in the process, and were able to make an informed decision. Thank You Chuck!

 

~ Peter & Pam

Chuck is a professional who knows the ins and outs of the real estate business. He knew exactly what we needed to do as a family in order to get us into our dream home. We are very happy with the service that he provided. He will get the job done for you! We highly recommend Chuck Townsend for all of your real estate needs.

 

~ Scott & Jennifer

“I must admit that I was blown away with the amount of work that Chuck has done to help us with this transaction. The property was originally offered at a price above market. Chuck did an amazing job of analyzing all of the comps in the area and preparing multiple documents that convinced the seller to move forward with our offer. He helped us resolve the hand full of offers / counter offer issues related to rent back arrangements and other details. He has also taken a huge amount of his time to coordinate all of the follow up activities (inspections, appraisal, etc.) so that the escrow can close without any hitches. If you do not already have an agreement with another Realtor, it would be worth your time to give Chuck a call to see if he can help you.” Thom & Suzanne Kay San Jose, CA

 

~ Thom & Sue

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