{"id":18007,"date":"2020-10-29T13:36:15","date_gmt":"2020-10-29T13:36:15","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18007"},"modified":"2020-10-29T13:36:15","modified_gmt":"2020-10-29T13:36:15","slug":"what-will-homes-be-worth-in-10-years","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/what-will-homes-be-worth-in-10-years\/","title":{"rendered":"What Will Homes Be Worth in 10 Years?"},"content":{"rendered":"

What Will Homes Be Worth in 10 Years?<\/h1>\n

Homeowners are watching their home values climb significantly this year, and prices are expected to continue to appreciate over the next decade. The National Association of REALTORS\u00ae reported that the median existing-home price for all housing types in September was $311,800<\/a>\u2014a 14.8% increase compared to a year ago.<\/p>\n

But how high are prices poised to go over the next decade? A new study shows that home prices in the U.S. have increased by nearly 49% in the past 10 years. If they continue to climb at similar rates over the next decade, U.S. homes could average $382,000 by 2030, according to a new study from Renofi, a home renovation loan resource.<\/p>\n

To estimate property prices in 2030, Renofi analyzed the average price in every state and the 50 largest cities, comparing them from September 2010 to September 2020.<\/p>\n

They found that home values differ considerably across the country.<\/p>\n

For example, in Nevada, home prices have more than doubled since 2010, surging nearly 106%. On the other hand, home prices in Connecticut have averaged a 1.12% increase in that period.<\/p>\n

Renofi also projected what 2030 home prices will be in each state. California is predicted to have the highest prices over the next decade. The average home price could top $1 million if prices continue to increase at their current growth patterns, Renofi says in its study.<\/p>\n

Projecting 2030 House Prices By State<\/h4>\n

 <\/p>\n

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\"Renolfi<\/div>\n<\/div>\n<\/div>\n

\u00a9 Renofi<\/p>

<\/figcaption><\/figure>\n<\/div>\n

 <\/p>\n

Projecting 2030 House Prices by City<\/h4>\n

 <\/p>\n

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\"Renolfi<\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/div>\n<\/div>\n<\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

What Will Homes Be Worth in 10 Years? Homeowners are watching their home values climb significantly this year, and prices are expected to continue to appreciate over the next decade. The National Association of REALTORS\u00ae reported that the median existing-home price for all housing types in September was $311,800\u2014a 14.8% increase compared to a year … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-18007","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nWhat Will Homes Be Worth in 10 Years? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/what-will-homes-be-worth-in-10-years\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-will-homes-be-worth-in-10-years\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-will-homes-be-worth-in-10-years\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"What Will Homes Be Worth in 10 Years?\",\"datePublished\":\"2020-10-29T13:36:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-will-homes-be-worth-in-10-years\\\/\"},\"wordCount\":249,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-will-homes-be-worth-in-10-years\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/2010_DNSI_Renofi_homeprices1.png?itok=yWNyw89s\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-will-homes-be-worth-in-10-years\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-will-homes-be-worth-in-10-years\\\/\",\"name\":\"What Will Homes Be Worth in 10 Years? 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He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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