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The Great News About Rising Home Prices

Recently there has been a lot of talk about home prices and if they are accelerating too quickly.

In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise.

The great news about rising prices, however, is that according to CoreLogic’s latest US Economic Outlook, the average American household gained over $15,000 in equity over the course of the last year, largely due to home value increases.

>>Read More: News About Rising Home Prices


Starter Home Market

Have You Outgrown Your Current Home?

For many Americans, buying their first home is their first taste of achieving part of the American Dream.

There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment.

It may seem hard to imagine that the first home you purchased (which made your dreams come true) might not be the home that will allow you to achieve the rest of your dreams.

The good news is that it’s ok to admit that your home no longer fits your needs!

>>Read More: Starter Home Market


675,000 Homeowners Regained Equity in 2017

CoreLogic’s latest Equity Report revealed that "over the past 12 months, 675,000 borrowers moved into positive equity."

This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

The report also revealed:

  • The average homeowner gained approximately $15,000 in equity during the past year.

  • Compared to Q4 2017, negative equity decreased 21% from 3.2 million homes, or 6.3 percent of all mortgaged properties.

  • U.S. homeowners with mortgages (roughly 63 percent of all homeowners) have seen their equity increase by a total of $908.4 billion since Q4 2016, an increase of 12.2%, year-over-year.

>>Read More: Homeowners Equity


Think you should For Sale By Owner?

For Sale By Owner, get ready to negotiate

Here is just a short list of the people that you will have to negotiate with to sell your house:

  • The Buyer

  • The Buyer's Agent

  • The Buyer's Bank

  • The Inspection Company

  • The Appraiser

  • The Title Company


Get Your Free Home Valuation

Help-U-Sell Southland Realty can create a Comparative Market Analysis (CMA) for you and determine the value of your current home. Please fill out the information in the form below and a Help-U-Sell Real estate agent will contact you shortly.

  • CMA will be created for this property address
  • This field is for validation purposes and should be left unchanged.


Search homes for sale. We have complete Multiple Listing Service (MLS) of residential homes for sale in Lake Balboa, Van Nuys, North Hills, Woodland Hills, Arleta, Canoga Park, Tarzana, Encino, Reseda, Northridge or any other Los Angeles, San Fernando Valley and Santa Clarita Valley real estate.

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$269,000 - 3Br/2Ba -  for Sale in Lancaster
$269,000
Open House
New
MLS# PW18202466

43728 Hardwood Avenue
Lancaster, CA 93534

Property Type: Single Family Residence
$529,900 - 4Br/2Ba -  for Sale in Sylmar
$529,900
New
MLS# SR18202378

13228 Norris Avenue
Sylmar, CA 91342

Property Type: Single Family Residence
$520,000 - 4Br/3Ba -  for Sale in Echo Pointe (echop), Saugus
$520,000
New
MLS# SR18199725

19825 Darrin Court
Saugus, CA 91350

Property Type: Single Family Residence
$858,000 - 4Br/3Ba -  for Sale in West Hills
$858,000
Open House
New
MLS# SR18201467

23832 Del Cerro Circle
West Hills, CA 91304

Property Type: Single Family Residence
$259,900 - 4Br/2Ba -  for Sale in Palmdale
$259,900
New
MLS# SR18202033

40113 178th Street E
Palmdale, CA 93591

Property Type: Single Family Residence
$297,500 - 3Br/2Ba -  for Sale in Lancaster
$297,500
New
MLS# SR18202124

1030 E Lancaster Boulevard
Lancaster, CA 93535

Property Type: Single Family Residence
$465,000 - 4Br/3Ba -  for Sale in Palmdale
$465,000
New
MLS# SR18194566

2001 Slayton Street
Palmdale, CA 93551

Property Type: Single Family Residence
$340,000 - 2Br/2Ba -  for Sale in Northridge
$340,000
New
MLS# SR18202061

16741 Parthenia Street Unit 3
Northridge, CA 91343

Property Type: Townhouse
$239,900 - 3Br/2Ba -  for Sale in Lancaster
$239,900
New
MLS# SR18202255

1508 Lucasz Court
Lancaster, CA 93535

Property Type: Single Family Residence
$410,000 - 4Br/3Ba -  for Sale in Palmdale
$410,000
New
MLS# IV18202092

2400 Rockrose Street
Palmdale, CA 93551

Property Type: Single Family Residence
$649,999 - 3Br/2Ba -  for Sale in West Hills
$649,999
New
MLS# SR18202111

24100 Kittridge Street
West Hills, CA 91307

Property Type: Single Family Residence
$649,999 - 3Br/2Ba -  for Sale in Granada Hills
$649,999
Open House
New
MLS# SR18202277

10331 Haskell Avenue
Granada Hills, CA 91344

Property Type: Single Family Residence
$325,000 - 1Br/1Ba -  for Sale in Santa Fe (stfe), Valencia
$325,000
New
MLS# SR18202175

23811 Del Monte Drive Unit 112
Valencia, CA 91355

Property Type: Condominium
$605,000 - 4Br/3Ba -  for Sale in Summertime (stim), Valencia
$605,000
New
MLS# PW18202371

23811 Robindale Place
Valencia, CA 91354

Property Type: Single Family Residence
$575,000 - 3Br/1Ba -  for Sale in Sun Valley
$575,000
New
MLS# SR18201831

11111 Thelma Street
Sun Valley, CA 91352

Property Type: Single Family Residence
$649,000 - 4Br/2Ba -  for Sale in Not Applicable - 1007242, Chatsworth
$649,000
New
MLS# 218010498

20453 Mayall Street
Chatsworth, CA 91311

Property Type: Single Family Residence
$877,000 - 4Br/3Ba -  for Sale in West Hills
$877,000
New
MLS# PI18202137

8488 Denise Lane
West Hills, CA 91304

Property Type: Single Family Residence
$547,000 - 3Br/2Ba -  for Sale in Not Applicable-valn (navaln), Valencia
$547,000
Open House
New
MLS# 318003351

27604 Cypress Ridge Circle
Valencia, CA 91354

Property Type: Single Family Residence
$569,950 - 3Br/2Ba -  for Sale in Reseda
$569,950
New
MLS# SR18200442

19007 Runnymede Street
Reseda, CA 91335

Property Type: Single Family Residence
$649,000 - 2Br/2Ba -  for Sale in Van Nuys
$649,000
New
MLS# SR18200574

14331 Runnymede Street
Van Nuys, CA 91405

Property Type: Single Family Residence
$749,999 - 3Br/2Ba -  for Sale in Valley Glen
$749,999
New
MLS# SR18201496

13523 Gilmore Street
Valley Glen, CA 91401

Property Type: Single Family Residence
$315,000 - 3Br/2Ba -  for Sale in Sylmar
$315,000
New
MLS# SR18201654

13825 Beaver Street Unit 29
Sylmar, CA 91342

Property Type: Condominium
$469,000 - 3Br/2Ba -  for Sale in Quartz Hill
$469,000
New
MLS# SW18191194

4741 W Avenue M8
Quartz Hill, CA 93536

Property Type: Single Family Residence
$464,999 - 3Br/3Ba -  for Sale in Sun Valley
$464,999
New
MLS# BB18201609

9325 Sunland Park Drive Unit 23
Sun Valley, CA 91352

Property Type: Townhouse

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