Quick sale!!!

Size: 952sqm

TITTLE: C of O
Usage: Residential.

Price:#1.7m (asking)

Contact: 07038480506, 09080960043

Has the area developed? can one build house and move in? hope there won't be demolition problem in the area? whatsapp me on 07032328022

According to Zillow's August Real Estate Market Report, home value growth returned to a steady pace in August 2019 after a slowdown in the first half of the year. Quarter-over-quarter growth reached an annualized rate of 3.4%, up from 0.4% in May.

The median U.S. home is now worth $229,600, up 4.9% from last August, the lowest year-over-year change since April 2015. Annual growth has steadily slowed for eight consecutive months covering a period of significant change for the U.S. housing market. The rate of quarterly growth, a better indicator for recent market shifts and inflection points, has risen in each of the past three months.

Each of the 35 largest metros is appreciating at a slower annual rate than a year ago, but quarterly growth has accelerated since May in 26 of these. Of these large markets, only San Jose (down 10.8% annually) and San Francisco (down 1.9%) saw year-over-year declines, while home values in Las Vegas, Chicago, Portland, Seattle, Sacramento, Boston, Baltimore, New York, Los Angeles, Washington, D.C., and San Diego fell quarter-over-quarter.

The fastest-growing large markets were Indianapolis (up 7.9% year-over-year), Charlotte (up 7.1%) and Atlanta (up 6.9%). These markets have led the way in each of the past few months. The biggest quarterly gains were in Pittsburgh (up 1.7%), Tampa (up 1.7%) and Cleveland (up 1.2%).
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"We have persistently strong consumer confidence and the significant drop in mortgage rates to thank for the housing market's return to modest home value growth," said Zillow Director of Economic Research Skylar Olsen. "While it may be a good time to lock in your 30-year fixed rate, the market is still starved for inventory and it's getting harder again for buyers to find the right home. If current market conditions hold, it wouldn't be a surprise to see home values continue to rise, but we could see a shift if consumer sentiment dips. Similarly, rental markets continue to feel the pressure of under building in the past - a reality not overcome by the surge in large, pricier apartment buildings in downtown areas. Most of these buildings continue to readily lease up, and rent growth is expected to continue."