Cynthia Cohn & Associates, Inc. Real Estate Brokerage, Pasadena.

Blog

How The Future Of Home Price Appreciation Affects Sellers
Historically, home appreciation has always been a factor in purchasing a home. Home appreciation remains consistently high in today's market, providing sellers with an advantage. Appreciation remaining high is the best news for sellers as they're often able to capitalize on the home's increased equity. However, timing is everything. Selling your home at peak equity offers options such as a higher down payment on a new home. With demand still outweighing supply, this is an ideal time to leverage your asset into the next stage of your home journey. The following sections will look into home appreciation and how it affects today's sellers. What is home appreciation? Home appreciation is defined as the increase in the value of a home or property over time. An increase provides ample opportunity for homeowners to profit by selling or renting their houses. In contrast, home depreciation is the decay of a home or property's worth over a given timeframe. Determining the value of the home or property is key to assessing the overall value and worth. What causes home prices to increase? There are a few elements that often result in home prices increasing, including: Location Economy Health Interest Rates Home Renovations Each of these factors is a significant component of a house's value and helps create home appreciation. Let's dive deeper into the cause and significance of each element. Location For many buyers, the location of a home is often one of the biggest factors in whether they will pay more for the house. If a dream home is in a less desirable location, selling it above the asking price can be challenging. However, if the house is in a good neighborhood with a great school system or local community, it can be easier to sell it for a higher price. Economy Health Home appreciation is often indicative of the state of the housing market. It can also be significantly impacted by the economy as a whole. The market signals the fragility or stability of the economy, thus supporting a purchasing decision. Supply and demand fall in line with the state of the economy, dictating the availability of materials and homes. Interest Rates During low-interest rates, more people are likely to purchase homes as it often equates to a lower monthly payment. Likewise, if interest rates are high, most potential buyers will wait to purchase a house. Home Renovations Home renovations are typically considered a vanity metric. However, particular home improvements can push the property into home appreciation. Implementing modern features and systems can draw higher offers from potential buyers. What to expect from the housing market in the coming years Predictions always surround the status of the market. As we project future forecasts, there are housing trends that naturally resurface. Now that we know the factors that play a significant role, we can begin to predict when major shifts will occur. As history repeats, the market will continue to shift between a buyer's and seller's market. It's important to keep an
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Reviews

9518 Urbana Avenue | The Yamashita Family (Sellers - March, 2022)
Cynthia and her team took care of everything in the sale of my mother's home. Even though I live in NY and mom in CA everything went extremely smooth from the first time I met Cynthia. Cynthia is EXTREMELY knowledgeable yet we never felt ANY pressure in how to sell our home. You can literally do all the prep yourself and just have her sell it, or you can do nothing and have her team of experts come in and paint, repair, stage, you name it! It was an awesome experience that helped to reduce our stress level by half at least. Plus, her knowledge of the market allowed us to sell mom's home well above the asking price. Believe me, you can't go wrong in asking Cynthia to help you sell your home! I would recommend her 100%.
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Charitable Giving

Join Us In Support Of Door Of Hope
We are officially in the busy season of planning and coordinating events so I wanted to be sure to get on your social calendar early! Through Women Networking For Women, a group I co-founded, we are hosting a fundraiser on October 13th in support of Door of Hope. Door of Hope is one of the only homeless providers that can shelter any kind of family together in their own private unit, including single moms, single dads, and two-parent families together with their children. We are currently looking for sponsors who are interested in supporting this wonderful cause and for exposure to the area’s most reputable professionals. Visit here or reach out to me to become a sponsor or to secure your ticket. For more information, see the below flyer. Our goal is to raise $31,000, specifically for The Los Robles shelter which is in need of new beds and dressers and is overdue for a fresh coat of paint. This budget would cover bunk beds and dressers as well as a full repaint of the 2nd ﬂoor, kitchen, dining room and back porch. I am passionate about giving back and supporting non-profits that speak to my heart. I do this by donating my time, hosting fundraisers and monetarily. My connection to the community and these organizations allows me to give back, create invaluable connections for others, and ultimately support our most at risk neighbors. I'm excited to be part of this amazing event and hope you will join us. Supporting local organizations and other women brings me so much joy. I truly believe Winston Churchill got it right: “We make a living by what we get. We make a life by what we give.”
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Sold

1901 Hanford Drive, Pasadena

$799,000
2 BEDS / 1 BATHS

Virtual Tour

$76K Over Asking I Multiple Offers

In Escrow

2813 Fairgreen Avenue, Arcadia

$749,000
2 BEDS / 1 BATHS

Video

In Escrow I Multiple Offers

Active

11470 Bessemer Street, North Hollywood

$998,000
0 BEDS / 0 BATHS

Call for an appointment

Active

11635 Amigo Avenue, Porter Ranch

$950,000
3 BEDS / 2 BATHS

Video

Call for an appointment

Leased

7 Hidden Valley Road, Monrovia

$4,800
2 BEDS / 2 BATHS

Leased

Sold

2425 Cooley Place, Pasadena

$725,000
2 BEDS / 1 BATHS

Virtual Tour

$127K Over Asking | Multiple Offers

Sold

508 South Mayflower Avenue, Monrovia

$699,000
2 BEDS / 2 BATHS

Video

Multiple Offers I $126K Over Asking

Sold

211 South Wilson Avenue, 109, Pasadena

$460,000
1 BEDS / 1 BATHS

Video

Multiple Offers I $90K Over Asking

Leased

580 North Chester Avenue, Pasadena

$3,850
3 BEDS / 2 BATHS

Leased

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