Home values see biggest drop since 2008 – Business – Personal finance – Real estate
What you have to keep in mind when looking at National home prices are the local prices in your own area. Mission Viejo home sales continue to be strong and values can be tracked in a number of ways. For home sales figures, you need to know the type of home, neighborhood, most importantly, the condition of the home. If there is deferred maintenance or damage to the home, the sales price will reflect this. This makes it difficult to translate sales averages to individual home values in Mission Viejo. If you want to know the current value of your home in Mission Viejo today, compare it to recent closed sales and adjust for condition and location.