What Affects Real Estate Market Value?

Dave Leonti
Jul 28, 2017 · 2 min read

A certified project manager, Dave Leonti is a real estate broker for Keller Williams Realty in Kirkland, Washington. In addition to his role at Keller Williams, Dave Leonti is a project manager for Casa Dolce Homes, where he has extensive experience in assessing market value for real estate flips.

The values of properties in the real estate market are influenced by a number of factors. In addition to micro-elements such as the location and condition of a property, high-level factors including the economy, demographics, interest rates, and legislation have an influence on prices.

Generally measured by gross domestic product and employment rates, the overall health of the economy has an impact on real estate values. If an economy is in poor condition and employment rates are low, the real estate market will typically suffer as well.

Demographics, such as the age range of buyers or the presence of young children in households, also have an impact on prices.

Interest rates affect real estate values by directly impacting the cost of borrowing money via a mortgage. The higher interest rates are, the more costly it is to take out a mortgage.

Finally, legislation and government policies have the ability to influence home values by providing tax breaks, credits, or other subsidies.

Dave Leonti

Dave Leonti real estate broker who maintains a practice with Keller Williams Realty and emphasizes personalized service in facilitating home purchases and sale.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade