Annual Home Value Appreciation Expected to Rise

home appreciationThe housing market appears to still be on the upswing, and that means good news for homeowners! Experts predict annual home value appreciation to continue to rise.

According to the latest Zillow Home Price Expectations Survey, real estate and economic experts are expecting 2013 home values to surpass 2012 values by 6.7 percent. They also expect median U.S. home values to reach $167,490 by the end of 2013. The median home value was $156,900 at the end of 2012 and is currently $161,100.

Read more about the housing market here.