Golf Course ResidencesConsidering a golf course property purchase? You’re in good company. It’s a buyer’s market for those looking to purchase a home within a golf community,
Live Near a Trader Joe's - ROI is Very Good -Naples FL Has One ☘Hoey Team☘eXp Realty
New ATTOM Data Solutions Analysis Examines the Grocery Store Impact on the U.S. Housing Market
ATTOM Data Solutions, released its 2019 Grocery Store Battle analysis, which examines whether living near a Trader Joe’s, a Whole Foods or an ALDI can affect a home’s value – as a homebuyer based on seller ROI and home equity, or as an investor looking for the best home flipping returns and home price appreciation.
For this analysis, ATTOM looked at current average home values, 5-year home price appreciation from YTD 2019 vs. YTD 2014, current average home equity, home seller profits, and home flipping rates on 1,859 zip codes nationwide with a least one Whole Foods store, one Trader Joe’s store and one ALDI store.
Homes near a Trader Joe’s realized an average home seller ROI of 51 percent, compared to homes near a Whole Foods with an average home seller ROI of 41 percent and ALDI at 34 percent. The average home seller ROI for all zip codes with these grocery stores nationwide is 37 percent.
Homes near a Trader Joe’s have added equity, owning an average 37 percent equity in their homes ($247,445), while homes near Whole Foods had an average of 31 percent equity ($187,035) and homes near ALDI had average 20 percent equity ($53,650). The average equity for all zip codes with these grocery stores nationwide is 25 percent.
Properties near an ALDI are an investor’s cornucopia with an average gross flipping ROI of 62 percent, compared to properties near a Whole Foods which had an average gross flipping ROI of 35 percent and Trader Joe’s at 31 percent. The average gross flipping ROI for all zip codes with these grocery stores nationwide is 52 percent.
Properties near an ALDI have seen an average 5-year home price appreciation of 42 percent, compared to 33 percent appreciation for homes near a Trader Joe’s, and 31 percent appreciation for homes near a Whole Foods. The average appreciation for all zip codes with these grocery stores nationwide is 38 percent.
For this analysis ATTOM Data Solutions looked at current average home values, 5-year home price appreciation from YTD 2019 vs. YTD 2014, current average home equity, home seller profits, and home flipping rates on 1,859 zip codes nationwide with a least one Whole Foods store, one Trader Joe’s store and one ALDI store. Grocery store locations are from the USDA (http://www.fns.usda.gov/snap/retailerlocator
Also; please check out the other blogs, and tabs to many other Links, Updates & Reports that we have here on our informational website. ☘
We hope that you find the information useful. If you have any questions, please do not hesitate to contact Barry or Kim with the Hoey Team ☘ brokered by eXp Realty
“Please Share this and our informational website with anyone who you think the info will help.
Feel free to refer any family or friends; it is the greatest compliment that you can give to us; we really appreciate referrals from Past Customers, Friends and Fellow REALTORS, who we help in any way we can.
Most of our business is referrals by word of mouth; from past Sellers and Buyers who we have helped; please ask for and check out our testimonials and Sales Stats. Thanks, Barry & Kim ☘”
"Your Real Estate Concierge" If you are looking for a REALTOR® or one-stop Real Estate Team who will fully communicate; promptly, professionally, and in detail with you, to efficiently help you wit....
Latest Blog Posts
Rising family incomes, low mortgage rates and older millennials should keep home prices moving higher through at least July of next year.NEW YORK – Thanks to rising family incomes, low
Here’s how the ultra-wealthy prepare for the worstFotoKina / ShutterstockAffluent homeowners have higher-value property and assets to protect during national disasters.Insurance
FOR IMMEDIATE RELEASEFor more information, contact:Barry Hoey Hoey Team ☘ eXp Realty 239-360-5527 Barry@SWFLLuxury.Com SWFLLuxuryCollection.ComJoining Three Percent of all Realtors, Barry Hoey