Many assume that the economy is the top factor impacting real estate appreciation. Clearly, there are quite a few issues on a national level that change your property's value: unemployment, mortgage rates, the stock market, and more. But the most significant issues that figure your home's value are specific to the local Jensen Beach economy and housing market.

Location in a community - Many consumers wish to live in regions with the most accommodating characteristics for households to thrive, like a close proximity to schools and work. So when it comes to keeping their value, these areas typically appreciate much more reliably than areas lacking key features.

Recent sales - Your REALTOR^® should give you information on the recent home sales in the regions that you're interested in. You'll want to know average time on market, selling versus listing price and more.

The appreciation history - Is the area thought to be desirable because of its location or affordability? Have house prices risen or declined over the past 5-10 years?

Local economy - Is there a fair mix of business in an area, or does it rely upon just one industry? Have companies moved into or away from an area? Are local businesses hiring? Each of these elements plays a part.