Has your current home lost value in the last two years? Probably; but your target home has more than likely lost more value. Conversely, when your current home was gaining value every year, the price of your target home was going up just as fast. The graph above displays a market circumstance unseen in our metro in some time!Wednesday, October 28, 2009
On Average, Expensive Homes Have Lost Value Quicker
Has your current home lost value in the last two years? Probably; but your target home has more than likely lost more value. Conversely, when your current home was gaining value every year, the price of your target home was going up just as fast. The graph above displays a market circumstance unseen in our metro in some time!
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