Re: Home prices falling
It's the current real estate market trend nationwide. It will pass and your home, and all others, will appreciate more than you want it to.
We bought in the spring of 2005 and the house went up in value about 50% in 10 months but has fallen a total of about 10% in 2006 and this year. The reason we bought then was that the houses had gone up about 30% from the prices in early 2004 and we didn't want to miss the boat.
__________________
Da Chicago So Side; The Village of Park Forest, IL; 3/7 Cav, 3rd Inf Div, Schweinfurt, Ger 65-66; MACV J12 Saigon 66-67; San Leandro, Hayward & Union City, CA (San Francisco East Bay Area) GO DUBS ! (aka W's)
|