Homes appreciate at 4% per year since they started keeping records in the 1950's. People like to argue that it is not rue but it is because you are not comparing apples to apples. There will always be high years and low years, but the number is correct.
The only thing is homes are way more expensive now, so even if interest is lower its on a number way higher than in the 80s.
Homes appreciate at 4% per year since they started keeping records in the 1950's. People like to argue that it is not rue but it is because you are not comparing apples to apples. There will always be high years and low years, but the number is correct.
When rates go down prices will go up.