Appreciation still in positive territory…
Posted by robtherealtor on June 9th, 2008
What? But everyone is telling you home prices are down…well, it’s all about perspective. I’ve commented on this before in various other forums, but I found yet another graph to illustrate the fact that the market isn’t that bad. Check out this graph from www.PhoenixRealEstateBrokerage.comand you’ll see that even though prices are down, they are still beating an ambitious 4%/year appreciation rate. Of course if you bought high and need to sell now, that doesn’t help you. As an agent, I would ask you if you really “need” to sell. If you are in an upside down position, call me. There are other options.
Your REALTOR (R)
Rob
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