Good article by Richard Florida about the "Great Housing Reset". Graphs show the gain and then loss in value in housing.
Very tough if you bought a home near the top of the market. But if you bought a home earlier, and you mentally draw a trend line to the current value, you would see that your home has nicely appreciated. And it is now most likely a good time to purchase a home.
All depends on your time scale and outlook. The glass is either 1/2 full or 1/2 empty.
Very tough if you bought a home near the top of the market. But if you bought a home earlier, and you mentally draw a trend line to the current value, you would see that your home has nicely appreciated. And it is now most likely a good time to purchase a home.
All depends on your time scale and outlook. The glass is either 1/2 full or 1/2 empty.
No comments:
Post a Comment