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Thursday, September 12, 2013

Home Appreciation: Why it's Important to You

A positive recovery rate is predicted through 2017!

We've all gone through several years of a very poor real estate market. It really didn't feel good to be a Seller, and to watch the value of your home depreciate year after year. And some Americans lost everything in the devestation of short sales and home reposessions. We all know someone who was effected.

But the tide has turned and the experts (Home Price Expectation Survey 2013*) are predicting that home prices will fall back into step and become more predictable at an average of 4.7% over the next four years as we move into the mid-20teens. This is on a national basis and will be different based on your regional area. But it's all mainly positive.

Why is this great news for sellers? Now you can plan when you want to sell and even "expect" within a pretty good range, what your home's value will be.


*A nationwide panal of 100+ economists, real estate experts, investment and market strategists


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