2006-10-26 10:38:40 · 3 answers · asked by gmaddox562 2 in Business & Finance ➔ Renting & Real Estate
It MIGHT, but I would not count on it in the short term at this time.
Real estate values, especially in the largest cities, seem to have peaked and are now declining. They will recover - someday - but a correction seems to be in progress now.
2006-10-26 10:42:32 · answer #1 · answered by Rochester 4 · 0⤊ 0⤋
Property generally appreciates unless there is a change in the economy, neighborhood, poor maintenance, etc.
2006-10-26 17:42:19 · answer #2 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
I would think so as long as it is in a good area of Town.
Matt
http://www.diversifiedlender.com
http://www.minnesota-mortgage-rates.net
http://www.refinance-second-mortgage.biz
2006-10-27 09:02:00 · answer #3 · answered by Matt J 3 · 0⤊ 0⤋