2006-11-06 02:21:55 · 16 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Based on the current market, economy, politics, location, etc. do you BELIEVE your house will be more...
2006-11-06 02:35:59 · update #1
It doesn't matter.
I've owned it for a very long time and worth more than I paid for it and I am not going anywhere...so what do I care? I can afford to live here.
2006-11-06 02:27:11 · answer #1 · answered by Anonymous · 0⤊ 0⤋
That depends entirely on your location in a micro and macro sense. Some people are going to lose the so-called equity they have gained in the last 5 years but it really was never there as housing prices have been artificially inflated recently. Personally I just want to get all my money back when I sell my house and don't really care if it appreciates over 2 years. Buy in the right area and a house will never lose value.
2006-11-06 10:25:53 · answer #2 · answered by kmankman4321 4 · 0⤊ 0⤋
Hopefully the market won't stay so soft, over the last few weeks the market has gone down. In general though, if you bought several years ago, you've still made money, only lost a couple thousand over the last few weeks. In a year, the market will be going up again, or at least leveled out to this years high. Or at least thats my hopeful thinking. :-)
2006-11-06 10:32:41 · answer #3 · answered by Fran Y 3 · 0⤊ 0⤋
Depends on the market and what condition your house is in. If you put money into it, updated it it will go up. If you don't maintain it, it can go down. Lots of things it depends on but overall real estate always goes up.
2006-11-06 10:24:38 · answer #4 · answered by strtat2 5 · 0⤊ 0⤋
It will be worth more. Although I don't plan on any major improvements this year, there are several new homes that are going up in my neighborhood causing the appraisal of my home to go up.
2006-11-06 10:24:50 · answer #5 · answered by saved_by_grace 7 · 0⤊ 0⤋
Depends on where you live. In some cities, yes. Check out www.thehousingbubbleblog.com for detailed discussions of all areas daily.
2006-11-06 10:23:10 · answer #6 · answered by Anonymous · 0⤊ 0⤋
what a crazy question....who can predict that? Is the stock I have going to be worth more or less? Will my savings account pay more or less interest? Will my 401K be worth more or less? Will my gold ring be worth more or less?
2006-11-06 10:30:19 · answer #7 · answered by Jenny A 6 · 0⤊ 0⤋
More, I'm in a booming market
2006-11-06 10:23:39 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Statistics on real estate from the Feds: http://www.fedstats.gov/
2006-11-06 10:25:32 · answer #9 · answered by newmexicorealestateforms 6 · 0⤊ 0⤋
more definitely...in the two years I've lived here it's gone up like 100 grand...
2006-11-06 10:23:44 · answer #10 · answered by Anonymous · 0⤊ 0⤋