I would like to know the appreciation rate of homes in Tallahasse and the source you used to find it. My own searches have been fruitless and a waste of time.
2007-10-26 10:24:19 · 3 answers · asked by Andrew S 1 in Business & Finance ➔ Renting & Real Estate
It depends on who is measuring. Everyone's method is a little different in terms of timing and what houses are included and how the index is computed.
According to OFHEO, a government agency, single-family homes appreciated on average 5.29% in the 12-month period between the 2nd quarter of 2006 and the 2nd quarter of 2007.
According to the National Assocation of Realtors, the median sale price increased 3.5% over the same period.
Zillow.com shows Tallahassee prices decreased 0.3% in the past 12 months. They have a lot of cool information at the level of specific homes too.
2007-10-26 18:18:40 · answer #1 · answered by mjmorell 4 · 0⤊ 0⤋
plenty has to do with area and a few 3% annual appreciation became into wide-spread in lots of markets till the crazyness of the previous industry skewed our neat little predicable genuine sources international. My suggestion is to touch a stable REALTOR who would be waiting to furnish a stable concept of what similiar properties on your subdivision have bought for in the previous few months.
2016-09-27 22:57:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Read the business news, FL is in a state of depreciating values, large depreciation, topped only by CA, NV and MI
2007-10-26 13:58:05 · answer #3 · answered by Pengy 7 · 0⤊ 0⤋