Normalized appreciation is coming. Not depreciation!

Larry and Caleb discussed about the normalized home appreciation. Last year, the appreciation went up to 15% to 20% which is really high. It means that your property is worth it’s price now or can be higher. We are expecting the appreciation will be somewhere from 5% to 10% range. So if you will buy a property, it’s value can be from those percentages which is still not bad. We are not looking at depreciation for the next five years, but to a more stabilized appreciation which is up to 40%. It means your home value can go up each year. If you are hesitant to buy a house right now, there is no guarantee that the market prices will go down soon. It will be a long waiting game. This indicated that the right time to buy a property is NOW.

If are thinking to buy a house, or if you have any questions about appreciation, feel free to contact us at 316 365 7767.

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