The Soapbox

JohnHoo2

Joined: 09/29/2013 Posts: 6403
Likes: 6393


Thought 2010 was past the peak? I brought my first house at early 08, and


it was right as the market getting shaky. The house was put on the market for 300K+ but I got it for 290 as the market was starting to soft a bit. But still at the time when the appraisal was just a drive-by appraisal for 310. Probably dipped to under 200K during the market low in early 2010's but back to 300K or so in late 2010's. Now it is probably at least 400K.

So even with a pretty big drop in the last housing crisis, real estate still made decent appreciation. over the 15 years span.

(In response to this post by Shenhoo)

Posted: 12/29/2023 at 11:47AM



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Current Thread:
 
  
Wow mortgage and CD rates are coming down fast! ** -- BKhoo 12/29/2023 09:52AM
  Just in time for an election year ** -- HokieDan95 12/29/2023 11:03AM
  Great time buy an overpriced home ** -- Lupos 12/29/2023 10:32AM

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