future home values: Can I sell this home in a few years for more than I paid?
- 05/17/12 01:48 AM
Buyers often wonder and frequently ask me if they will be able to sell their home in a few years for more than they paid. The correct answer to this question is, "I don't know." Home prises rise and fall with the market, and there is no way to accurately predict what will happen. There are some demographic trends that suggest certain long term direction in demand for housing. Problem is that even population growth can't be used as a completely accurate indicator of housing demand trends.
Although we can predict population growth with fair accuracy, we have a harder time … (3 comments)
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Buyers often wonder and frequently ask me if they will be able to sell their home in a few years for more than they paid. The correct answer to this question is, "I don't know." Home prises rise and fall with the market, and there is no way to accurately predict what will happen. There are some demographic trends that suggest certain long term direction in demand for housing. Problem is that even population growth can't be used as a completely accurate indicator of housing demand trends.
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