Home Values!

Mortgage and Lending with ASAP Mortgage

 I read a very interesting article the other day on the Home values nationally.  Yes it is true that the home prices are down but there are a few factors we need to look at. 

 The hardest-hit markets drag down the average depreciation.

Mid to high priced homes were more inflated than entry level housing. When those homes depreciate, they have farther to fall than a lower priced home. This also brings down the average.

And of course PANIC!! This wonderful word creates a dominio reaction among those that are selling and thinking of buying.


What does this mean, it is still a great time to BUY!!!!

Comments (2)

Ron Parise
LocateHomes.com - Cape Coral, FL
What you have discovered is something that Mark Twain said  "statistics dont lie, statisticians do"
Dec 14, 2007 06:53 AM
Andrew Campbell
ASAP Mortgage - Madison, WI

Thanks Ron for that, I agree with him!!

have a great holiday!!

Dec 20, 2007 12:54 AM