Where are home prices headed? Economic indicators say they will slowly rebound next year in the Dallas area.
Home prices go up and down just like the stock market. In fact, real estate outperforms other investments over the long term. Even though so many people are 'upside down' in their mortgages, we aren't all looking to cash out quickly. If you're in it for the long term, you should be okay.
Here is my visual interpretation of previous, current and future home prices:
Your Home's Value in 2003
Your Home's Value in 2005
Your Home's Value in 2007
Your Home's Value in 2009
Your Home's Value in 2011
2 comments:
Love this!
This is awesome! So sad but so true:-)
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