According to Realtor Magazine, “Even with several years of price declines, the typical seller who purchased a home eight years ago experienced a median equity gain of $33,000 – a 24% increase-while sellers who were in their homes for 11-15 years saw a median gain of 40%. That’s according to NAR’s latest survey of home buyers and sellers, available at REALTOR.org/research. ‘Eighty-five percent of recent home buyers see their home as a good investment, and nearly half think that investment is better than stocks,’ says Paul Bishop, NAR vice president of research. ‘This indicates the long-term view of home ownership as a fundamental goal and value remains sound.’ “
Interesting and informative perspectives on life and real estate in the Washington Metropolitan area from Sue Goodhart, one of the area's leading real estate agents
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