santafenmrealtor blogspot.com

Real Estate Realities

Tuesday, December 14, 2010. I am in the trenches every day and the question I hear a lot has to do with financing. Ive been accused of being overly simplistic, and financing is certainly complex, but here is what I know about the situation now. Then the bottom fell out of real estate and whatever appreciation we had for the last five years was lost. In other words, you bought your house for 250,000 five years ago, it appreciated 5 a year, until this year when it was suddenly worth 250,000 again.
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Real Estate Realities

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Tuesday, December 14, 2010. I am in the trenches every day and the question I hear a lot has to do with financing. Ive been accused of being overly simplistic, and financing is certainly complex, but here is what I know about the situation now. Then the bottom fell out of real estate and whatever appreciation we had for the last five years was lost. In other words, you bought your house for 250,000 five years ago, it appreciated 5 a year, until this year when it was suddenly worth 250,000 again.

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This web page santafenmrealtor.blogspot.com states the following, "Tuesday, December 14, 2010." We saw that the webpage said " I am in the trenches every day and the question I hear a lot has to do with financing." It also said " Ive been accused of being overly simplistic, and financing is certainly complex, but here is what I know about the situation now. Then the bottom fell out of real estate and whatever appreciation we had for the last five years was lost. In other words, you bought your house for 250,000 five years ago, it appreciated 5 a year, until this year when it was suddenly worth 250,000 again."

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