Tuesday, November 13, 2007
Till now real estate investing seems to be the best single investment one can make and for investors this must be exciting real estate investing news! Today, home ownership is a long-time investment which has a track record that is almost unmatched by any other purchase in terms of its benefits. It's known that, home owners today have combined nearly $11 trillion in equity in their houses, against from which they can borrow to pay for their medical expenses, school/college tuitions, etc. When considering the facts, it's easy to see why this year about 5.5 million people choose to buy a house.
According to the latest S&P/Case-Shiller house price statistics, for twenty of the country's biggest metro markets showed 4.4 percent year-over-year decline. A closer check of the data shows that on average, these same markets appreciated in value by more than fifty percent over the last five years.
According to the latest S&P/Case-Shiller house price statistics, for twenty of the country's biggest metro markets showed 4.4 percent year-over-year decline. A closer check of the data shows that on average, these same markets appreciated in value by more than fifty percent over the last five years.
0 Comments:
Post a Comment
<< Home