Posted by Andy-MI on February 12, 2000 at 16:58:15:
Hi, folks.
You people are absolutely awesome. You inspire me, make me jealous, and very curious.
What I wonder is this: Is my estimate of 5% appreciation per year a legitimate estimate for my own house? It’s located in a very good area (rapidly developing 'burb).
Any thoughts would be appreciated.
Thanks.
Andy “Wishing I could be in Atlanta nursing my beer tooth with the rest of these fine folks”
Each area is unique. The library(call the reference desk) or past issues of your Sunday paper with the Real Estate section should have appreciation info. See if your local paper is online. A local realtor can also be helpful.