Think Before You Buy

What is Appreciation?

January 22, 2010

What is Appreciation? Appreciation is an increase in the value of an asset, in this case real estate,  over time.  Driving factors that may cause the increase are:  increased demand or weakening supply, or as a result of changes in inflation or interest rates.  This is the opposite of depreciation, which is a decrease over time.  Obviously the Boise [...]

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Think Before You Buy: The Homebuyer Tax Credit is a Bonus, not a Reason

December 3, 2009

Some Home Buyers are making a purchase just because they can get $8000.  Is this a good enough reason to buy a home?  There are many benefits of home ownership and last time I checked a one-time $8000 bribe was not one of them. A while back I posted a video about the first time [...]

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