Educated Investors do not buy emotionally. How then do they know when and where to buy property?
Several factors determine real estate prices. For instance, if a market has high unemployment rates, the local economic conditions are depressed, and interest rates are high, the real estate market will flatline along with other sales of goods and services.
Here is a list of factors that influence and drive the real estate market and prices:
Every city has historic numbers for appreciation rates – typically, the value of real estate increases over a long-term basis.
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