While most people remember the price declines from the great recession, that was the exception, not the rule. The data shows home values almost always go up in the long run.
If recent home price headlines have you feeling worried, here’s some perspective. Home values almost always go up in the long run. And the long-term gains offset any short-term dips. Basically, if you plan to live there for 5 or more years, you should be able to buffer yourself against any short-term declines. Let’s have a conversation about what’s happening with prices in our market, and we’ll look at the bigger picture together.
