The Long View

Although many people cringe when they think of what happened to their real estate investments, including single family owner occupied homes, from 2006 to early 2012, let’s look at the long run as reported by the well respected Case Schiller National Home Price Index. Rismedia, a daily real estate news letter, reports that when one looks at housing prices from 2000 to the present day, you see a 66.8% increase in value, that includes the down time of the real estate recession. ­­Couple that with the fact that that increase in value is usually tax free and will remain so up to $500,000 for the average couple, even when they do sell and realize the gain, and there is no other single investment one can take advantage of that even compares! It is easy to let short term losses cause an emotional response which far out lasts the reality of the situation. Real estate is again rising at a sustainable rate of just over 4% and has been doing so since early 2012 and when you do look at the long run, it is a the best investment one can make in addition to providing a home and lifestyle for you and your family. See the article I have posted on my web site, Mnhomesbydave.com, under the Real Estate News tab. Thanks for reading and please contact me with any questions.

David Feerhusen

David Feerhusen

Broker/Realtor, CDPE, GRI, CRB
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