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Archive for May 29th, 2008
Price Appreciation in Condos versus Single-Family Homes
Author: fiona05 29th, 2008
Going back about 50 years, the rule of thumb was that when prices went up, condos were the last to appreciate. When prices fell, they were the ?rst to go down. That’s changed.
Today, in many parts of the country, condominium price appreciation is faster than for single-family homes. Indeed, in many areas condos sell quicker and for more money per square foot than their single-family counterparts.
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