Tag: Depreciation

What Are the Experts Predicting About Home Prices?

By Prestige Waterfront Realty Posted in Market Trends On Jun 24, 2020

The current economic recession and worldwide pandemic has had a big effect on the nation an its consumers. As a result it is very difficult to forecast and predict consumer behavior and how home prices will be affected. In a normal scenario, this would be determined by a formula. Supply of homes for sale divided […]

Are Home Prices in 2020 Expected to Appreciate or Depreciate?

By Prestige Waterfront Realty Posted in Economy On May 11, 2020

There is no question that the housing market has been affected to some degree by the pandemic that our country is experiencing. As a result, some potential buyings are questioning whether home prices are expected to appreciate or depreciate. The price of any commodity is determined by the market’s supply and demand. Every month the […]