Thursday, August 18, 2022 / by Liz Dobbins
All New Within the Past Year in Glendale AZ 85303!
Single Family Home
2 Full Bathrooms
Interior: 1,516 sqft
Lot: 6,786 sq ft
Year Built: 2001
MLS #: 6416060
6267 N 69th Drive
Glendale, AZ 85303
My Home Group
Listed by: My Home Group
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3 Bedroom Home for Sale in Glendale AZ 85303 | $399,000 | Glendale, AZ
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Buyer failed to qualify. His loss is your gain. Close to The Glendale Entertainment District, Tangier Outlets, State Farm Stadium, The Crystal Lagoons Island Resort, the 101 Freeway and grocery shopping. Don't miss the b1 ...
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Sunday, June 19, 2022 / by Liz Dobbins
Home Price Deceleration Doesn’t Mean Home Price Depreciation
Experts in the real estate industry use a number of terms when they talk about what's happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what's happening with home pricesand where experts say they're going, here’s a look at a few terms you may hear:
Appreciation is when home prices increase.
Depreciation is when home prices decrease.
Deceleration is when home prices continue to appreciate, but at a slower pace.
Where Home Prices Have Been in Recent Years
For starters, you’ve probably heard home prices have skyrocketed over the past two years, but homes were actually appreciating long before that. You might be surprised to learn that home prices have climbed for 122 consecutive months (see graph below):
As the graph shows, houses have gained value consistently over the p ...
housingmarketupdate, home price deceleration