The 5-Year Rule for Home Prices
Are you worried about home prices dropping? Here’s the 5-year rule every buyer should know. If you plan to stay put for at least 5 years, history says you’ll likely have a buffer from any short-term dips. That’s because home values tend to rise over time. Even with recent drops in some markets, in most places, prices are still up considerably compared to just 5 years ago. That’s the power of the long view.
Let’s talk about what the latest price trends are in our local market – and what that means for your move.
Let’s connect to explore your options today. You can also call or text me at 908-304-4660.
Don’t forget to check out our latest market reports!
I’m Joe Peters, a twenty-plus-year real estate agent with Coldwell Banker Residential Brokerage. I work with people that want to buy or sell a home (or both) in Hunterdon or Somerset County, NJ. Clients rely on me for in-depth market and neighborhood insights and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.
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