Appreciation: A Crash Course for Realtors

Over the past 6 months, you have learned the 6 of the 7 economic drivers of the residential real estate market. The seventh driver of our market is appreciation. (Missed the others or need a refresher? They are GDP, Federal Funds Rate, Interest Rates, Inflation, Unemployment, and Inventory).    What is Appreciation?   Appreciation, in…

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