When the supply of available houses is greater than the supply of buyers, appreciation may slow and prices may even fall, as happened in the early eighties and the early to mid-nineties.
If you are lucky enough to purchase a home during a slow period, you can be reasonably certain the economy will begin to show strength again. At times, real estate values may even surge drastically. In many regions of the country, this is precisely what occurred in the late eighties and nineties.
Do you have additional questions?
Please complete the following form for a prompt response:
By submitting this form with the telephone number you are consenting for Brooke DeVries and all authorized representatives to contact you even if your name is on a Federal or State “Do not call List”.
Thank you for submitting your information. I will be in contact with you by phone or email.
Return to: Corvallis MT Real Estate