From: "John A. Weeks III" 
Newsgroups: misc.invest.real-estate
Subject: Re: House Appreciation Rates
Date: Sat, 25 Mar 2006 21:08:52 -0600

In article <1143310018.288278.308860@g10g2000cwb.googlegroups.com>,
 "mattnelms@gmail.com"  wrote:

> I am a first time home buyer who is looking to buy a small home or
> townhouse.  I want to have the option to sell in a few years, so I am
> trying to find something that can appreciate very well.  Does anyone
> have any advice on how to find out how much houses appreciate in a
> certain area?

There is only one way.  Pick a particular property, and ask
a realtor how much it is worth.  Then wait 5 years.  Then ask
the same realtor how much the same property is worth.  Then
do the math.

Beyond that, everything is speculation.  It is like asking
what the stock market is going to be or who is going win
the Superbowl next year.

For the most part, real estate is very high today.  It the
appreciation that you are looking for likely has already
happened.  Anyone who gets in now should be prepared for
a 10% to 20% pull back.  Over time, things will even out,
but if you are looking for short-term, then things are
pretty risky right now.

-john-

-- 
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John A. Weeks III           952-432-2708            john@johnweeks.com
Newave Communications                         http://www.johnweeks.com
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