Sunday, April 17, 2011

Quote of the Day: 15 years of house price appreciation "It's gone"

by Bill McBride on 4/17/2011 06:17:00 PM

"I bought my first house in 1996, a four-bedroom for $124,000, and I could probably buy that same house for $124,000. All the appreciation we've gained in the last 15 years, it's gone."
Chuck Whitehead, general manager for Coldwell Banker's Southwest Riverside operations, via Eric Wolff at the NC Times.

Earlier:
First Look at 2012 Cost-Of-Living Adjustments and Maximum Contribution Base
Summary for Week ending April 15th
Schedule for Week of April 17th