I think Virginia is most expensive and fast growing area where I live.
I just bought a house for 365,000 (only built in 1995) and now it is valued at 435,000 (we only live in this house for 6 months) We were told the value increases 70,000 a yr...
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Ewww... that isnt fair....
I will never never never buy an old house after people living it for that price.
It is sad that the value increases after people live in there and move.
The prices should decrease.... depend on how old the house is....
Just like the car... who would buy an used car after people driven it and value increase??
Yeah the used car's price would decrease cause it is used up.
And the house should be like that.
Why not?