A stabilization in prices has occurred. That doesn't mean that appreciation has stopped in all areas. It hasn't. You're just going to see more modest increases, at best. |
In today's market, [rapid] appreciation can't be counted on like it was a year or two ago. If you're buying a home for that reason, don't buy it. |
The peak of the housing boom is over. Now we're in a stabilization period. The figures are still very good compared to historical levels. This is just a market that's cooling. |