High Return on Real Estate Investment
Real estate usually appreciates 4% - 5% annually. This is a national average and does not take into account the following factors:
Your particular community or state real estate appreciation
Although the national average of real estate appreciation is 5%, your particular property may appreciate more or less. Where you live has a big impact on the appreciation of your property. For example, properties in growing areas may appreciate 10% - 20% while properties in other areas might appreciate only 1%.
Fluctuations in the real estate market
Like other markets, the real estate market also fluctuates. High growth periods could yield 10% - 20% whereas moderate growth periods may just yield 5%.
|