Newsflash: Home lost value over 10 years?

We are about to sell our home that we have owned since 2008. We purchased the home built in 2006 for 122,000. Now the realtor is saying we should list it for 119,000 but should expect to sell the home in the 116,000 range. How is it possible that the home has actually lost that much value over 10 years. At t homes supposed to be investments long term?

Read more at https://www.reddit.com/r/RealEstate/comments/6eqslx/home_lost_value_over_10_years/?utm_source=ifttt

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s