Things that impact a home’s value are a bit of a mystery to those not employed in the real estate or finance industries. Sure, some of them are obvious, such as a location within a strong school district.
Others, though, aren’t quite so obvious. Let’s take a look at some positive and negative events and conditions that can impact your home’s value.
It took the confluence of several events to create the perfect storm in the real estate market when the bubble burst. When all was said and done, homeowners in the U.S. lost over half the equity in their homes.
There really is no way to protect your equity if another bubble comes along. Thankfully, there’s no sign of one on the horizon.
Speaking of the…