by Calculated Risk on 4/17/2011 06:17:00 PM
Sunday, April 17, 2011
Quote of the Day: 15 years of house price appreciation "It's gone"
"I bought my first house in 1996, a four-bedroom for $124,000, and I could probably buy that same house for $124,000. All the appreciation we've gained in the last 15 years, it's gone."
Chuck Whitehead, general manager for Coldwell Banker's Southwest Riverside operations, via Eric Wolff at the NC Times.
Earlier:
• First Look at 2012 Cost-Of-Living Adjustments and Maximum Contribution Base
• Summary for Week ending April 15th
• Schedule for Week of April 17th