Uncertain future, forgetting the past
Annarbor Appraisal
APRIL 9, 2020
This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. If prices had already started to level even with an extreme shortage of inventory, what will happen when the market unfreezes and buyers and sellers are free to move around again? What happens if it only tops 15%?
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