Real Estate Review Wanted Share with Everyone- Great Article! By Chris Hardy: There is an old Chinese saying that states "The best time to plant a tree is 20 years ago; the second best time is today." The same can certainly be said about buying real estate. Historically, an investment in a home has provided a secure long-term appreciation opportunity. For example, an average home in Denver purchased 20 years ago has enjoyed a 250% increase in value during that time period (as calculated by the Office of Federal Housing Enterprise Oversight at www.ofheo.govThat astonishing figure doesn't include any potential income gains from renting, realized tax benefits from mortgage interest deductions, and/or depreciation of the investment. It simply states that if you bought a house in Denver in ...
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