ANSWERS: 63
  • Personally, Sir, mine has gone up like 30% in the past year. Can't speak for anyone else here, as I have no idea or their assessments.
  • I live in USA, Georgia, Atlanta where property values are down about 7%. The good news is that since I bought my house, the value is up 32%.
  • falling at a pretty fast rate,I hate to say it, but the house down the street won't sell at all, neighborhoods nice, just can't get a buyer.
  • Sort of rising but it really depends on the property. If it's old then it's going down. If it's bare land or new construction it's up a bit. I live in a rather job poor, depressed area but people from New York City or Long Island, like to have a vacation home up here so there is a market for them.
  • Rising here as people are moving in from larger towns and cities seeking a quieter place. Of course, this can only go on so long or we will become one of those larger areas.
  • I live in Nova Scotia, Canada. The property values here have risen dramatically in the last few years. Homes that were being sold in the $80000.00 range a few years ago are selling well over the $100000.mark now. I bought my current home 2 years ago and plan on getting $30000 more than what I paid for it, when I put it on the market this spring.
  • I live in S. Florida, the property values are falling more and more everyday.
  • falling drastically
  • In my area they are falling but not rapidly (Suburban Boston area.)
  • They are falling but not as fast as they were.
  • Falling ... unfortunatly... probably for another 9 to15 months
  • Rising :)
  • Starting to rise just a bit. (Midwest US) I worked on my house getting it ready to sell during the lull. Might have been successful: we'll see.
  • Rising slightly. Read about it before I moved there so I would come out on top.
  • Rising here.
  • Falling slightly.
  • Still falling but they are starting to level off. (Sacramento, CA)
  • Falling. According to the local paper, they dropped 3.5% last quarter.
  • They fell fast and hard, then they stayed stablew but low for awhile now they are fluctuating so fast again but mostly to the negative... There will not be an improvement here for a few years at least. *Yet the million dollar homes right around the corner are doing just fine and dandy!
  • They are falling about 20% and are figured to fall another 20%-30% after 2010.
  • Falling, any room at your place keithold?...:) (I'll bring beer yo...)
  • Five years, it was going up. Now it's stopped and new construction is selling for less. My home holds its value on paper, but if I tried to sell it, I wouldn't get near the amount of the bank loan.
  • Rising. Like 5 years ago wen my dad bought a house to rent, it was only like 30,000. Now houses smaller than that are like 50,000!!! Its def raising
  • Minnesota has not been as adversely impacted as other markets. However, we have not been immune either. Some areas, however, have begun to rise from their bottoms. This has presented an interesting buying opportunity to many investors and first-time home buyers -- particularly in "bad neighborhoods". Personally, my home has probably lost $50K to $80K in value from its peak.
  • here in our country, stocks and real estate are down as of this date
  • I live in Southern California and the housing market has taken a crash big time! I was in the real estate industry for 13 years...this is the worse I have seen.
  • Falling.
  • Falling.:)
  • In the immediate area, falling. Dramatically so.
  • falling like a parajumper
  • I live in Panama City, Panama. This seems to be one of the few places in the World that has not been too badly affected by the credit crunch. I hope this continues to be the case. I believe this is due to the fact that the real estate market here is not driven by tourism; the tourism industry drives real estate markets in many emerging real estate markets. I would contact http://www.knightsbridgeinvest.com for more information of real estate in Panama, there service is very good and they do respond to your questions, unlike many other real estate companies I had contacted in the past.
  • Falling, falling.. Those who bought a home in 2006 have less than 50% of their home's value now, making it IMPOSSIBLE to refinance.
  • Rising in a frightening way. And there are no rental properties to be found. The area where I live is in the middle of farming country where there have been bumper crops this year. Two ethanol plants are under construction. They are sinking holes for oil/natural gas and planning to put in a pipeline to move it out. And plans are underway to build a new potash (fertilizer) mine just ten minutes south of town. All of this is happening in a place with only 17000 people. When everything comes on line, the population will probably double.
  • The bottom fell out months ago and there is no end in sight!
  • Alan Greenspan once said that people expect to get back their total amount of their house plus interest and taxes that they paid, when they sell. That still applies to my area. Except, people want a little profit on top of that also. Greedy !
  • Oct 16, 2008. After a 20% fall condos on the beach in Ft. Lauderdale, seem to be flattening out in value. However, prices for identical apartments vary more than they did two or three years ago.
  • on the way down, 10% drop on average to date, no sign of a let up yet, talk could be up to 25% within two years if current trends continue.
  • So. Cal. is dropping at a scary pace! We bought almost 3 years ago and our home's value is down about (more or less) 50%!!! I believe that it is due to THOUSANDS of foreclosures in our county alone! I feel very fortunate that our income hasn't decreased, however, due to the decrease in value as well as the loan that we were sold, our payment has nearly doubled.... Shit has hit the fan in my area!
  • In india property market continuously booming.
  • Chicago Land Falling, but I hope they will show to be leveling off this spring.
  • Rising, of course. I own property on that island that's being formed off the coast of Hawaii
  • Value dropping and taxes going up.
  • Still falling, keithold. Your questions was asked almost a year ago when things were not so grim and liars/cheaters/thieves/criminals were scamming us. The fall continues and will probably continue through 2009 and even part into 2010 unless something causes the trend to change. Happy Tuesday! :)
  • down in the hole
  • In November of 1997 ; my home was appraised at $185,000 ... Just TODAY I got the new appraisal and it says $140,000 . I jsut can't believe my house lost that much value in one year ....
  • In the Phoenix area, prices are way down.
  • I live on the outskirts of Melbourne in Australia. We've been having a real property boom, but after so very long, homes closer to the CBD have become almost unaffordable. New freeways etc have seen the outer areas begin to appeal, and in turn, they're now being sought after, which has started another boom. We have a huge shortage of homes, especially rentals, so investors are buying up anything affordable for the booming rental market. Despite the Global Financial crash, Melbourne is the place to be for property investment, or even a reasonably priced first home, but you'd better hurry, because things are changing rapidly. The demand for new homes will be with us for at least the next ten years, which will only drive prices for existing homes even higher.
  • in California, they are falling.
  • Our area, east of Atlanta, has been dropping for the last couple of years. We have a huge foreclosure rate. There are new subdivisions everywhere with vacant houses and bare lots. I sold my house 3 1/2 years ago for $145k now it would only sell if listed around $100-110k!
  • Falling for 4 years. Haven't picked up yet. Midwest.
  • rising and rising due to the construction of over head bridge and under passes at the distence of 1 and 4 kilometer
  • Right now they, as of May 09, they are hovering. Declined about 20-25%. No upside for at least five years unless there is a big shift in the 2010 election. The fear about money was hammered home and hard during the election and isn't going away soon as the debt load on tax payers will only increase -- big time over the next few years.
  • Going up for tax purposes.
  • falling. A house in my neighborhood closed at $975,000, and they are selling it for $799,990. Ouch.
  • Increasing! I have hardly noticed real estate market prices falling over here. http://www.torontosuites.com/
  • Unfortunately they are falling. We just bought our home two years ago when they were higher and my husbands employer told us that his job here was stable. Last month they closed down his shop and want us to relocate where housing is sky high. We can't sell our home for what we bought it for. Times are tough these days.
  • rising,
  • I'm in Australia. I recently moved from country Victoria to Melbourne. I chose an area on the boundary of the Metropolitan area and rural Victoria. To my surprise, an outer ring freeway was announced and to add to this, an extension of an existing freeway was also announced to connect with it. Weeks later the extension of the Metropolitan rail network was also announced with two stations being planned near my new location. To add to my unbelievable luck, inner city prices had reached a stage where they were now unaffordable, so people began to look at the outer areas, driving prices up with their sudden but huge demand. With the announcement and beginning of construction of all of the above, people began to see these areas as so much more accessible due to the proposed new rail and road networks taking away the previous perception these areas were too far out. Besides these areas, prices seem to still be rising almost everywhere else in Victoria as well, though not as much as around here. I believe despite the spin surrounding a rising stock market, things are still a long way from recovery. I believe the stock market will move up and down for years to come as it's talked up and the profit takers move in and it falls again. This will happen over and over for years to come. I don't believe we'll see a quick recovery. At best it will still take years to fully recover. Unemployment will also rise again, good times are a long way off. Hold onto your money and trust no one.
  • It depends on who you ask. The county says the values are going up (higher base to tax). The real estate sales people say they are going down (what is really selling).
  • It really depends on your location. The best resource to tell you about property values is really a realtor. Jameson Realty (http://www.jameson.com) has some great resources on their website that will tell you about property values.
  • I am from Laguna Beach and here property rates are sky high. Although just recently a news was going around that luxury homes in Laguna Beach Real Estate are getting cheap but what I came across, Laguna Beach Homes are selling for record price. Laguna Realty is a premium market so that's quite expected here. http://www.lagunaoc.com/laguna-beach-homes-for-sale

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