08-06-2011, 09:07 AM
quote:
Originally posted by DanielP
Interesting stats,Cat. By those numbers, I figure if you use 2002, a $100,000 house then would now be worth about $162,000.
http://www.youtube.com/watch?v=nGeKSiCQkPw
Dan
Yes, I am getting just about the close to the same number so overall, you are up +60K. If you adjust for inflation that $162K, would have been $134K in 2002, or still a appreciation of $34K, or 34% over 8 years (or around 4+% a year which is not by any means incredible but better not negative even adjusted for inflation.)

