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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bonnie Bear who wrote (15685)4/8/1998 9:29:00 AM
From: RealMuLan  Read Replies (2) of 94695
 
Bonnie:<<USA Today has a big article about how real estate prices have
gone up 15% across the nation "with no signs of inflation".

This is true. I am located in Madison, WI. And here the worth of residential housing rose around 9% every year for the last 10 years, especially in the last 3-4 years, averaging 13%-14% up. For most of the ordinary people, the only difference makes for them is higher and higher real estate tax, somewhere around 3.3%, even higher than a lot of surrounding areas of Chicago or LA.

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