I am looking to buy a new construction town home in Bridgeport, Pa. Are the chance good that this property?

Laura
Home Buyer
Pennsylvania

will appreciate over the next few years?

Answers (1)
Terrence Charest
Agent
Willow Grove, PA
FIRST ANSWER

If you are looking to sell the home in a couple of years, I do not believe that much appreciation will occur in that time frame. Most people purchase a home to live in for at least seven to ten years.

I speculate, that the market will remain somewhat slow through 2008 and perhaps into the first quarter of 2009 before returning to normal appreciation rates.

Sat Feb 9 2008, 20:07

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