What does the five year trend look like in Cheyenne's housing market for percentage growth/loss in values in?

Jan
Home Buyer
Cheyenne, WY

housing in the 125 to 160 range?

Answers (1)
Tom Romero
Agent
80521
FIRST ANSWER

Hello, My opinion is that the market should be stable. More inventory than usual. But I have noticed in the last 15 years, homes still have been appreciating about 5% a year. Some years have been better of course. I have always looked at real estate as a longtime investment. Cheyenne is still having a low jobless rate. The pay is starting to be more competitive.
Lenders are being more strict on the condition of home financed. So getting the loans has been a challenge for some. Over all picture is good if your credit is great. Pre-approved buyers have the buying power. Good Luck

Wed Mar 19 2008, 22:59

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback