Re: Buying property...question?
Property is really dependant on location. A condo here in LA will appreciate just as quickly as a stand alone single family home. But the appreciation is totally dependant on where the property is and how the prices of comparable homes rise.
I'd suggest you find a good realtor for starters, and have him/her get you the recent sale reports on comparable properties and the length of ownership on the properties so you can see what's really going on.
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