6 Reasons Causing Property Prices to Go Down
There are many factors that influence the price of a property. Through time, we have seen the value of a property fluctuates. And of course, we have to look at the fundamental supply and demand for a property. That includes the economic condition of the area, jobs, availability of mortgage funds, improvements in neighborhoods and the house itself. Let’s examine the factors that influence the price of a property.
The Economy If jobs are scarce in an area or underdeveloped, values of property will fall.
Posted by Danny Ko on Wednesday, March 23, 2016