Home Values...
As the proud owner of a home in Salem, the following news was both surprising and encouraging, courtesy of Zillow.com
Home Value Trends in Salem
According to Zillow's latest Home Value Report, home values in Salem decreased 0.7% in the first quarter of 2008, compared to the first quarter of 2007. Nationally, single-family home values decreased 7.5% while condo values declined 9.0% during this same period.
Sad that something that has traditionally been a solid investment is kind of struggling, happy that our random city is 10x better than the national average.
WEIGH IN