|
When
the
supply
of
available
houses
is
greater
than
the
supply
of
buyers,
appreciation
may
slow
and
prices
may
even
fall,
as
happened
in
the
early
eighties
and
the
early
to
mid-nineties.
If
you
are
lucky
enough
to
purchase
a
home
during
a
slow
period,
you
can
be
reasonably
certain
the
economy
will
begin
to
show
strength
again.
At
times,
real
estate
values
may
even
surge
drastically.
In
many
regions
of
the
country,
this
is
precisely
what
occurred
in
the
late
eighties
and
nineties. |