I may have to add one more tip to SDREALTORs comment stated as “The lower the price the higher the % gain”. I would first look at interest rate, if the interest rate goes up then the price will fall further much steep. Interest factor is going to play a variety of role in the comming era so the jump or bounce back. I would say, at one point the much appreciated are going to be two bedroom or small three bedroom houses (no matter independent or condominiums) much better yield than already top reached price of 2000 sft house in good community. Also don’t forget the split in the trend like few bought at very high prices and many more still hold older prices they just need only annual gain of 6% would enough. So, the bottom line is : there is no quick boundary lines in prices for a while until everything settles – which is another 5 plus years for sure.
