Research the appreciation rates of single-family homes

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Reference no: EM13180209

Eric and Pamela may want to sell this house in 10 years or so in order to get a bigger house. They would hope that the house would appreciate to at least $220,000. Research the appreciation rates of single-family homes in your city, region, or state. Based on your research, do you think it is reasonable to expect this house to be worth $220,000. Justify your answer based on appreciation rates in your area.

Reference no: EM13180209

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