Buyers: what price corresponding to the year would you be ready to buy?
Forget about the current zEstimates. If you look up a property on zillow and click "zEstimates & Charts," you can see its value graphed over a 10 year period.
For Florida, the graph peaks at 2006 for 250k and is currently around 210k. Keep in mind, the graph does not account for inflation.
What price corresponding to the year would you be ready to buy?
Made up example: House A is currently priced at 450k but you are waiting for it to fall to 350k (2005 price level) before you would consider buying.
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