ProVega
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http://www.redfin.com/WA/Bellevue/10044 ... ome/253189 Bought in 2007 for $750k Flipped and started asking $950k It is now down to $620k WOW - Just wow...
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Historically, over the long term on average, home prices appreciate at the rate of inflation. Supply and demand creates variances in this, but generally speaking think the rate of inflation.