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02-12-2008, 11:42 AM #1
Fixer Upper
- Join Date
- Feb 2008
- Posts
- 22
What factors lead to increase in house prices
Can some tell me what are the factors that leads to increase in house prices in the market? I live in the Sacramento, and heard that houses in the area went up a few years ago because of the number of demands, which those high # of demands results from people moving in from the bay area and increase of immigrants (especially Hispanics). What are other factors? Your response would be appreciate. Thank you in advance.
Steve
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02-12-2008, 04:06 PM #2
Condominium
- Join Date
- Jan 2008
- Location
- Apollo Beach, FL
- Posts
- 340
Its basic economics...When the supply is low, and there is demand for that area the value will increase. When the supply is high, value and demand will decrease.
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