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Updated over 10 years ago,
Property Values Cycles Knowledge.
For SFH, in what cycle are you in your farm area? What factors have you conceded to make such determination?
Below some knowledge to share:
Property values rise and fall due to recurring life cycles of development, stability and decline.
The development phase of the cycle is also known as integration. This phase is a period of growth, expansion, and rising property values.
The phase of stability, also called equilibrium, follows next. During this phase, growth ceases, and property values level off.
Then finally comes the phase of decline, or disintegration, which is the time when deterioration sets in, and property values fall. In time, the cycle starts over with a new phase of development.