answersLogoWhite

0

No one answer- appreciation (or DEPRECIATION) rates are a local affair. At one time, 10% a year was the average rate for this area, however, the real estate market was stagnant for a couple of years. Economic problems brought on foreclosures, and the sales prices declined sharply- with some going backwards.

User Avatar

Wiki User

15y ago

What else can I help you with?