Articles tagged with: home renovation
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By now, we’ve all read about how foreclosures have dragged down property values across the nation.
The math involved is pretty simple – if a bunch of properties are foreclosed and dumped on the market in a given area, then the lower prices those properties bring will lower comparable sales figures. As a result, the market value of homes in that area – and the community, in some cases – will also decline.
Here in Arkansas, we’ve seen some property values drop for a number of reasons. There is, of course, the …