Whether you’re looking for a long-term investment and want to make sure you’re not buying a money sink or you’re thinking about buying your first home, it’s important to choose the right property type. Right now, interest rates and housing prices are still high across the board, but some types of homes could lose value in the next 12 to 18 months or so.
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This could be good news if you’re a prospective buyer and want something affordable for the long term. But it could also be problematic for sellers and short-term investors alike. After all, plummeting prices means lower returns for both.
GOBankingRates spoke with real estate experts about the types of homes they expect to lose value by the end of next year. While these are only predictions and anything can happen, here’s what they said.
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This article originally appeared on GOBankingRates.com: 5 Types of Homes Expected To Plummet in Value by the End of 2025
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