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What is the chance that the properties you purchase today will appreciate or depreciate over the next few years? PMI Mortgage Insurance monitors and studies this information. PMI uses information on past house price growth and variables measuring local employment and unemployment, as well as local income measures and interest rates etc. to scientifically forecast property appreciation and depreciation.
PMI publishes a report of their findings that is a must read for any real estate investor. You can read their report online at http://www.pmigroup.com/lenders/eret.html
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