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Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.
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Common Terms 1 Common Terms 2
Phonetics: ap·pre·ci·a·tion \ə-‚prē-shē-ā-shən\
An increase in the value of a property due to changes in market conditions or other causes. In 2008 it became clear that the availability or lack of availability of credit single handedly effects appreciation more than any other factor.
Definition 2: Thesaurus / Related Terms
The opposite of appreciation is depreciation.