Watch the news for any length of time and you are sure to be reminded that home values are falling faster than a lead balloon. If you were thinking of buying a Charleston, WV home, this current state of affairs may have you second-guessing that decision.
Home values may be dipping right now, but you should remember that buying a house is a long term investment and that all markets are cyclical.
The Charleston, WV home market is also fairly stable compared to the national average and not prone to the extreme high and lows others experience.
A recent 2011 National Association of REALTORS report states that those who own a home in the Charleston, WV area see a positive gain in equity in a little over three years, while the national average does not see a gain in equity until after at least nine years of home ownership.
Above national average home affordability coupled with unheard of mortgage interest rates equal a great time to buy a Charleston, WV home!
If you are ready and financially able, I would be more than happy to assist you in your home search. Please call or text me at (304) 741-4705.
ABOUT THE AUTHOR, Dale Samples:
Image: Nutdanai Apikhomboonwaroot / FreeDigitalPhotos.net