nc north topsail beach nc: Does Home Ownership Still Make Sense For You?
- 08/18/12 03:54 AM
In the greater Wilmington, NC area, where so many homeowners are hurting due to falling house prices, folks are looking for and deserve anwers to the question that make sense. That our area home vales rose 60% between 2004 and 2007 didn't make any sense. That irrational growth meant a long fall and protracted recovery. We may be at the bottom but no one knows for sure. My message to todays buyer is be prepared to rent out your home if circumstances take you outside the area before appreciation kicks in again. I know that ours is an inherently transient area. Many folks come, fall in love, stay forever … (2 comments)
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Beverly Femia
Broker Realtor Stager - Greater Wilmington, NC Are
In the greater Wilmington, NC area, where so many homeowners are hurting due to falling house prices, folks are looking for and deserve anwers to the question that make sense. That our area home vales rose 60% between 2004 and 2007 didn't make any sense. That irrational growth meant a long fall and protracted recovery. We may be at the bottom but no one knows for sure. My message to todays buyer is be prepared to rent out your home if circumstances take you outside the area before appreciation kicks in again.
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