I've been meaning to post this for a while now and am just now getting around to it.
Zillow, had some great information posted recently about the best and worst performing markets in the nation. North Carolina is looking very well amongst the rest might I add. The figures which are for the first three quarter of 2008, were based on the average drop in home-values nationwide which is around 8.4 percent. (Thats about a $1.9 trillion dollar loss in home-values nation wide) :(
So...whats the good news? (Well at least for those of us in NC)...
All of the top-five worst performing markets for home-value changed were found to be in California, while three of the five best performing markets were in North Carolina!! The top five best-performing were Jacksonville, NC (+ 4.9%); Winston-Salem, NC (+ 4.1%); Anderson, SC (+ 3.5%); State College, Pa (+3.4%) and Burlington, NC (+ 3.1%)!!! How great if that! Now, if the media would just tell the rest of the world about this so we could motivate some buyers...and potential sellers!