“HOUSE PRICES ARE CURRENTLY GOING UP” !!!… This according to analysis done by Morningstar, Inc., and independent investment research company founded in 1984. On May 23, 2011 they detailed…… “long story short, the news flow regarding residential prices is set to take a turn for the better in the coming months” and “the data is showing solid gains: 2011 is likely already ahead of 2009’s seasonal bounce” whose results benefited generously from government stimulus. Back in February of this year, The Wall Street Journal advised us that “housing prices will probably bottom in 2011” and that investors with cash are buying up houses and condos; investors are betting on a rebound. Locally, The Island Packet, earlier this hear headlined “Across Beaufort County Vacation Homes Sales Are on the Rise.” Sellers, take heart; the future seems bright. Buyers, get out there and invest in your future!!!
Blog written by Marguerite Carver GRI, CRS