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Should you buy a home now, or wait and see if prices drop further?

Hello Bloggers, thanks for stopping by today. I have to smile because the news media just keeps gleefully churning out negative comments about my beloved real estate industry! But that’s OK; I can ignore the hype because I’ve seen it before. The media conveniently forgets that real estate has been the single largest wealth creator for countless thousands of Americans. I am not talking about a “condo scheme” in Miami, or jumping on a Californian house of cards. I still believe that the American Home, thoughtfully purchased with the guiding hand of a trusted Realtor as an adviser, will be an investment that will weather this economic current quite nicely.

By the way, we would love to be your trusted adviser to find the right home for sale in Raleigh real estate or Cary/Apex real estate. If a home sounds like an investment you’d like to make in this buyer’s market, click here to talk to us.

Here are 3 more facts to consider:

  1. North Carolina’s population rose 2% during 2008, making it the nation’s fourth fastest growing state.
  2. Three of the five best-performing real estate markets in the country for the first three quarters of 2008 were in North Carolina, according to Zillow.
  3. UNC-Charlotte’s Carolina Economic Forecast has predicted that growth should begin in the second quarter of 2009, with the gross state productivity advancing by 1.4%.

These are very encouraging facts I believe would give confidence to the market IF they were being reported. Please tell others! See you tomorrow for more great news about Raleigh and Cary real estate.

Thanks for stopping by, and God bless you and yours.

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