@le Roi, I don't know who "they" is. It was not me that's for sure so please do not associate me with anyone I have nothing to do with.
But I started writing in March 2012 that the market had turned a corner. If you private message me I can share links with you to those articles/charts and graphs and videos. But like I said "
The Spring 2012 market for Wilmington had 30% more transactions , prices went up and huge drop in inventory around 40%. Stevens Fine Homes had sold 270 homes this year as of couple week ago when I was negotiating with them"
this graph I don't think is linked to me in any way at altos research:
http://charts.altosresearch.com/alto...te=&startDate= The increase in home values is minor but combined with dramatic reduction in inventory + dramatic increases in demand (30% more transactions) you have stability and appreciation. A decent economy will continue the trends next year. Hard to imagine backsliding after such an improvement this year.
USDA loans are being scaled back...but they are still available in areas around Wilmington perhaps even parts of Leland. Graysons Park still has them for example.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
