Where housing is headed

Discussion in 'Discussion Group' started by ncmom, Nov 27, 2007.

  1. ncmom

    ncmom Well-Known Member

  2. hinkypuff

    hinkypuff Well-Known Member

  3. dangerboy

    dangerboy Well-Known Member

    no, but it's a national magazine. since the raleigh "metro" market includes its surroundings, one could reasonably extrapolate similar numbers for the outlying areas.
     
  4. MamaApe

    MamaApe Well-Known Member

    I find this article slightly misleading. It seems they are comparing Raleigh, and other similar markets to the same scenarios of highly over inflated markets. North Carolina continues to be listed as one of the underpriced markets in the nation when our infrastructure, jobs, schools, etc. is compared to those of other states. Raleigh and surrounding areas have continued to have a steady inflation rate and should not be in much danger of massive property value losses. Other major metropolitan areas are suffering right now because they have had a huge inflation balloon that has just burst. I do not compare markets in Raleigh to those of LA, Florida, DC, etc. Just my 2 cents.
     
  5. MamaApe

    MamaApe Well-Known Member

    Typically over building will contribute to lower priced homes due to a larger supply of homes on the market. Some areas could be considered "over built" where as others areas are due for more construction. The homes that are being built are typically being sold which means there is still a steady demand.
     

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