BEST ANSWER
The Decatur area is a very viable real estate market (like the Huntsville, North Alabama area). Of course, like any market, location plays a large factor in the overall picture. With a window of 3-4 years, it makes a lot of sense to buy because the property will more than likely appreciate enough, especially when coupled with the tax advantages of ownership, to make your time in Decatur a profitable venture from a real estate point of view.
Resales are often hard to predict, but the general health of the economy in this area has been very good when compared to other areas. Our home inventories are actually beginning to decrease, because sales of "used" homes have shown a good growth since January and the upward trend appears to be continuing.
Welcome to the North Alabama area. I believe you'll enjoy your time here.
Tue May 5 2009, 13:52