Market Conditions in 29582>Question Details

Scwannab, Home Buyer in 29582

Where is NMB real-estate headed next 12-mos? Do people believe worst is behind? Future of NMB in high-rise condos Vs traditional Single Family Home

Asked by Scwannab, 29582 Mon Sep 27, 2010

Where is NMB real-estate headed next 12-mos?
Do people believe the worst is behind? Are jobs returning to NMB?
What is the future of NMB: in high-rise condos or in traditional Single Family Homes?
With recovery what is expected to come back faster?

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Answers

1
We are in the recovery process a good indication is that the condo market has improved greatly. This is always a good sign in the recovery of our market. We still are a good buy as prices are recovering slowly , however they are a bit higher than they have been for the past few years.
Single Family Homes are and continue to recover. Typically at a faster pace than Condos.
While recovery is taking place it is still a buyers market see the link below:
http://www.calculatedriskblog.com/2012/09/nahb-builder-confi…
0 votes Thank Flag Link Thu Sep 20, 2012
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