So, the old rule of Location Location Location appears to be over, now the new rule is Price Price Price???
The latest statistics from the National Association of Realtors is showing that buyers are starting to warm up to the idea of buying real estate again, particularly with such great bargains out there and low mortgage rates.
There are reports that May 2008 was seeing a huge increase in the amount of sales activity compared to last year. Previous states which were posting decreases in home values are now poised to post massive increases in the level of home sales! Areas such as Florida, Texas and California are ready to see increases in activity.
Here in Central Ohio the market is stable and the area offers such a great opportunity for buyers as the local economy is healthy and the lifestyle is great for families and couples.
If you are interested in purchasing a home in the New Albany Ohio area or in any of the other surrounding Columbus Metro area villages the contact the Raines Group for professional Real Estate advice.