According to home-finance corporation, Freddie Mac, home prices in the
United States have climbed 6.2% a year over the
past 30 years. In the
period between 1983 – 1998, housing sales stayed relatively
constant representing fewer than 10% of the GDP (the economy) according
to Grant’s Interest Rate Observer. Then
housing prices
skyrocketed and at one point represented 17% of the nation’s
economy.
Now we have consumer-friendly mortgage rates, a volatile stock market
and an inventory and prices favoring buyers. The market in Brunswick
County has become a very attractive magnet for value buyers.
Investors:
In a sea of change there is opportunity.
Thanks for listening!
Allyn Heck, Broker/Owner
Three Rivers Realty
Southport, NC
www.ThreeRiversRealtyNC.com