Is the Housing Market Turning?
Posted by Red Sky Realty Group on Thursday, December 22nd, 2011 at 9:11am.Continued good news is seen from the housing industry. From FoxNews - Rise in home building suggests industry turnaround - Economists now say 2011 will be the first year since the Great Recession began in 2007 that home construction will have helped the economy grow. Before this year, the industry endured two of the worst years ever. "Homebuilding is through the worst and is now steadily improving," said Paul Diggle, a property economist at Capital Economics.
Numerous recent articles are pointing to a turn in the housing industry. A positive month of December would be a great aid towards continuing the trend. In our experience we are seeing an increased number of buyers on the Outer Banks and Greenville.
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