We hope everyone had a great Christmas and is looking forward to 2008.
Because we talk so often to sellers and investors of multi-family real estate, we at Deaton tend to struggle with the plethora of national reports about the fall of the real estate market that consistently fail to distinguish the primary home market from the investment sector. Real estate, over time, remains one of the best investments a person can make. When values fall, savvy investors realize it's on sale.
One of our local newspapers recently published an article that speaks to the resiliency of the Triangle real estate market in relation to the more widespread trends. It's worth the read.
Relative to this, NuWire published a nice post about the makeup of mortgage rates.
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You can contact me with my email that is posted on my page under contact me.
Dave Yearwood
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