Welcome

Welcome to Heather Vandermyde's Real Estate Blog......

I hope you enjoy the weekly real estate updates. They will come in the form of videos,statistics,pictures, and text. Please check back weekly to find out the latest! Thanks for stopping by! If you know anyone interested in buying or selling real estate on the outer banks please let me know.

Wednesday, May 4, 2011

Light at the end of the Tunnel?

Is there a light at the end of the tunnel? Historically when the number of sales increase there's a lag period of flat or declining prices then 11 to 18 months later - prices start to increase.  This is too short a window to predict but if we string a few of these types of months along together -
http://www.usatoday.com/money/economy/housing/2011-04-28-pending-home-sales-mortgage-rates_n.htm

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