Thursday, August 24, 2006
Dyersburg market not in slump!
I have been reading news headlines how the real estate market is really slowing down. Many people will read or watch this and decide that it is true and then will contribute themselves to a perceived slowdown or actual slowdown(by not buying real estate). I have decided that most of the news we see or read is not true but fabricated to make money.
Now as far as the Dyersburg market, our fundamentals are still good with factories at full speed. Also, with the announcement of the new factory coming, that should add to the demand on the labor market which will ultimately push wages up.
I have however noticed a little slowdown in new construction. After studying this, I have decided that this slowdown was caused by a lack of affordable lots.
With the new home slowdown this puts more upward pressure on prices and demand of single family homes.
There are still some good bargains out there and with a good realtor to guide you, the buying process will go smoothly. We are very busy here at Carousel Realty but never too busy to assist you with all your home buying and selling needs.
Now as far as the Dyersburg market, our fundamentals are still good with factories at full speed. Also, with the announcement of the new factory coming, that should add to the demand on the labor market which will ultimately push wages up.
I have however noticed a little slowdown in new construction. After studying this, I have decided that this slowdown was caused by a lack of affordable lots.
With the new home slowdown this puts more upward pressure on prices and demand of single family homes.
There are still some good bargains out there and with a good realtor to guide you, the buying process will go smoothly. We are very busy here at Carousel Realty but never too busy to assist you with all your home buying and selling needs.
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