8 GOOD REASONS TO BE BULLISH ON HOUSING
Posted by V.K. [Mel] Melhado PA on Sunday, February 27th, 2011 at 8:36am.
With the economy gaining strength and consumer confidence on the rise, there are many reasons to be bullish on housing and here are a few.
1. Housing always follows the job market and the job market is getting stronger.
2. Consumer confidence is nearing last year's high.
3. Pent up demand from young adults.
4. Historically, real estate has been a rather good hedge against inflation.
5. Higher rents and low interest rates.
6. Investor appitite remains strong.
7. The stock market...trading accounts are fuller then they have been in years.
8. Naples has become a world-class destination.
The Naples/Bonita/Marco real estate market continues to pick up steam for these reasons and many more.
V.K. [Mel] Melhado PA
Fine Home Specialist
Preview Naples Group
Downing Frye Realty, Inc.
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