These are important markets to keep your eyes on. They’re beginning to stabilize to the point that investors can jump back in and uncover excellent bargains.
1. Jackson County, Oregon. This blazing market has now cooled down enough for investors. More inventory and choices plus a bright future predicted three to five years from now. [tag-cat]Investors[/tag-cat] can take their pick.
2.[tag-tec] Nashville[/tag-tec], TN – Prices have remained stable but there are still bargains, especially in East [tag-ice]Nashville[/tag-ice]. You have to know what you’re looking for. It’s very much a [tag-cat]rehabber’s[/tag-cat] market.
3. Raleigh, North Carolina- Sellers are now offering incentives as the bidding wars have finally died down. September’s MLS shows over one third of homes in the area already discounted.
4. Louisville, KY – There is a predicted increase in inventory over the next few months. More choices means the market will tilt in favor of the buyers. Look for better deals to come.
5. Kauai and Maui, Hawaii- Only about half the amount of homes were sold in September, 2006 as compared to September, 2005. Speculators have moved on leaving big inventories. Even though prices have been high there is a good chance large numbers of stale [tag-cat]houses [/tag-cat] will change that.