Although life at Smith Mountain Lake has remained good it would be hard to miss the fact that our economy is struggling in some ways. (And some reading this will think that is an understatement.) But Forbes says that for the first time in several years the housing market may actually be making somewhat of a comeback!
That is certainly good news for folks in the market to sell or buy real estate at Smith Mountain Lake or anywhere. Forbes offers 4 signs they believe indicate that housing market is improving. Things like the balance of supply and demand, lower likelihood of foreclosures, etc. And they quote CoreLogic (one of the largest databases in the world on real estate, etc.) Report Data to back it up. Very encouraging stuff even if you are not planning to buy or sell at the moment.
If you would like to read the full article you can check it out at Forbes by clicking here.