In today’s real estate market it is always a nice welcome to hear some good news. Everywhere you look or turn there is someone telling us that there are massive problems with this, or a huge problem developing in that industry. Bad news travels really fast, but this post is doing something good. It is highlighting the good news that is currently happening as you read these words. There are some real estate markets that are blooming better than Spring flowers. In these real estate markets property values are seeing a nice steady rise. This is not just good news. This is great news for everyone. Anytime there is growth in a particular market that has seen such massive drops, it is a very good thing.
Pheonix, Arizona – This is one real estate market that has been battered worse than a child surrounded by bullies. There were massive foreclosures filed in Phoenix, and there were also some pretty steep property value drops. It looks like this could be changing. There has been a very slight increase in home values in Phoenix, and this is good news for everyone that is living in this metropolitan area.
Fort Meyers, Fl – That land that some say is nothing but a giant retirement community has also seen some growth. This is more good news for the real estate market in general. Home values in Fort Meyers have increased by as much as 3.7%. This may not seem like much, but when it comes to real estate any improvement is great news.
Morristown, Tn – Folks that are enjoying the southern life in the hills of the wonderful state of Tennessee will be happy to know that home values in their state have also seen a good increase. The was an improvement of as much as 5.5%. This is a pretty big improvement and great news for anyone that owns property in the great state of Tennessee.
That is a small amount of good news, but any amount of good news is better than all of the bad news we have been hearing.