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Charleston named as one of the best U.S cities to buy real estate in 2012

Charleston has been ranked the third most promising real estate market in the United States for 2012 by the website HousingPredictor.com.

The ranking was based on housing appreciation expectations for 2012. West Virginia is represented in the Top 25 three times. Huntington and Wheeling came in at 8th and 9th place respectively.

“As a state that has suffered with poverty and hard times for generations, West Virginia lands three markets on the best 25 list for the year as it benefits from newcomers moving to the state for its housing affordability,” the article states.

Tina Pepper, a Charleston based realtor, said the news is very exciting for buyers in the area.

“This information provides us a great tool to show our clients,” Pepper said. “Right now is a great time to buy a home because interest rates are still low and prices have not yet started to rise. It is also a good time to sell before the market becomes saturated with homes.”

To see the list and read the results, click HERE.

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admin in Announcements on January 16 2012 » 0 comments
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