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The Mungo Companies » Myths About Home Buying » Forecasts and projections say otherwise

Forecasts and projections say otherwise

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During these current economic times, you should think of your home primarily as a place to live, not as an investment. And staying in a home for at least five years will make up for any future decline in value.

According to CNN and the latest Real Estate forecasts and projections for 2009, prices for new homes in Columbia are expected to rise by about a half a percent, prices for new homes in Raleigh will remain unchanged, and new homes in Charleston are expected to decline less than one percent.

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