Orlando, FL (PressExposure) May 22, 2007 -- With rapid migration to southern states the property market has been slow to adjust pricing accordingly, reports BuyVacationCondos.com & LANDDepo.com. The market is now seeing a rapid increase in investment among real estate property investors who are looking to capitalize on an upsurge in consumer demand; as they wait on valuations to take an inevitable move upwards.
Doug Lasley, President of BuyVacationCondos comments: "the key to profitable and secure investing is having both a firm understanding of the factors that influence the market, and being aware of the likely direction of those factors. In the case of North Carolina the facts speak for themselves; migration to southern states is at an all time high and the market is yet to respond. With the shift in the demand curve, and the obvious diminishing supply that followed, pricing is the natural influencing factor to regain equilibrium. I believe this will happen gradually over the next few quarters, and I am very confident we will see some highly impressive exits from savvy investors who managed to capitalize on the opportunity."
With the largest migration south in history North Carolina is now made it into the United States Top 10. Consumers are buying vacation homes in the area, businesses are investing in vacation homes, people are retiring there and more work opportunities are now being created in the state causing the migration to spiral. The demand is such that property development companies are selling out of their current developments much quicker than they could have expected, allowing them to be less conservative with pricing when they move onto their next project.
With the rise in demand Doug Lasley, President of BuyVacationCondos explains how investors should be capitalizing on this opportunity: "I would say investors who are looking to make a quick exit should look towards the bigger cities if they are going to be making their move soon â they will be able to reach liquidity at the highest margins quicker using that approach. Despite that, mid to long term investors should be considering areas in and around the major cities because rapid appreciation is yet to filter though, meaning that one should expect strong and continued appreciation for the foreseeable future at the kind of rates the cities are experiencing at this moment."
Doug Lasley http://www.BuyVacationCondos.com P.O. Box 692526 Orlando, Florida 32869, USA