Rising home prices have also bumped up stock prices for builders, like KB Homes and Toll Brothers. This has investors eyeing the stocks of all sorts of home companies such as appliance makers, building materials, flooring, paint and pickup trucks, as well as home improvement companies.
Investors expect building and remodeling trends to rise as the economy continues to improve and low mortgage rates fuel demand for both new and existing housing.
Home prices are rising, and investors think a shortage of homes on the market will make home prices rise even more. Even so, they say more buyers will be making deals or wanting to invest in their homes.
In Wilmington, NC home prices are rising along with rents and investors interest in the area. When looking for homes or investment homes in Wilmington, NC, expect higher prices and tighter inventory. Call me and I will help you find and manage an investment property.