Positive News For the Huntington-Ashland Metropolitan Area

As the housing crunch hits many areas across the country, there was some good news that could be realized from the annual Economic Outlook Conference hosted by West Virginia University on November 1st. George Hammond, a WVU professor and associate director of its Bureau for Business and Economic Research, spoke about the state of West Virginia's economy. As certain areas are seeing a decline in real estate values, Hammond mentioned our local area. According to Hammond's report, the Huntington-Ashland metropolitan area saw a slight increase in appreciation of home values between 2005-06 and 2006-07. The apprecation of home values increased from just over 4 percent to just over 6 percent.

This is very interesting news especially when you are constantly hearing about the housing meltdown or the bubble bursting. For further information on the Economic Outlook Conference, click on the following link http://www.herald-dispatch.com/homepage/x582738844.

If you have a topic of interest concerning the real estate industry or a question dealing with your home value, feel free to email me at todd@toddnelson.com .