YES.  There are areas (subdivisions) right here in central Ohio that sale prices have increased as much as 10% in the last two years!  It is a great time to buy, IF you purchase in one of the areas that are experiencing appreciation.  What makes prices increase?  Demand.  When there are more buyers than sellers, prices go up.  When there are more sellers than buyers, prices go down. Pretty simple really.  

I believe it is better to buy a home needing TLC in an appreciating area than to get a fabulous “deal” on a nearly new bank owned home in a depreciating area.

Think about this a minute.  If a subdivision has a lot of foreclosures, is that an area that has high demand? If it had high demand, wouldn’t the house have sold before the bank repossessed it? 

Sacrifice square footage, newness, fancy fixtures, even a basement if you have to, to get the most important amenity affecting value …LOCATION.  Looking to buy this year?  All this info is available to you when you choose me to be your Realtor.