After you read the below article I posted in 2012, jump on forward to this:

Investing: then and now

… so said Time mag back in July 2011. Click the photo to check their logic.

I wouldn’t have called out the buyers quite so quick, but now I’m bullish on buying. Why now ? Here’s a couple Detroit area articles showing recent price movements.

BTW, nationally, the big increases are right now happening in the areas that took the biggest hits….no surprise in that, to wit: Miami, Detroit, Arizona, LasVegas…etc.

• Home prices rise in Michigan, across U.S. in September over 2011 levels 9/2012
  

• Home prices rise in Detroit, across U.S. | Michigan Business | Detroit … 11/2012

  Hot Foreclosure States

  States with the largest % of savings based on September 2012 avg. sales price vs. avg. foreclosure sales price.

  State	Foreclosure Savings
  Kentucky	50%
  Massachusetts	48%
  Michigan	48%
  Connecticut	45%
  Illinois	45%
  Ohio	44%

  Select State:
  Michigan Cities with the highest increase in quarterly average home sales prices based on the last two calendar quarters, updated Nov 2012.

  City, State	Avg. Home Sales Price		Quarterly % Change
  Lansing, MI	$70,417		37.05 %
  Otsego, MI	$125,500		36.02 %
  Rockwood, MI	$157,702		32.01 %
  Ecorse, MI	$15,238		31.90 %
  Spring Lake, MI	$174,808		31.41 %
  Eaton Rapids, MI	$119,000		23.94 %
  Twin Lake, MI	$105,474		21.64 %
  Milford, MI	$255,177		21.16 %
  South Lyon, MI	$237,061		20.25 %
  Davisburg, MI	$237,600		18.72 %