Thursday, September 13, 2007

Here’s what’s new in the world of real estate:

The real estate market activity during this month seems to be leaps and bounds ahead of last year for buyers. According to the NRRAR Multiple Listing Service, 187 homes have come on the market as new listings in the last 30 days. At the same time, 148 homes have sold. Potential buyers shouldn’t wait. With a strong buyers market, combined with nearly all-time low mortgage rates, now’s the time to get a great deal on your dream home. Anyone considering buying a home, you need to sit down with your lender, get pre-qualified and then call me. The market is HOT! Let’s go to work.

So far this year we have seen about a 10% decline in total unit sales this year compared to last year in Craven County. Considering last year was a record year and all the negative publicity in the news media our market has continued at a steady pace.
This information is courtesy of the NRRAR and George Pfannenstiel, Broker, WEICHERT, REALTORS - Olde South Associates georgep@weichertoldesouth.com

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