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nc: Existing Home Sales Rise, Inventories Fall - 01/26/09 12:58 PM
Today, the National Association of Realtor's announced that the sale of existing homes increased over 6.5% while existing inventories shrank.  Lawrence Yun, the chief economist for the NAR stated that home prices are falling and that "It appears some buyers are taking advantage of much lower home prices." 
Now this is good news and while time will tell, this could be the beginning of the end of the trough in sales and consequently, falling values.  With great interest rates, now IS the time to buy.
Check our company link and the video here:  http://wilmingtonrealestatehome.com
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nc: First Blog Post! Wilmington, NC - 01/21/09 02:35 PM
Hello and thank you for all the great information I have absorbed by reading through the posts.  I look forward to being able to provide some service to the Active Rain community as well as a benefit to clients or anyone interested in the Wilmington, NC area.  I have just started blogging so bear with me on my steep learning curve!
Wilmington, NC area is weathering the storm as far as real estate goes.  We are like most other markets--adapting to the reduced number of sales and in most cases, seeing a downward adjustment in prices.  Hopefully, we are seeing the end of this adjustment phase. 
I had … (0 comments)

 
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Chris Baynes

Wilmington, NC

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Coldwell Banker Sea Coast Realty

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