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nashville: Local Market Improves - 01/02/09 01:03 PM
Our local Real Estate Market has improved over the last few months. I'm not jumping for joy, yet, but we have seen an improvement none the less. Bargain hunters snatching up foreclosures, home owners who pulled their properties off the market, and buyers starting to enter the market helped shrink out local inventory of available homes for sale to its lowest point since March 2008. Total listing of homes for sale declined 5.1 percent in December compared to November, according to figures compiled from the Rocky Mount MLS. Total listings at the end of December are a mere 1 percent higher
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nashville: Tis The Season! - 12/24/08 06:52 AM
This holiday season, as we share in the spirit of giving and enjoy familiar Christmas traditions, we have the opportunity to reflect on how fortunate we are to live in this great Nation. We also remember our brave men and women in uniform, many of whom will spend the holidays far from home. We are grateful for their service to our country, and for the support and sacrifice of their families. May you and your family have a safe and joyful holiday season and a prosperous New Year.
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nashville: Rocky Mount, North Carolina Area - Market Statistics for November 2008 - 12/09/08 05:49 AM
The following are indicators of the Greater Rocky Mount Area Real Estate Market. These statistics were gathered from data contained in the Rocky Mount MLS system and predominately cover Nash and Edgecombe Counties in North Carolina. Active residential listings totaled 1066 properties. This is a decrease of 32 properties, or 2.9%, from 1098 in October. Inventories typically rise in the fall as the number of buyers dwindle heading into the winter. Newly listed properties totaled 128. This is a decrease of 36 new listings, or 21.9%, from 164 last month. Sold properties totaled 60. This is a decrease of 28, or 31.8%, from last month's
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nashville: Another Firm Disappears - 12/08/08 09:35 AM
Last week I reported that the local Prudential Franchise went out of business. Unfortunately, it looks as though a second firm in as many weeks has been forced into memory. This morning it was published that that Team One Real Estate has closed its doors. This was a highly productive and experienced local team that broke out a few years ago and opened their own office. The economy, housing market, and credit freeze continues to take its toll on our business. I wish that the individual "Team One" members land on their feet. David C Recker, Associate Broker, Realtor ® licensed
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nashville: Local Inventories Improve - 12/03/08 12:41 PM
Bargain hunters and home owners who pulled their properties off the market hoping for better days down the road helped shrink the inventory of available homes in November for the second month in a row. Total listing of homes for sale declined 2.9 percent in November compared to October, according to figures compiled from the Rocky Mount MLS. Total listings at the end of November were less than one percent higher than they were in November 2007 in areas serviced by the Rocky Mount MLS. Demand for housing slowed in November and pending sales were also down. Two months do
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nashville: Market Statistics for July 2008 - 08/12/08 06:28 AM
The following are indicators of the Greater Rocky Mount Area Real Estate Market. These statistics were gathered from data contained in the Rocky Mount MLS system and predominately cover Nash and Edgecombe Counties in North Carolina. Active residential listings totaled 1086 properties. This is an increase of 30 properties, or 2.7%, from 1056 in May. Inventories typically fall this time of year as buyers take advantage of large inventories and the summer moving season. However, this did not happen. Newly listed properties totaled 178. This is a decrease of 16 new listings, or 8.2%, from 194 last month. Sold properties totaled 81. This is a decrease
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nashville: Price it Right - 06/10/08 06:34 AM
Part of the reason so many houses here in the Rocky Mount area stay on the market for so long is that they are over priced. There are many reasons why Realtors list homes that are over priced but that's not the topic of this post. I want to stick with the benefits of pricing your home correctly from day one. Click Here to read the rest of this article. Visit David C Reckers website, www.NCRealEstateWeb.com, and Blob www.NCRealEstateWeblog.com for more information about Dave's services, service areas, and local information.
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nashville: Housing Inventories Hold Steady - 05/14/08 08:49 AM
The supply of homes available for sale in the Rocky Mount Area MLS has held steady for the last five months. Total listing of homes for sale increased 1.1 percent in April compared to March, according to figures compiled from the Rocky Mount Area Association of Realtors Multiple Listing service (RMAAR MLS). When comparing April 2008 to April 2007 you discover a 3.2% decrease in available residential inventory. Is this the beginning of a local recovery? I don't know. The factors behind these numbers are that new listings are down as sales continue to slow. Big inventories are persuading sellers to
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nashville: Rocky Mount Area Housing Supply - 11/16/07 07:57 AM
All Real Estate Is LocalOne of the key factors experienced Realtors consider when pricing and listing a home is the current housing absorption rate. The absorption rate is critical in determining an areas housing supply because it is based on what is actually happening in the local housing market. Sellers are bombarded with locally irrelevant information from the various news media. These reports tend to be national, state, or regional in nature. Although it is always good to know and understand what is happening around us, these trends tend to have minimal impact on the local real estate market. Current Housing
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nashville: Rocky Mount, North Carolina Area - Market Statistics for October 2007 - 11/14/07 06:40 AM
The following report is provided as a public service by David C. Recker, Realtor, RE/MAX Point East, Rocky Mount, North Carolina. The following are indicators of the Greater Rocky Mount Area Real Estate Market. These statistics were gathered from data contained in the Rocky Mount MLS system and predominately cover Nash and Edgecombe Counties in North Carolina. Active residential listings totaled 1053 properties. This is an increase of 12 properties, or 2%, from 1041 in September. Inventories can rise during the fall and winter months because of slower sales. Newly listed properties totaled 195. This is an increase of 1 new listings, or 1%, from 194 last month. Sold
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nashville: Search Homes for Sale in Rocky Mount, North Carolina - 08/20/07 07:34 AM
Looking for homes for sale in the greater Rocky Mount, North Carolina area? Visit www.NCRealEstateWeb.com to view homes for sale in Nash, Edgecombe, and Wilson counties. This site also offers volumes of local information, information specific to buyers and/or sellers, mortgage calculators, and much, much, more. Please visit www.NCRealEstateWeb.com and return as often as you like.
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nashville: Market Data - Rocky Mount, NC March 2007 - 04/13/07 08:17 AM
The following report is provided as a public service by David C. Recker, Realtor, RE/MAX Point East, Rocky Mount, North Carolina. The following are indicators of the Greater Rocky Mount Area Real Estate Market.These statistics were gathered from data contained in the local MLS system and cover Nash and Edgecombe Counties in North Carolina. Active residential listings totaled 1039 properties. This is an increase of 95 properties, or 9.2%, from 944 in February. This housing increase is typical for this time of year as sellers prepare for the Spring market. Newly listed properties totaled 265. This is an increase of 77 new listings, or 29%, from 188
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nashville: Rocky Mount, NC Area Real Estate Market Report for February 2007 - 03/21/07 08:35 AM
The following report is provided as a public service by David C. Recker, Realtor, RE/MAX Point East, Rocky Mount, North Carolina. The following are indicators of the Greater Rocky Mount Area Real Estate Market.These statistics were gathered from data contained in the local MLS system. Active residential listings totaled 994 properties. This is an increase of 28 properties, or 2.8%, from 966 in December. This housing increase is typical for this time of year as sellers prepare for the Spring market. Newly listed properties totaled 188. This is a decrease of 86 new listings, or 31%, from 274 last month. Sold properties totaled 89. This
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David Recker
Rocky Mount,
NC
More about me
Connect Realty - http://www.NCRealEstateWeb.com
Address: 923 Eastern Ave., Nashville, NC, 27856
Office Phone: (252) 442-2687
Cell Phone: (252) 467-3185
Email Me
Commentary, market information, and general musings on topics effecting the Greater Rocky Mount, North Carolina and surrounding areas. Published by David C. Recker, Associate Broker, RE/MAX Classic Realty
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