Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

In the spirit of Black Friday and the holiday just passed, enjoy discounted prices in Hampstead, Wilmington and NC Beach Real Estate!
With the Thanksgiving holiday now fleeting, we will remember being bombarded with Black Friday sales pitches and we'll hear all the stories of crazy lines and pushy customers. And hopefully we won't hear of any more stampedes this year! In our real estate market, if there were a Black Friday-a time to buy property at discount-it would be right now. There are two main factors that in my estimation support this: First, prices in our Hampstead and NC Beaches markets have really dropped.  It's about supply and demand, and there is a huge supply, which drives the prices down.  Second, economic and real estate experts agree that in the spring of 2010 interest rates will increase (read this Article from the Wall Street Journal for details). The reason rates will go up, they say, is because the Fed has announced they will stop purchasing mortgage backed securities.  This will drive rates higher, which means less borrowing power and higher monthly payments if you wait until the spring to buy.  So if you're thinking about buying or selling in the Hampstead, Wilmington, or NC beaches area, you might want to consider now instead of waiting. 
Stephanie Gasparovic, Realtor®Stephanie Gasparovic & Associates is the ... more

__________________________________________________
Are you on The Rain? Grow Your Network!