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Greensboro, NC Real Estate Market Report
Greensboro, NC Real Estate Home Report:
The following Greensboro, NC housing data was retrieved from the Triad MLS on March 5, 2010 and focuses on Greensboro, NC Single Family Real Estate Home Sales in February 2010. 
The numbers for February indicate a sluggish home sale market.  With only 105 single family home closing in Greensboro, this data shows the market being more than 15% off from the same month last year.  However,  homes going under contract (pending) in Greensboro have increased by 25% when compared to 2009 for the month of February.  Last but not least, new listings are up by 28%. 
All of these factors make this the ideal time for buyers to get off the fence and purchase.  Not only are interest rates at an all time low, there is a huge selection of homes and a tax credit from Uncle Sam, which makes home buying a sweet deal for qualified buyers.  There is also every reason to believe that interest rates will climb in the very near future and stay elevated.  For more information on interest rates, see my blog What's the Deal With Mortgage Rates?
Active Homes for Sale:
The number of Greensboro Single Family homes for sale:  2,428
Median Price: $159,900
Average DOM (Days on ... more

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