For our Friends, Customers, and Clients...here are some stats to assist you in understanding what's happening in Wilmington, N.C. housing wise the last 2 months for which stats are available (i.e., Sept. and Oct.).

Housing Conditions:

Total Units... Sold in Sept. 396   Sold in Oct. 447   (+ 12.9%)

Average Sales Price... Sept. $264,340   Oct.  $237,998   ( - 9.9%)

Median Sales Price... Sept. $185,000     Oct.  $187,500   ( + 1.3%)

Total Dollars ...   Sept. $104,678,770     Oct.  $106,385,203  (( + 1%)

DOM  ...    Sept.   135                         Oct . 143  

New Listings ... Sept.  886              Oct .  861   (-2.8%)

My Analysis: Credit markets must be watched as underwriting guidelines continue to tighten. Units continue to sell, with the assistance, presumably,  of the "First Time Buyer Incentives" and Investor demand. Home Builders having some difficulty competing with the supply of resold homes on the market, creating excellent buying opportunities for Buyers ready to act now!

 

Living at Carolina Beach is now Affordable!
11/08/2009
share
Joe Pascal | 5 Star Real Estate | request more info | 910-297-5139 Carolina Beach Ave, North, Carolina Beach, NC Send to Friend This Condo has what you need… more
Great Executive home in Rivers edge, Wilmington, NC
11/08/2009
share
Windchime Drive, Wilmington, NC Send to Friend Rivers Edge. Like new. 4BR, 4Bths. All brick. Screened Porch. Private backyard backs up to Nature Preserve.. Granite, Hardwoods,… more
13 Single Family Homes in the Wilmington, NC area have just been Sold…
10/26/2009
share
Attention Buyers, don't miss out on great opportunities to Purchase your next home. 13 Single Family Homes in the Wilmington, NC area have just been Sold. wrar. rapmls. com more
Here's what you can buy in the Wilmington, NC area for $300, 000…
10/26/2009
share
Looking to Purchase a home for $300, 00. Here's what you can buy in the Wilmington, NC area for that price. There are 19 homes for your consideration. Many have been substantially reduced! wrar. rapmls. com more
Buyers are actively seeking 3 Bedroom homes in the Wilmington Area…
09/03/2009
share
When we have Buyer Clients visiting Wilmington, Carolina Beach, Mayfaire, Kure Beach, or Brunswick County we try to emphasize the opportunities for fun and learning experiences here in the Cape Fear region while they are searching for… more
CONTACT CONGRESS TODAY ABOUT THE $8000 TAX CREDIT EXTENSION AND…
09/03/2009
share
Call to Action Real Estate Professionals are keeping their fingers crossed that conditions in the housing market are stabilizing, marking the end of a slump that has reduced home building to its lowest level since 1940. However, we will soon be… more
Home Buyers should seek out Buyers' Agents for New Home purchases.
08/29/2009
share
If you are planning to l ook in Wilmington, NC for new homes for sale you should know where and how to find the deals. Not all new homes are readily apparent without knowing a few tricks. The most forgotten about thing to remember first is… more
Buyers are actively seeking 3 Bedroom homes in the Wilmington Area…
07/25/2009
share
When we have Buyer Clients visiting Wilmington, Carolina Beach, Mayfaire, Kure Beach, or Brunswick County we try to emphasize the opportunities for fun and learning experiences here in the Cape Fear region while they are searching for properties… more
Tips for Negotiating a Mortgage Deal
07/07/2009
share
Getting a mortgage loan these days can be a slow and frustrating experience. Here are some things that buyers should know as they go through the application process: Ask for the "Good Faith Estimate" early It won't be released until it is… more
 

Joe Pascal

Wilmington, NC

More about me…

Joe Pascal - 5 Star Real Estate - Serving Wilmington, N.C.

Address: 4607 Franklin Ave, Suite 110, Wilmington, NC, 28403

Office Phone: (910) 313-0027

Cell Phone: (910) 297-5139

Email Me

Joe Pascal's Facebook profile



Links

Archives

RSS 2.0 Feed for this blog