I recently attended a meeting at the Greensboro Regional Realtor's Association. Our guest speaker was Dr. Don Jud of Jud and Associates. Dr. Jud is an emeritus professor in the Bryan School of Business and Economics at UNCG. To sum it up briefly the market is IMPROVING!
Yes you heard me improving. While it has not maybe translated to your everyday person selling their home the signs are starting to be noticed. For instance: Last year in 2010 at this time our absorption rate was 15.7 months. To explain the … (0 comments)
Here in Greensboro, NC personally I am very busy. I have gotten NINE new buyers in the last two weeks. Of those nine buyers in the last two days I have written three offers. We are still negotiating on all three. I am going out tomorrow with another one of the nine to pick the home they want to put an offer on. It is without a doubt a good time to buy in regards to the mortgage industry. Many home prices are way down because of the present market also. I also have … (9 comments)
business trends: Trickle Up Economy on the way in Greensboro, North Carolina!
- 08/16/09 02:05 PM
OK just wanting to verify that anyone else is noticing what is happening here in the Triad of North Carolina. I have been tracking the real estate sales numbers this year and while the volume of sales have fluctuated and actually been climbing the most interesting part is that the average sales price has been moving upward. Our trickle up has been that the First Time Home Buyers tax credit is actually doing its job. For those that have the foresight to look ahead there are of course all those sellers out there that have put their first home up for sale. … (6 comments)
Sneak Peek at Triad of NC 2010 Market Report
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