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Camp Lejeune Jacksonville NC Real Estate Absorption Rates Jan-May
Monitoring the Camp Lejeune Jacksonville NC Real Estate Absorption rates for January to May 2012, is one of the best ways to measure the relationship between supply and demand in our area real estate market, particularly if you are Selling a Jacksonville NC Home Buyers are searching by price range and comparing ALL types of homes in that price range. It doesn't matter to a buyer whether the homes are new construction, re-sale, one story, two story, brick, vinyl, etc... On the Internet, buyers are looking at all available homes in their price range.
Sellers need more information than simply what other 2 story brick homes in their subdivision have sold for in the past 6 months to help determine the right price to be competitive in the current local market place, and an absorption rate chart provides additional information critical for sellers.
In the Jacksonville area, new construction homes continue to maintain their sales numbers while re-sale home sales numbers are down 18% over the same time period (Jan - May) of last year.
This downward trend is a continuation from 2011 and one that will likely continue through 2012 and beyond.
Before we take a look at the actual numbers ... more

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