housing market report: Home prices rose in more than a third of U.S. metropolitan areas...
- 02/16/10 07:05 AM
Forth Quarter Home prices rose in more than a third of U.S. metropolitan areas according to the National Association of Realtors (NAR), pointing to a "broad stabilization" in property values. Median price for single-family home sales was up from a year earlier in 67 of the 151 U.S. metropolitan areas included in the trade group's quarterly survey. Housing analysts say the home-price trend depends heavily on any recovery in the job market and on the pace of foreclosures. Click here to view Median Home Prices by Metro Area The national median price for single-family homes was $172,900 in the fourth … (0 comments)
housing market report: Direction Confirmed... Full Speed Ahead?
- 08/05/09 10:27 AM
Indicator confirms direction of housing market... The National Association of REALTORS reported that pending home sales are up for the fifth consecutive month. NAR's forward-looking Pending Home Sales Index for June indicates signed contracts rose 3.6 percent to an index level of 94.6 from an upwardly revised reading of 91.3 in May. This is significant because the last time there were five consecutive monthly gains was in July 2003. "Historically low mortgage interest rates, affordable home prices, and large selection are encouraging buyers who've been on the sidelines," says Lawrence Yun, NAR chief economist. "Market activity has been consistently stronger for lower … (0 comments)
housing market report: Is There a Housing Market Recovery Underway?
- 07/27/09 08:05 AM
The Wall Street Journal reported that new-home sales increased 11% in June from the previous month, the third increase in a row. Sales rose to 384,000 at a seasonally adjusted annual rate, the highest level since November, supplying fresh evidence housing is beginning to stabilize after falling off a cliff late last year. Year-over-year, new-home sales were 21% lower than the level in June 2008. In Moore County, NC area, we witnessed an increase from 56 homes sold in May at an average price of $226,197 to 84 in June at an average price of $251,602. Interesting to note that in June 08, … (0 comments)
housing market report: U.S. home market shows 'encouraging' signs | USA Today
- 07/25/09 05:17 AM
U.S. home market shows 'encouraging' signs | USA Today An article recently appeared in USA Today titled: "U.S. home market shows 'encouraging' signs" and goes on to say: Home sales last month rose 3.6% to a seasonally adjusted annual rate of 4.89 million properties with gains seen in all major regions of the USA, according to a report released Thursday, 7/23/09 by the National Association of Realtors (NAR). Hopefully the trend will be sustained and the nation will experience a full blown recovery. Read the article in its entirity or visit our website www.PinehurstRealEstate.us to obtain the latest Home Value information for the … (0 comments)
housing market report: North Carolina Real Estate... By The Numbers.
- 09/07/08 10:36 AM
The North Carolina Association of REALTORS recently reported... 71% Home buyers and home sellers that were completely satisfied with their real estate agent. Source: NCAOR - Consumer Reports Survey 72% Respondents who believe their primary home value has remained contstant or increased over the last 12 months. 126% Increase of FHA loans during the first quarter of 2008, compared with the same period one year ago. 20,000 Estimated number of miles a REALTOR drives in a given year. Source: Inman News 12.2 Million; Projected population of North Carolina in 2030, representing more then a 35% increase from 2007. Source: US Census … (0 comments)
housing market report: Moore County, North Carolina Housing Market Report for November 2006
- 12/28/06 04:28 AM
Housing Market Report: 01-Nov-06 through 30-Nov-06 there were 126 Single Family Home Sales reported with a High Sales Price of $2,100,000; The Average Sales Price $287,265 and the Low Sales Price $17,500. Average Days on Market was 143; During that time there were 165 New Listings entering the market with an Average Listing Price of $323,934. Visit our website PinehurstHomeTeam.com to download a printable version of this and other reports and check back often for updates. Moore County, NC is a pleasant town nestled among long leaf pines and is a mecca for American golf. Offering over 648 holes of golf … (0 comments)
We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.
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