real estate: Orange Co (Chapel Hill) NC- Market Report Year Ending 12/31/2009
- 02/25/10 05:47 AM
The real estate market in Chapel Hill and Orange County showed dramatic improvement in the fourth quarter with sales up 46.1% when compared to 2008. Much of this increase is attributable to the federal first time homeowner tax credit which was scheduled to expire November 30 before Congress extended and enhanced the program to include existing homeowners. This is evidenced by the fact that November 2009 home sales were more than double sales in November 2008, while in December closed sales were up only 6.7%. For calendar year 2009, home sales in Orange County ended down 10.6%. Sales through the first three quarters of 2009 were down … (0 comments)
The real estate market in Chapel Hill and Orange County showed dramatic improvement in the fourth quarter with sales up 46.1% when compared to 2008. Much of this increase is attributable to the federal first time homeowner tax credit which was scheduled to expire November 30 before Congress extended and enhanced the program to include existing homeowners. This is evidenced by the fact that November 2009 home sales were more than double sales in November 2008, while in December closed sales were up only 6.7%.
;)
;)
