As the subprime market continues to take a strong toll on our economy I believe it's safe to say we won't see a dramatic change in th upcoming season. With some states losing 20% in property values we have remained blessed with property values in North Carolina as a whole up 4% from 2006. By far not even close to what we've seen in the past but I can not complain. With Holden Beach offering such a diverse inventory of real estate our market continues to move. The "median" price range has become the slow area & of course the "low" price range continues to lead with a steady stream.
As the fed fights back & forth with interest rates credit these days is still the main issue holding back all the potential buyers. Every one is excited about president bush with his subprime recovery plan but theorist only predict it to eliminate 5% of the problem.
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