Third Monday Market Update

 

Another slight increase in the number of listings has raised our Absorption Rate. At the same time, we have seen a slight rise in the number of properties that have sold, as well as the number that are under contract. The "Summer Season" has not started yet, but it seems that a few more people have begun the early stages of looking at real estate in our area.

 

Regards,

 

 

Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR, Top 10 Listing Agent for 2009
Direct 828-406-2134
Marc@CedarFallsRealty.com
Make sure your REALTOR is RE-MARC-ABLE!

 

 

SOLD...

SOLD
Great 3 BR, 2 BA home located along Pine Run Creek in Boone, NC. Large decks, tremendous privacy, and a flat yard. $219,900 Call 24 Hours Toll-Free 1-800-638-0613 ID# 1068

First Monday High Country Market Update

Home sales continue to stay slightly heightened. We just passed our year-to-date figures for 2009. This is a great sign for the slow recovery we are expecting. While our sales are up, and under contracts are also holding steady, we have another slight increase in the number of active listings. The slight increase has raised our current Absorption Rate. Prices seem to be holding steady, but that has more to do with sales slowly increasing for more expensive homes than it does for the market prices. We have seen that most sales are from homes that have given price incentives for buyers.

 

Regards,

 

 

Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR, Top 10 Listing Agent for 2009
Direct 828-406-2134
Marc@CedarFallsRealty.com
Make sure your REALTOR is RE-MARC-ABLE!