FALL, FALL, FALL; the first week in October has brought us cold weather (at least colder than we were prepared for). Sales for our MLS continue to increase and home sales are tracking to surpass 2007. Today is the final day for HomePath loans, as they currently exist, which will impact values in our market. This has also forced banks to try and move their shadow inventory a little quicker.
The average sales price has also taken a little dip over the last few months, some of this is due to the push to rid the market of shadow inventory. But, to end on a much better note, I have noticed a larger number of primary and secondary home buyers in the $300,000-600,000 range than I have in the last few years.
*For a copy of the most recent Market Update (NC High Country Market Update 2014-10-06), please don't hesitate to call or email me at any time.
Regards,
Marc White
Broker In Charge/REALTOR
Realtor of the Year & Best of the Best 2013
Cash Realty & Cash Custom Homes
Call/Text 828-406-2134
Search 1,000s of Homes Instantly at www.MarcWhiteHomes.com
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