Archive for 'Market Information'

Strong Gain in Existing Home Sales Maintains Uptrend

For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million units in July from a level of 4.89 million [...]

July 2009 Market Update

Every month, we pull the market statistics from the previous month for our local area including New Hanover County, Pender County, and Brunswick County. As a buyer or seller, this information is important to know as it can give you an edge in today’s market. For more information on these statistics or Wilmington NC real [...]

Home Sales are Up for Three Consecutive Months

The National Association of REALTORS® announced yesterday that existing home sales are up for the third consecutive month. Regionally, existing home sales improved in the South by 4.0%, the highest increase second only to the West. The stock market rallied yesterday based on this positive news and the Dow broke 9,000 for the first time in six [...]

June 2009 Market Update

Every month, we pull the market statistics from the previous month for our local area including New Hanover, Pender, and Brunswick Counties. As a buyer or seller, this information is important to know as it can give you an edge in today’s market. For more information on these statistics, call one of our local offices [...]

The Real Facts of N.C. Real Estate

We came across this article with some great information about real estate in our state. HOMEOWNERSHIP · Nationally, the median existing-home price increase for all housing types from February to March was 4.2 percent, much higher than the typical 1.8 percent seasonal increase between those two months. · The National Association of Home Builders recently [...]