Currently the Crystal Coast real estate market has a 9 month supply of residential homes for sale. 6 months is considered a normal, stable market. Nationally the housing market has a little over a 5 month supply according to the Wall Street Journal. All of this is great news considering Carteret County had a 3 year supply of homes just a few short years ago.
Tag Archives: crystal coast real estate market report
Crystal Coast. Big news in real estate mortgage rates came at the end of the month of May. The average 30 year fixed mortgage rate hit a yearlong high at 3.99 percent. The last time 30 year rates were that high was May 2, 2012 when it was at 4.02 percent. Ironically last year’s figure marked an all time low for mortgage interest rates….