Tag Archives: distress sales

Home Sales No New Buyers Just New Suppliers

Home sales across America are fantastic. Inventories have dwindled down to just a 5.2 month supply according to the National Association of Realtors. New construction is so active that builders can’t find enough workers to keep up pace with demand reports the National Association of Home Builders. It is a completely different story in eastern North Carolina. Onslow County has an 11 month supply…

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Buying a Home in Carteret County

Buying a Home in Carteret County. Whether someone buys or not usually depends on the home prices. But this is a very diverse area so consequently the prices are very diverse too. Better known as the Crystal Coast our coastal region has everything from deep back woods to big beachfront properties. We’ve got city, rural and everything in-between. In addition the area is still righting itself from the storms of the real estate bubble…

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Mortgage Rates Spike Then Slide

Mortgage rates climbed at the fastest pace in two months last Friday, May 3 as a result of the just released “Employment Situation Report” for April. This report which is a product of the US Bureau of Labor showed that unemployment decreased by 673,000 since the beginning of the year. Good news in the job market tends to cause lending rates to increase….

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