Tag Archives: price

Foreclosure Rates Dive. Home Equity And Prices Should Climb

Year over year foreclosure rates have fallen by almost 30 percent. This is the largest decline in foreclosures since 2015. With the clearing of the distressed sale properties, home values and home equity should begin to rise. In North Carolina the foreclosure market is now just 0.6 percent of the over-all home sales market. The number of NC foreclosed homes is down 26.4 percent compared to this time last year. There have been a total of 15,186 foreclosed...
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Home Price Comparison Across North Carolina

Homes prices can differ radically between counties here in the mid coastal region of North Carolina. But how do we compare in price and market with the rest of the state? You might be surprised where the cheapest homes are and what market place is doing the best. The North Carolina Association of Realtors gathers monthly data from all of its participating multiple listing service (MLS) members across the state. The most recent data just released is for September. It showed that the average sold price...
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Home Prices and Sales Are Up

The differences between the local Carteret County and Crystal Coast real estate market compared to the national real estate market can be vast. Inventory seems to be the biggest problem but for different reasons. But two things are for sure. Sales are increasing and prices are rising. Is this the recovery we’ve all be anticipating? The National Association of Realtors® (NAR) just released their April data. It shows that existing home sales…

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