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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Bald Head Island. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 910-470-2253
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| Average Home Price | $550,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 10-15% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $400,000 - $449,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Bald Head Island is | Increasing |
| Seller Activity for the past 90 days in Bald Head Island is? | No Change |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | when homes go into foreclosure and priced low we are getting 4 or more offers |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | mortgages 80/20 available to qualified buyers at low rates |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Many more properties are less expensive. Lot prices are where they were in 2002 |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Good economic news |
| Nearest Metro Area | Wilmington |
| Housing Hot Spots | Most cities within the Brunswick County area are considered 'Housing Hotspots' |
| Average Sold Price | $550,000 - View Graph Trend |
Bald Head Island Local News
News for Bald Head Island, NC - June 18th, 2010 10:34am
SUMMER SEASON IS HERE! So many new guests who had plans to vacation on the gulf coast are now changing their plans and vacationing with us on our beautiful island. Some great values in both lots and villas and small homes. Last month very busy with 20 offers for numerous homes/land, Please call to visit 910 470-2253, Mary Munroe
Contact Information
Mary Munroe
910-470-2253
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Mary Munroe
Mary Munroe Realty: Bald Head Vacations & Sales, Inc.
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 910-470-2253
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