| Market Commentary Provided by Jessica Lutz and Valerie Allison If you can qualify, now is an exceptional time to buy a home in Highland Creek. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Jessica @704-249-0500 or Valerie @704-662-4321 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Jessica Lutz and Valerie Allison
Keller Williams Realty Mooresville, North Carolina Jessica @704-249-0500 or Valerie @704-662-4321 highlandcreek@agents.househunt.com Agent Home Page |
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| Nearest Metro Area | Charlotte | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | No Change | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Inventory Comments | A varity of all types of homes and price points. | ||||
| Average Home Price | $225,000 - View Graph Trend | ||||
| Best Selling Price Range | $150,000 - $199,000 | ||||
| Worst Selling Price Range | $500,000 - $549,000 | ||||
| Compared to Last Year | Down 5-10% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Multiple Offers Commentary | The homes that are receiving the Multiple Offers are either in great condition and priced well or short sales. | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Highland Creek is | Increasing | ||||
| Seller Activity for the past 90 days in Highland Creek is | Increasing | ||||
| Is Financing Available For Qualified Buyers in Highland Creek? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Most cities within the Cabarrus County area are considered 'Housing Hotspots' | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $225,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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