Lake Norman - The Point Real Estate Market Report - Iredell County, North Carolina
Lake Norman - The Point, North Carolina - Iredell County

Market Commentary Provided by Monica Besecker

  Report Date   Fall 2009  
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Monica Besecker
Monica Besecker
Keller Williams Realty
Mooresville, North Carolina
704-724-6726
monicabesecker@kw.com
Agent Home Page
Keller Williams Realty
  Nearest Metro Area  
  Buyers’ or Sellers’ Market   More buyers than sellers
  Average Time on Market   More than 120 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $800,000 - View Graph Trend
  Best Selling Price Range  
  Worst Selling Price Range  
  Compared to Last Year   Down 10-15%
  Prices As % of Asking Price   85-90%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Lake Norman - The Point is  
  Seller Activity for the past 90 days in Lake Norman - The Point is  
  Is Financing Available For Qualified Buyers in Lake Norman - The Point?  
  Existing Home Prices for the past 90 days are  
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?  
  Housing Hot Spots   The Lake area.
  Reason to Buy/Sell   Other
  Average Sold Price   $800,000 - 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...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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