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Market Trends
Commentary Provided byAllen Lomax Now is an exceptional time to buy a home in Waynesville. Low rates with depressed home prices makes a home purchase NOW a better value then we have seen in many years! Although no one can predict with 100% accuracy whether or the bottom has been reached most market analysis indicate that prices are stabilizing and sells are on the rise. Call now for more information at 828-226-0506 |
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| Report Date | Spring 2010 | ||
| Nearest Metro Area | Asheville | ||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | More than 120 days | ||
| Market Trend | No Change | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $200,000 - View Graph Trend | ||
| Best Selling Price Range | $150,000 - $199,000 | ||
| Worst Selling Price Range | $300,000 - $349,000 | ||
| Compared to Last Year | Down 5-10% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Greatest Activity | First Time Buyers | ||
| Buyer Activity for the past 90 days in Waynesville and Hazelwood is | Decreasing | ||
| Seller Activity for the past 90 days in Waynesville and Hazelwood is | No Change | ||
| Is Financing Available For Qualified Buyers in Waynesville and Hazelwood? | 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 communities within the Haywood County area are considered 'Housing Hotspots' | ||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Waynesville and Hazelwood! Over time stable market with minor fluctuation. Stable communities, good schools, health care accessible, cultural activities, outdoor activities. | ||
| Average Sold Price | $200,000 - 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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Allen Lomax
Keller Williams Realty - Waynesville/Maggie Valley Waynesville, North Carolina 828-226-0506 allen@allenlomax.com Agent Home Page 
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Waynesville and Hazelwood Local News
News for Waynesville and Hazelwood, NC - Tuesday November 24th, 2009 7:55am
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