Winter 2012 Market Update
1700 listings on the market... BUYERS MARKET!!

Average Home Price $250,000 - View Graph Trend
Average Price Compared to Last Year Down 10-15%
Average Time on Market More than 120 days
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$600,000 - $649,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Increasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Fayetteville isNo Change
Seller Activity for the past 90 days in Fayetteville is?Increasing
Multiple Offers?Yes
Multiple Offers CommentaryIf Bank owned, the foreclosures are getting multiple offers.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?More than 50%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersYes... Call for details..
Housing Inventory Good supply - Some Prices
Greatest Activity Repeat Buyers
Reason to Buy/Sell Population Growth
Nearest Metro AreaAtlanta
Housing Hot SpotsHighgrove, Whitewater Creek, Edgewood, Horseman's Run, Jackson Estates, Goza Woods
Average Sold Price $250,000 - View Graph Trend

Fayetteville Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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Keller Williams Realty Atlanta Partners
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