How is the market?

Our Market is steady in terms of price and we have excellent inventory to select from – sales have increased since 2009 but much of this has to do with what is selling and why. After a frenzy to get our buyers under contract before April 30, 2010 and closed before June 30, 2010, the market took a rest. Buyers sat on the fence immediately following the end of the tax credits. We did all we could to get the first-time home buyers and the repeat buyers under contract! Market statistics showed an improvement with these incentives but not what we would have thought. We still feel that we have good news to move our market! Now the market will be encouraged and incented by historically low mortgage rates coupled by some excellent price reductions in all classes of property. The government provided some incentives and now the sellers and the banks are doing the same although these will have a more lasting impact. How do the numbers stack up against 2009? The numbers speak for themselves – steady and similar to a year ago. Buyers should be prepared to jump into the market with both feet for some great buys.

Check out the Second Quarter Market report for more details.

Moore County Numbers -

Market Statistics 2nd Quarter

Market Trend Report

Sales for 2010 vs 2009

Pending Trend Report

Have you heard about?

FINE HOMES Digital Magazine - Prudential Gouger O’Neal & Saunders is proud to have a sampling of our luxury homes in the latest issue our own Fine Homes Magazine. We will be producing these digital digests on a regular basis and distributing them via the web and e mail worldwide! Our next issue will feature Farms and Land in Moore County.

Industry News - Despite an unsteady economy and the recent housing downturn, many Americans still value homeownership and consider it to be mroe than a simple fiancial investment, according to a recent Fannie Mae National Houseing Survey. Other findings…