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Click on image to enlarge for better viewing There was a 25% increase in the Monthly Supply of homes from the June-July 2010 report. This large increase showed up mainly in Areas 3, 4, 5, and 7 with Areas 1,2, and 6 showing slight increases. Home sales dropped from 705 homes to 586 homes with…
We are starting to feel the effect of the tax credit ending for most of us on June 30th. Overall, the figures for the Onslow County real estate market showed a decrease for the 2 month period ending July 31. The current supply of homes increased from 4.8 months to 5.6 months. Click on the…
With the tax credit ending on June 30th and no extension of the June 30th deadline passed by the Congress until the last minute, homeowners were rushing to close by June 30th to make the deadline. This rush to close by June 30th and the normal busy sales cycle starting the first of June caused substantial improvement in…
Click on Chart to Enlarge The Jacksonville NC Real Estate Market definitely showed the effects of a vibrant market plus the effects of the Tax Credit ending April 30, 2010 for most buyers. The overall Absorption Rate showed a decrease in Housing Supply from 7.9 months to 6.1 months. Only one area, Sneads…
Click on Chart to Enlarge The Absorption Rate Rate Report for February- March Homes Sales shows an improvement in all areas of Onslow County Real Estate Market based on number of listings and the number sold the last 2 months. There was a slight increase in supply in 2 areas: Piney Green Area and Southwest…
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