Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate

Haywood County, NC – Real Estate Information – 03/25/08

The inventory of homes on the market in Haywood County, NC in March increased by 5% (48 homes) since March 1, 2008. There are 8 homes in escrow for the period of March 1 through March 25, 2008, and there are 1,026 homes for sale Haywood County this morning according to our MLS. The absorption rate as of today’s numbers is 22.36 months.

The Wall Street Journal featured an article this morning entitled “Wave of Foreclosures Drives Prices Lower, Lures Buyers.”

“A glut of foreclosed homes is starting to drive down U.S. home prices as lenders put more properties on the market and buyers show signs of interest.”

Here’s the link if you would like to read the WSJ foreclosure article.

Bucking the Real Estate Trend will keep an eye on the numbers so you will know when the buyers arrive in Haywood County.

Keep your eye on the Western North Carolina MLS.

See the Haywood County, NC – Average and Median Listing and Selling Prices over the past 14 months.

See the Haywood County, NC Closed Residential List-to-Sell Ratios 03/01-03/14/2008.

This entry was posted on Tuesday, March 25th, 2008 at 5:47 am and is filed under Haywood County Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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