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November 26, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Brunswick County, North Carolina

Reported by Anne Arnold, REALTOR, ABR, CRS, GRI

Updated October 15, 2009.

Current Market Rating: 1



1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 1



1
2
3
4
5
Falling

Rising

January 1, 2008, through October 12, 2009

HOMES:

1/1/09-9/15/09: # transactions: 984
Active: 3432/ 246 Pending

LAND:

1/1/09-10/12/09: # transactions: 203

Active: 3886/ 38 pending

land loans are very difficult to obtain, and the major banks are not making construction/perm loans.

CASH offers are welcomed!

We continue to be in a very strong buyer's market. The inventory is good with new and previously loved homes available at great values. Inviting loans are available for residitial properties.

First home buyer incentives are available!

This buyer's market is truly the time for those who are looking to move to the coast! Don't wait too long and miss the opportunity! Our agents are prepared to consult with the buyer or the seller. We can provide a LIST of bank owned properties.

Whether you are buying or selling, for consutation and statistics, please call 910-842-5500.



ZIP Code: 284

Approximate Location Boundaries: North: Brunswick River;South: South Carolina and Atlantic Ocean

Location Characteristics: Brunswick County, North Carolina, nestled between Wilmington, NC, and Myrtle Beach, SC, offers the coastal environment, golfing, and beautiful vistas as well as many communities for choices in lifestyles and amenities.

FIRST TIME HOME BUYERS CREDIT $8,000! Time is running out!

Prices continue to be attractive, interest rates are down in the 5's!

Some oceanfront resort properties listed for sale are bringing gross income around the $100K mark! These are very good incentives for buying a property to offset some of the expenses of ownership.

Bank Owned properties are in the market. For a list of bank owned opportunities, please call 910-842-5500.

Don't forget to search the MLS at our website:
www.century21holdenbeach.com



For More Information:

View Market Conditions of other areas served by Anne Arnold

Navigate: Top > North Carolina > Brunswick County

About Anne Arnold:
I have been actively involved in the resort real estate market since the mid 80's and have seen the market continue to reap rewards for my clients. There is much joy in working in a market that not only gives my clients excellent returns on their investments but also to know that they are enjoying their time in this wonderful place by the sea. In October of 2006 I opened CENTURY 21 Anne Arnold to encourage others to work in a interdisciplinary team effort to bring all of the market opportunities to each type of buyer, whether it be a first time home buyer, resort, second home, investment or a large land tract purchase. We offer all levels of support to make the transactions smooth and a very happy experience. Welcome to my world!! The agents working with me are highly trained professionals who work in a changing market and understand where the values are.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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