The Catawba Valley Association of REALTORs™ data for our four county area's Non-Foreclosure Properties indicates a continuing drop in sales volume for the ten months of 2011 relative to 2010 and 2009. Since 2010 was impacted so heavily by the tax credit program, 2009 is used for the base year.
For Catawba County the reduction in volume was 19.9 %.
Median Prices for the whole four county area dropped 7.3 % when comparing 2011 to 2009.
Given current active listings of 975, Catawba County has approximately 17.4 Months of Inventory available- which is a positive reduction from the earlier data. Like most areas in the country, Catawba Valley is a Buyer's Market.
Active listing within the Catawba Valley MLS may be viewed at www.alexrooker.com
Approximate Location Boundaries: The Catawba River and Lakes Hickory & LookOut to the north; and Lake Norman to the east.
Location Characteristics: Catawba County has four main towns: Hickory, Newton, Conover, and Maiden. I-40 runs east / west; Hwy 321, Hwy 127, and Hwy 16 run north / south. Three lakes border the county, Lakes: Hickory, LookOut, and Norman.
The economy is shifting away from manufacturing due to the "China Effect" with retail, medical, and restaurants leading the rebound. Governmental Employment is increasing.
A temperate climate affords four seasons without drastic changes. A 45 minute drive to Asheville or Blowing Rock ( both on the Blue Ridge Parkway) results in temperatures some 10 degrees cooler- a welcome treat during summer months.
About Alex Rooker:
Some agents specialize in a neighborhood, or price range. My specialty is bringing a business perspective to client needs. Licensed as a Broker since 1973, I emphasize Marketing and Negotiation for Seller Clients. For Buyer Clients, attention is placed on Educating them on the market, Evaluating the prospective purchase, and Negotiating the deal.
These efforts are supported by a Business Degree from UNC-Chapel Hill with a focus on marketing and my Certificate in Management Accounting, earned to illustrate a competence in financial evaluations- particularly needed for complex comparables.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
