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Real Estate Blog

How’s the market in Greensboro?

It’s absolutely improving! Per the May figures, our average sales price is $175,157. That’s up 3.7% over May 2013. Existing home sales bottomed in 7/2012. Since then we have seen a 11% increase! The average for days on market is 103. We currently have approximately 7.2 months worth of inventory. (A balanced market is 6 […]... Read more

How’s the real estate market?

This is a question I get asked quite frequently. And since we know all real estate is local, the answer depends on where you live. Nationwide, sales are up to the same level they were at during the tax credit. However, we are at a 50 year low for new home inventory. Housing starts are […]... Read more

Does it really cost North Carolina home buyers less to close at the end of the month?

Many home buyers are told that in order to “save” on their closing costs they need to close their home at the end of the month.  Is this true?  It’s a bit more complicated than that.  Visit Greensboro Homes for Sale and Local Real Estate for more.... Read more

There’s never been a better time to buy…

The old adage, “the three most important things to consider when purchasing real estate is location, location, location” will forever hold true; even in this down market. Case in point: Stonehenge subdivision in Oak Ridge, North Carolina. Being practically the only neighborhood in the 27310 zip code that’s overall under $300k, real estate values have […]... Read more

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