My Weekly Review of the Market
I want to start a new post for Fridays. Something short that talks about our Real Estate market here in Fayetteville, Hope Mills, Raeford and surrounding areas, that sums up rates and sales and tips on New Construction, Existing and Investment properties. Homes below $150,000.00 continue to move well. I received a call from a gentleman today who stated “It’s a buyers market”. I let him know that it depended on the price range. I listed a house for a family member last Friday and by Wednesday had 2 offers one that was full priced.
Don’t believe all thats in the news. We have 3 new construction neighborhoods we are currently working on to get developed and start construction. My advise has always been I want to be one of the first homes built in a new area, and it has paid off well for my clients from 3 and 4 years ago as we sell their homes because of orders.
Buyers have seen some deals in the upper price ranges - take your time looking around plenty of choices and options. The investment property remained the same. The good ones got offers quickly and the bad ones got price reductions. Please add any comments or questions to the posts, or contact me if I can help you in anyway.










