The statistics tell the story regarding the once highly touted Queen City real estate market. In August of 2009 (the most current data available from the Carolina Multiple Listing Service), closings were down 10% from August of 2008, with only 2,221 of available 24,842 listings closing. That ratio indicates a minimum of 11 months of inventory on the market. Sales prices were also down 9.2% to $209,245, while list price was only down 5% from last August.
In a continuing effort to bring the readers of “A Bird’s Eye View” the most compelling content possible, we are proud to announce two new groups that will be joining us here at the Roost Blog.
First is the “Roost Mommy Blogger Network” that will be bringing us a unique perspective to the happenings in their neck of the woods. Stories will include anything from discussing schools to insights into great local restaurants to buying and selling a home.
So like everyone else, I’m pretty sick and tired of all the constant negative talk about the real estate industry that the media seems to spew on us on almost a daily basis. It really gets to me when they make huge sweeping generalizations about the real estate market across the nation. So with the help of some of my close real estate friends, I thought I would provide a glimpse into some local markets to see how the “feet [...]