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A reader asked if we’ve seen any change in a home buyer’s ability to secure financing. The majority of our real estate activity in Moore County since the first of this year has focused on homes in the $150,000 – $300,000 price range. I can’t recall one instance where borrowed money was hard to come [...]
Today a reader asked, “Do you have any thoughts on how the stimulus bill will help home sales due to the tax credit for first time home buyers?” As long as the banks actively promote the $8000.00 tax credit and the interest rate environment stays stable (where it is), and the downward pressure on “list” [...]
Bill Sahadi, CRS, of Fore Properties talks about selling a home (home sales) in today’s market in the Pinehurst and Southern Pines area of North Carolina. It’s a buyer’s market and sellers need to make sure they have reasonable pricing expectations. Fore Properties is in Southern Pines, North Carolina. If you’re relocating, give Bill a [...]
