Have you been thinking about "pulling the trigger", and purchasing a second home or your retirement house at the beach? If so, your timing could not be better!
As we wrap up 2007, Carolina / Kure Beach has seen 250 homes sell, along with 27 lots. Currently, there are 656 homes for sale on the island. While it remains a "buyers' market", the days are beginning to dwindle!
Of course there are still over-priced homes for sale, and these will sit on the market...and will not sell (in my analysis, about 50% of the homes on the island are not priced at fair market value).
That said, a good property, at a good price will get gobbled-up! As inventory and buyer choices decline, "seller power" will creep back into the market. This will be especially true for new home inventory as these seem to be most popular with out of town buyers.
If you are interested in additional information, please visit our website at: http://www.coastwalkrealestate.com/listings.asp, or you can call me direct at 910-352-0998.
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