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Archive for September, 2006

Real Estate Technology More Important

Posted by Moderator on September 27th, 2006

We are constantly amazed at the number of real estate companies and agents that do not utilize modern technology. To some, a fax machine is “modern”. If they have a website (notice we say “if”) it is poorly managed and not visitor friendly.  They do not realize how important real estate technology has […]

Large Homes More Common

Posted by Moderator on September 27th, 2006

Have you noticed how large homes have become lately. When I was growing up, we lived in a modest 1500 square foot home. Three kids and my parents in a 1500 sq. foot house…that is almost unheard of today. The average home size has increased dramatically while the average family size has […]

Mortgage Rates Dip Slightly

Posted by Moderator on September 15th, 2006

Mortgage Interest rates fell a little again. That makes 9 of the last 11 weeks that rates have dropped. All total, rates on 30-year mortgages have dropped almost a half percentage point.
This week, the average […]

Cedar Point, NC Wal-Mart

Posted by Moderator on September 9th, 2006

After much back-and-forth, Wal-Mart is coming to Cedar Point, NC. And it is not going to be just a regular Wal-Mart, it will be a Super Wal-Mart. That means that this small town of roughly 1,000 (and the surrounding areas of Cape Carteret and Swansboro and Emerald Isle) is probably about to get […]

NAR: “Housing Market is Easing”

Posted by Moderator on September 7th, 2006

The Pending Home Sales Index is a leading indicator for the housing market as published by the National Association of Realtors. According to the NAR, based on contracts signed in July, the index is down 7 percent to 105.6. In June the index was at 113.5. For the year, it is down 16 […]