 |
| May 2009 |
Phone: (828) 685-8602 Fax: (828) 685-9627 2968 Chimney Rock Road Hendersonville, NC 28792 Website: www.apple-country.com Email: info@apple-country.com |
Market and TrendsIn a strong sign that the housing market may be picking up, builder confidence in April made its most dramatic increase in nearly seven years. The housing market index, a survey-based measurement of sales, as well as sales expectations, rose by more than 50% in April, according to the National Association of Home Builders. Hopefully, this will be one of the first signs of a recovery in the housing market.The National Association of Realtors practitioner survey in March showed that first time home buyers accounted for some 53 percent of the transactions. The new $8,000 tax credit seems to be working to get first time homebuyers in the market. Buyer traffic has been rising and with low interest rates and an $8,000 tax credit now is the time for qualified first time homebuyers to get into the market. We are seeing a little more activity in the local market. Folks are starting to look again and the warmer weather and longer days always seem to bring more folks out this time of year as well. Although many are still reluctant to make a move we feel that continued increases in consumer confidence brought on by tax credits and some positive economic news will help to move folks off the fence and into the market again. |
Thank you for your interest in the real estate market in Hendersonville.
Apple Country Realty is ready to serve you in all your real estate needs.
2968 Chimney Rock Road | Hendersonville, NC 28792