Winston Salem, NC area Real Estate Market, Business & Community News Provided by Tony Green, Broker, Realtor, EXIT Realty Elite Office: 336.462.9544 Cell: 336.287.4423
If you’re a frequent reader of this blog, you know that I’m a big advocate for our city. For a city of this size, Winston-Salem has a lot to offer: Arts, racing, baseball, affordable housing, a revitalized downtown, the symphony, Old Salem, cheap living…I could go on and on. SmittyNotes.com has even tried to sum up our city on one page: Winston-Salem Fast Facts.
Now, we’ve been recognized by CNN/Money as being one of the [Read more...]
| 7235 Lalanda Dr Lewisville, NC | |
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| This HOME is newly re-modeled and READY TO MOVE IN! It has FRESH PAINT, NEW CARPET, CENTRAL HEAT and AIR, NEW APPLIANCES, and GRANITE COUNTER TOPS in the kitchen. This home sits on a HALF ACRE LOT, has a FENCED-IN BACKYARD with STORAGE BUILDING, and a has a NICE DECK for entertaining and grilling out. You won’t find many homes in Lewisville under $100k that are like new, so it WON’T LAST LONG! Call or text Tony today at 336.287.4423 or dial 800-761-3922 x2363 24/7 to learn more. Search all area homes for sale at www.SearchWinstonSalemHomes.com. | ||||||
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I’m really proud of the Winston-Salem area where I call home. We have cutting edge medical facilities, are on the fore front of bio-technology, been ranked #2 on the list of “Top Digital Cities“, been recognized as having a very low cost of living, and have a great arts community.
Now, Bloomberg Business Week has recognized our city as one of “The World’s Cheapest Cities for Expensive Living”.
2402 Wynbrook Square Ct., Winston-Salem, NC 27103. 3 bedroom, 2 bath, single level, patio townhome for sale marketed by Tony Green of Exit Realty Elite. Search all homes for sale at http://www.SearchWinstonSalemHomes.com .
A recent survey by Zillow.com shows that home owners are becoming more confident in the real estate market. Zillow performs a market analysis four times a year to see if home owners are optimistic or not in their home values for the next six months. The survey results show the South to be the most confident and least affected by the recession.
The recent survey shows:
Across the country, 83% of home values have dropped in the last year according to Zillow’s Second Quarter Real Estate Market Reports. Home values were down almost 10% from one year ago.
Homeowners’ Future Outlook for the Next 6 Months:
The Winston Salem Piedmont Triad area real estate market has been fortunate not to experience a “bubble” where home values increased beyond actual value, and where home values have not decreased greatly like in major cities in states like Florida, California, Arizona and others. Many people are still moving to North Carolina and many of them are considering the Triad area due to reports like Business Weeks Top Places to Begin a New Career.
EXIT Realty offers several marketing programs to home owners to help you sell your home fast including a free 24/7 info hot line to attract home buyers. The hot line will also text a virtual tour to a potential buyer that is interested in more info about your home. If you’re ready to list your home for sell, give me a call at (336) 287-4423, and I will provide you with a free market analysis and discuss more how EXIT will get your home SOLD.
If you are looking to buy right now, click the following link to use my Free Home Buyers Online Service. This service will help you streamline your search by adding the specific criteria you are looking for. I look forward to serving you.
| 8811 Centergrove Place Ct Clemmons, NC | |
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You will absolutely love this stunning home. It has superb details and is in a gated community! It is the Builders Personal Home and has lots of extras and sits on almost one acre. You will enjoy the Very open floor plan with Gourmet Kitchen, Granite Island, stainless appliances, two vent free fireplaces, office, and screened in porch. There is a Heated Tile Floor in the Master Bathroom. The Finished lower level has 10′ ceilings, family room, game area, two bedrooms each with it’s on private bathroom, a kitchen, exercise room and plenty of storage. The lower level exits on to the covered patio with fireplace and hot tub. It has 3 garage spaces on the main level. Truly Exceptional. Call agent for more details.
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The Winston Salem housing market is on the increase, and that’s good news for real estate agents. According to the Winston Salem Regional Association of Realtors there were 478 existing home sales for the month of June, which was up 10.4 percent from 433 in May.
This increase in sales made June the sixth consecutive month of increased sales and also the highest single month since September, 2008.
The association also reported that 320 of the homes sales were on the market less than 120 days.
Phillip Rector, the president of the Winston-Salem Regional Association of Realtors, was quoted saying, “When home sales increase month over month and the length of time it takes to sell a well maintained and appropriately priced home is decreasing, it tells us that the market has, indeed, begun a return to normalcy.”
However, in June 2008 there were 593 home sales compared to 478 last month. That’s a 19.4% decrease from last year.
Even though, overall, this is good news, there are still many concerns with the unemployment rate and decrease in home prices. The average price of homes sold in June was $162,503, down 9.7% from $179,889 in May and down 15.4% from $192,144 last year.
It looks like we are past the bottom in the Winston Salem housing market, and there seems to be a good balance for both buyers and sellers. Homes are moving and taking less time to sell, which is good for sellers, but prices are lower than last year, so buyers should consider now the right time to buy before prices increase. Give me a call/text if you are looking to buy or sell real estate in the Winston Salem area. 336-287-4423.
