Somerset Crossing, Kernersville, NC is typical of the broader economy. SLOW !
For 2009 there has been 1 sale, there are 2 Active listings, 3 Expired and 2 Withdrawn listings according to the MLS tracking.
The great news is that this neighbor seems to be weathering the storm with respect to home values. In Kernersville, homes that are in goo condition and priced in line with current purchase appraisals there is a realatively strong market. Expect a slight appreciation in value over the next couple of years as inventories and stressed sales in the area and region are worked out of the market.
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