Great News for North Carolina Real Estate (From Maggie Valley)

Real Estate is always a local market and North Carolina is doing better than most! Haywood County is also leading in the January stats over Asheville and Hendersonville in the Mountains of North Carolina. So if you are interested in a little "GOOD NEWS' about the conomy - read on.

Below are some quotes from the North Carolina Association of Realtors. It has given hope to many people that i have sent this to - so

ECONOMY

> In 2008, North Carolina welcomed the most newcomers

(versus loss of residents) of any state, according

to moving services website Relocation.com.

For every 100 people leaving, 180 moved in.

HOMEOWNERSHIP

Homes were more affordable in December 2008

than at any other point since the National Association

of REALTORS® began its housing affordability index in 1970.

FORECLOSURE FACTS

> Nationally, January foreclosure filings decreased

10 percent compared to the previous month.

> In January, the number of foreclosures

occurring in N.C. decreased 29.3 percent when

compared to January 2008. Nationally,

foreclosure rates were 18 percent

higher in January 2009.

> North Carolina continues to descend in

the official ranking of foreclosure rates, and

is 33rd nationally.

> Four states - Nevada, Arizona, California

and Florida - represented 53 percent

of the 274,399 foreclosures in the

U.S. in January.

We are thankful here in North Carolina to realize that things are getting better,

Lynda Bennett

Maggie Valley, NC

REALTY WORLD - Heritage Realty