About Edgecombe County, NC

Despite lower prices and historically low interest rates, existing single family home sales remain weak. Locally, we have plenty of good homes to choose from in all price ranges, and interest rates remain low thanks to the Federal Reserve's rate cuts.

So, why are so many buyers sitting on the fence? It's a fair guess that consumers are waiting for home prices and even interest rates to fall even further.

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About the Author
David C. Recker is a Top Producing Realtor licensed in North Carolina. Dave works at RE/MAX Classic and serves Edgecombe, Nash, and Wilson counties in North Carolina.

Dave's website, http://www.ncrealestateweb.com/ , is one of North Carolina's top real estate websites and you can read frequently posted Articles and Blogs by Dave at NCRealEstateWeblog.

The following are indicators of the Greater Rocky Mount Area Real Estate Market. These statistics were gathered from data contained in the Rocky Mount MLS system and predominately cover Nash and Edgecombe Counties in North Carolina.

Active residential listings totaled 1018 properties. This is an increase of 3 properties, or .3%, from 1015 in January. Inventories typically begin to rise after the first of the year as sellers are preparing for the spring market.

To read the entire market report Click Here.

About the Author
David C. Recker is a Top Producing Realtor Licensed in North Carolina. Dave works at RE/MAX Point East and serves Edgecombe, Nash, and Wilson counties in North Carolina.

Dave's website, http://www.ncrealestateweb.com/ , is one of North Carolina's top real estate websites and you can read frequently posted Articles and Blogs by Dave at NCRealEstateWeblog.

Are you thinking of buying or selling a home but you're not sure if this is the "right time"? Talk with a Realtor for expert advice on your local market.

Real Estate Cycles
Real Estate Cycles are no different than any other cycles that effect consumers. It is subject to the laws of supply and demand. A shortage of homes, also known as a sellers market, generally means that prices will rise. Likewise, a surplus of homes, also known as a buyers market, means that houses stay on the market longer creating downward pressure on prices.

Click Here to read the rest of the article.

About the Author
David C. Recker is a Top Producing Realtor licensed in North Carolina. Dave works at RE/MAX Point East and serves Edgecombe, Nash, and Wilson counties in North Carolina.

Dave's website, http://www.ncrealestateweb.com/ , is one of North Carolina's top real estate websites and you can read frequently posted Articles and Blogs by Dave at NCRealEstateWeblog.

Many homeowners believe that to maximize their profit on a home sale they should sell it themselves. At first glance, they feel selling a home is simple and why should they pay a broker fees for something they could do themselves? In fact, close to 9% of all the homes sold last year were sold for sale by owner (FSBO).

However, close to half of the FSBO's said that they would hire a professional next time they sold. Thirty percent said they were unhappy with the results they achieved by choosing FSBO. Why?

Click Here to read the full article.

About the Author
David C. Recker is a Top Producing Realtor licensed in North Carolina. Dave works at RE/MAX Point East and serves Edgecombe, Nash, and Wilson counties in North Carolina.

Dave's website, http://www.ncrealestateweb.com/ , is one of North Carolina's top real estate websites and you can read frequently posted Articles and Blogs by Dave at NCRealEstateWeblog.

Active residential listings totaled 1015 properties. This is an increase of 16 properties, or 1.6%, from 999 in December. Inventories typically begin to rise after the first of the year as sellers are preparing for the spring market.

Newly listed properties totaled 200. This is an increase of 100 new listings, or 50%, from 100 last month.

Click Here to view this report in its entirety.