About Johnston County, NC

Johnston County Real Estate Market Update August 2009.

Well,the numbers for August are probably not what anyone was looking forward too. There were 347 new listings down from 477 in 2008. That is a drop of 27.3%! Closed sales for August were 171 down from 199 in 2008 a 14.1% drop. Average days on market went from 104 in August 2008 to 120 in 2009 an increase of 15.5%

The median sales price went from $164,950 in August 2008 to $154,000 in August 2009. Average sales price went from $186,612 to $169,711 a drop of 9.1%

Inventory of homes for sale was 2074 in August of 2008 and 1642 in August of 2009, percent of original list price received at sale was 97.4 % (this figure does not account for seller concessions).

Johnston County 2009 Parade Of Homes Realtor Tour Part 2

OK we then arrived at 500 Avocet Lane in Broadmoor Subdivision, this is in the Cleveland area. This is a custom built four bed three and a half bath home with approx 3226 sq ft. The home is an all brick house and is currently listed for $424,900.

A downstairs master and a luxurious master suite are just some of the features in this house and how about a faucet in the shower for shaving...guess what guys...it's not for us!!

Hardwood floors, granite counter tops,stone fireplace are just some of the many features in this house. Irrigation system for the lawn.

Another home in Broadmoor was 126 Balmoral Street, a 3460 sq ft three bed, three and a half bath custom brick home. Semi circular driveway leads to extensive hardwood and tile floors, granite counter tops.

Next stop was Cleveland Springs Subdivision where Terramore Homes are building 16 Crest Circle a 2151 sq ft four bed, two and a half bath. There is an additional unfinished walk up third floor of approx 578 sq ft. Currently listed for $199,999

There is also a pool and playground in this community .

Terramor Homes is also building a townhome section and they have a 1574 sq ft two bed two bath open floorplan available. Granite counter tops and ceramic tile in the kitchen. Currently listed for $160,684

Johnston County Homes , North Carolina, qualify for 100% financing through the USDA.

The entire county qualifies for the loan program through the USDA which allows home buyers to do 100% financing. Certain credit restrictions apply and there is an income limit depending on how many people will live in the home.

So if you think you would qualify, then now is the time to act as this loan program combined with the $8000 tax credit and historically low interest rates make this one of the best times to buy a home.

There are numerous subdivisions in Johnston County in every price range. Some of the towns like Clayton and Smithfield, the 40/42 community, offer subdivisions ranging from starter homes up to estate homes.

The window for the $8000 tax credit is rapidly closing as the loan must close by Nov 30 2009, that means that you must find the house you want, get all the inspections done, and get the loan approved and paid by the 30Th. There are new rules governing loans that might delay the process so not a good idea to leave this to the last minute

If you would like to speak with a mortgage professional about this or any other loan programs, give me a call or send an e-mail and I will be happy to provide you with that information.

The Johnston County Parade of Homes is currently under way so there are some great homes to check out, see the post I am doing on the Parade or if you need more info about homes let me know.

Johnston County 2009 Parade Of Homes Realtor Tour, aka, Parade Of WOW!

Yep it's that time again, Fall is fast approaching and builders are eager to showcase the hard work they've been doing all summer. The Parade of Homes in Johnston County North Carolina is amazing because you get to see beautiful homes in great subdivisions, all while being driven around in a van full of Realtors!

I am always struck by how much of Johnston County is still beautiful farmland filled with soybeans,sweet potatoes, tobacco, lots of horse farms and old barns. Yet there amongst all that, is new schools, highways, bypasses, shopping centers, and subdivisions. Of course this year was a tad smaller than previous years, I enjoyed it more, you had more time to spend at each house and discuss with the Realtors the pros and cons of the homes.

We started at 209 Gardner Lake Drive in Willow Spring, a beautiful three bedroom, two and a half bath, 2900 sq ft home in Gardner Lake subdivision. Beautiful Hardwood floors downstairs and an amazing bonus room upstairs very unique! It is listed at $309,950.

From there we moved on to Millstone Ridge where we saw an all brick ranch with four beds two baths and 1675 sq ft.This house is priced at $191,354

We moved on to 61 Carriage Creek Drive Unit in Smithfield a three bed, two bath 2031 sq ft home. A Darryl D. Evans Inc. home comes with Stainless Steel Appliances The sweet thing with this house is the 1090 sq ft of unfinished space with the sheet rock in place ready to be installed at your leisure.

If you would like to get any information about any of the homes on the tour give me a call.