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Sylva, NC

Homeownership

05-19-09
Rick Strohm
Rick Strohm: Real Estate Agent in Bryson City, NC

www.RickStrohm.com

Rick & Rick Strohm, Jr.

Ok so does this not seem like a GREAT time to be a homeowner? How about a 1st time home buyer?? Thought you might be interested in seeing some "National Homeownership" statictics:

  • Nationally, the median existing-home price increase for all housing types from February to March was 4.2%, much higher than the typical 1.8% seasonal increase between those two months.
  • The National Association of Home Builders recently announced that half of all U.S. households (55 million to be exact) can now afford to buy the median priced $200,000 new home. That's up 45% in the past 24 months!
  • Home-builder confidence was in "double digits" in April for the first time in 6 months.
  • First-time homebuyer activity has surged. In March, first-time homebuyers accounted for 53% of transactions.
  • The average price of a home in March 2009 has increased approximately 20% when compared to March 2000.

It's time we quit listening to the National News programs that keep talking about a "crisis" - and it's time to start acting! This is the prefect time to purchase a home - or - land here in the Great Smoky Mountains of North Carolina. The "smart" homebuyers are 'acting' now with national interest rates at an all-time low and $8,000 "down payment" at the closing table for 1st time homebuyers...it's no wonder our housing market is on the incline!

For more information just contact me - I'd be happy to share more fantastic news about our housing market with you.

Rick, Jr.