Monday Market Update - August 24, 2010

Greetings from Wilmington! I hope you had a wonderful weekend. Sorry for the delay in getting out my Monday Market Report. We had internet/email technical difficulties most of the day yesterday. If you tried to contact me via email yesterday and I haven't responded to you, please resend. Quite a few of my emails are in la la land!!
We've seen the typical slower time in our market the past few weeks right before school starts. In Wilmington, the traditional school calendar starts tomorrow and once everyone gets back into a routine, I think you'll see the activity pick back up. Interest rates are still at record lows so if you are on the fence about buying or refinancing, please let us know and we'll be glad to point you in the right direction.
There are still an increasing number of homeowners that are in financial distress and unfortunately, I think you'll continue to see those numbers rise until the economy and job market stabilize. To get your home sold in todays market, it's very important to price your home aggressively and get it in tip top shape. If you have any questions about the market or your home's value, please give us a call or email. We're glad to help any way we can.
Have a great week!
Melanie Cameron, Broker 910.233.2840
Susan Harkins, Buyer Specialist, 910.431.2362
Michelle Roberts, Buyer Specialist, 910-431-5686
Alexa Winstead, Marketing/Closing Coordinator 910.202.2547
Diligently working to exceed real estate expectations in Wilmington, NC and surrounding areas including Ogden, Porters Neck, Wrightsville Beach, Carolina Beach, Castle Hayne, Leland, Burgaw and Hampstead.



