Today, NAR (National Association of Realtors) announced that homes sales rose an unexpected 5.1% in February.  Lawrence Yun, NAR chief economist, says “first-time buyers accounted for half of all home sales last month, with activity concentrated in lower price ranges.”

This is the same trend we are seeing here in Southeastern North Carolina.  We are seeing monthly over monthly inceases in activity in our market.  If you are looking to buy a home, it is time to get off the fence and get in the market before you miss out on some incredible deals.

Even greater news is on the horizon with new $8,000 first-time buyer tax credit.  It is amazing that someone will pay you $8,000 for simply reaching for the American Dream of owning your own home.  Absolutely Amazing! I will blog more about the $8,000 tax credit later this week.

Here is a link to the entire article if you would like to read up on it more.

http://www.realtor.org/rmodaily.nsf/pages/News2009032301

As always, the team here at Coldwell Banker Sea Coast Realty is here to serve you.  We would love to be given the opportunity to work with you with any of your real estate needs.