What's Happening in the Market: The Watauga Home Market January 2024

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In January 2024 the number of home sales, homes under contract, and new home listings on the market are down.  It appears less buyers are 'out there' looking and finding less choices to consider.  The graphs below will show you that the current Odds of Selling a home are 60%. 181 homes closed in the last 90 days. 188 are projected to clos...
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What's Happening in the High Country Land Market? October 2023

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  T he High Country housing market continues to be a wacky market with contradictions that don't make sense to realtors, at least not at in the way they did in the past. On the other hand,  he High Country land market is holding pretty steady.  For months now the number of parcels has been hovering in the mid 1300's.The num...
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What's Happening in the Watauga Home Market: October 2023

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In short, the housing market continues to be a wacky market with contradictions that don't make sense to realtors, at least not at in the way they did in the past. For instance, in the Watauga home market, the number of homes sold and under contract has gone done, yet the number we're selling monthly has gone up, the number of months of inventory h...
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What's Been Happening in the Market: Watauga Housing June 2023

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I've heard several realtors recently say 'This is a strange market.'  Today, a realtor characterized it as 'goofy.'   To me, that means we're transitioning and don't have a clear handle on where we're headed.  What are the clues?   One is odds of selling.  For the Watauga single family housing market, the odd...
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What's Happening in the Market October 2022

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The picture is one of the runners crossing the finish line for the Spooky Duke race on Saturday, Nov. 5.  Spooky Duke is a fund raiser for Parent to Parent, a local nonprofit that offers resources and support to local families with special needs children.  Contact me if you'd like more information about the program.   Is this a cooli...
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August 2022: What Happened in the High Country Market?

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  The market definitely continues to transition.Still, the stats this month make a bit more sense.For housing, the number of homes sold increased, as did the number under contract.Neither number is a significant difference from July.Homes have been coming on the market at about the rate as the number selling. The days on the market is down; th...
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What Happened in the Watauga Market: October 2021

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 The market remains very busy, both land and homes.  The land market continues to offer many choices for buyers.  The housing market:  the number of homes on the market continues to dwindle.  See the full report:   Download PDF File Here
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What Happened in the Watauga Market: March 2021

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In addition to the very welcome sight of new life in the form of daffodils appearing, here's what's been happening in the Watauga single family home and the High Country land markets.     Download PDF File Here
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What's Happening in the Market? May 2020

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 First, an update on COVID-19 restrictions in NC. Non-essential businesses are now opening and non-essential travel is now allowed.In real estate, we are back to business as usual, with COVID-19 safety precautions still in effect – masks, driving in separate cars, sanitizing surfaces touched in a home [I'm handing my buyers sterilizing wipes t...
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2018 March: What's Happening in the Watauga Market?

  We continue to have a low inventory of homes and a large inventory of land.The Odds of Selling and the months of inventory has held steady from Jan. 2018.With March traditionally be a slow month for sales and the beginning of an increase of inventory [spiking, typically, April-May-June], it will be interesting to see how that plays out in Ma...
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