The biggest take-away from April’s market update is that sales prices continue to grow. However, that growth is not quite as large as in previous months. April prices increased 2.6% over the prior year. Year-to-date growth is at 5% and the last 12 months saw prices grow 5.1%. Since the ...
Continue ReadingThe cities of Greensboro, High Point and Guilford County issued a shelter-in-place order that went into effect at 5:00 p.m. on Friday March 27. This order deemed Real Estate sales as a non-essential service and forbade agents from showing homes or conducting open houses. The stay-at-home order will obviously affect ...
Continue ReadingIn Guilford County recent trends continued. February inventory was down and prices were up as a result. Days on the market continue to shorten. It will be interesting to see how dropping interest rates that are a partial result of the Coronavirus concerns and the resulting economic slow-down, will affect ...
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