Happy Friday Everyone. We hope you had an enjoyable week.
Next week Whitney Blair Inc. will launch our new “Green” blog. This blog is designed to inform our blog followers of the different ways that Whitney Blair Inc. is becoming more environmental friendly, and how you can affordably build a greener more sustainable home. The scheduled launch date of the blog is next Friday, May 22nd.
Believe it or not, the good news continues to come from the housing industry, especially in North Carolina. According to the Charlotte Business Journal, North Carolina foreclosures fell by 14.9% in April from the same period as last year. Currently in North Carolina one in every 1,339 households has received a notice of an impeding foreclosure. The national average is one in every 374 households. This information was provided by RealtyTrac Inc.
In more news, the associated press has reported pending home sales are on the rise, up 3.2% in March. These results not only beat analyst expectations, but were 1.1% higher than last year. "After nearly three years of freefall, housing activity may have found a floor," wrote Paul Dales, U.S. economist with Capital Economics in Toronto.
We continue to see a trend upward as well. If you are in the market to build or purchase a home, don’t miss this opportunity. You will look back a few years from now and kick yourself. Do not forget that typically in real estate, by the time the media and public call a market recovery you have missed the bottom by a good three months or more.
Below you will find a few pictures of a Whitney Blair Custom Home currently being built in Crow Creek. The house is really coming out beautifully.
Have a safe and enjoyable weekend. We will catch you next week. As always if we can be of any assistance to you, including answering any questions you may have about Whitney Blair Inc. or the industry in general, please do not hesitate to contact us.
Best regards,
The Whitney Blair Inc. Team
www.whitneyblair.com
derek@whitneyblair.com
910-579-9994
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