Hello and welcome. This is Nolan with Discover NC Homes and Nolan’s news. And as always St. James, thank you for having us.
Today is April 1st and no, this is not an April fools, but this newsletter will be dated by the time you receive it.
As of today on the market, we have 4 available condos. 20 available homes. Again, we usually run 20 available condos and 80 available homes in St. James. So you can see how limited our inventory is.
As of today, April 1st, there are 5 pending condos and 57 pending homes. Pretty impressive, but our inventory is so limited. If we take a look at land as of today, there are 62 pieces of active land on the market, 39 pending.
So we are still in inventory – it will not frenzy, but we need inventory. The marketplace is moving very rapidly and again, we’ve never experienced anything quite like this before.
So, point to sellers is if you are ready now might be the time, we’re yielding maximum value on homes, on land. Again, I’ve spoken about my predictions before, but I think we’ll continue through this fall to be in a good market.
But by this time, next year, we might be looking at a different story. So, no pressure, no rush, but if you’re looking at selling, you probably can yield the highest value that you’ve either ever seen or we’ve seen in… I’d say the last 15, 18 years.
If you have any questions, if you want a market update, please let me know, call me. Again, thank you for having us. We’ll see you soon.
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