Homebuyers Search for the Bottom of the Market
With the Spring selling season in full swing, homebuyers are out shopping. But it seems, shopping is all they are doing in many markets across the US. Buyers hoping to time the bottom in a fickle market, may miss the chance. When the market turns, it is very difficult to know or predict. Most often it may have already happened before you even realize it.
The recovery will be varied by region, of course. Sales are still declining in several markets across the country including Detroit and Cleveland.
This Spring may be the chance of a lifetime for many first time home buyers due to the $8000 tax credit, interest rates at an all time low and home prices discounted.
Wilmington NC real estate is definitely showing signs of recovery. According to Tim Milam, President of Coldwell Banker Sea Coast Realty, contracts written are increasing week after week. Buyers are out looking and stepping up to the plate to take part in the stimulus package.
To start your home search in Wilmington NC, just check out www.cbbaker.com and search for homes by neighborhood, schools, zip, price, map and more. Or please feel free to contact kay@cbbaker.com or 800-497-7325.

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