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Monthly Archives: January 2024

    December 2023 Top Producers

    By RE/MAX Essential | January 10, 2024

    Congratulations to our December 2023 Top Producers!! Read More

    RE/MAX Essential Agents Named 40 Under 40 for Cape Fear Real Producers

    By RE/MAX Essential | January 8, 2024

    Two of our very own, Travis Beatty and Shana Morgan with the Morgan Beatty Group, were chosen as Cape Fear Real Producer’s 40 Under 40! We’re so proud of them both, the team they lead, and their diligence and dedication to their clients and community! Take a read! Read More

    December 2023 Market Stats

    By RE/MAX Essential | January 8, 2024

    Latest Real Estate News! U.S. home sales dropped 12.2% to 590,000, the lowest since Nov 2022, because of high mortgage rates. But there's good news! The National Association of Home Builders says sales will likely go up as mortgage rates fall. In Cape Fear, home sales from Jan to Dec '23 fell 18.1%, especially for homes over $450,001, which went down 12.0%. The average home price increased 4.6% to $399,000. Townhouse/Condo prices went up 6.2% to $339,990. Homes between $150,001 to $300,000 sold the fastest (35 days), while homes over $450,001 took 54 days. Overall, there's a bit more homes on the market, up 1.0%, with Condos up 18.4%. Read More