North Carolina Hot Spots See Home Sales Plummet | Blank Slate Online
Oct 12, 2010
The National Active Retirement Association reports that popular N.C. areas for retirees are facing a real estate drought as homes sales plummeted $3 billion between 2006 and 2009.
Wilmington, North Carolina’s largest coastal community, sold $2 billion dollars in homes in 2006. However, by 2009, that number dropped half to just $1 billion in home sales.
Other areas also hit by weak homes sales is Asheville. Agents report only $567 million in home sales in 2009, compared to $1.13 billion in 2006. However, mountain communities by far have suffered the greatest loss where homes sales in Brevard have fallen 64 percent from 2006.
North Carolina Hot Spots See Home Sales Plummet | Blank Slate Online.
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