Coastal Market Report May 2009

I am asked frequently about the market from sellers and buyers and even from people in the pizza shop (like last night), the grocery store and at social events. People I've talked to feel like the market is a barometer for how things are going in the economy.

I believe they are correct. No indicator is perfect or 100% accurate and that is good to keep in mind. However having some information and knowledge about how things are going is fun and maybe even helpful.

On my recent trip to Washington DC to the National Association of REALTORS and the Women's Council of REALTORS midyear meetings (May 13 - 17) market activity and conditions was a constant topic of conversation. We all want to know how other markets are doing. So I am setting a goal for myself to do a monthly analysis and share that. Here goes....

May 2009 Market Report for Emerald Isle, NC at the beach plus Carteret County, NC and the area of Cape Carteret, Cedar Point & Swansboro, NC

MAY 2009

DOM = Days on Market

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