HOMEOWNERSHIP
> Nationally, the median existing-home price
increase for all housing types from February to
March was 4.2 percent, much higher than the typical
1.8 percent seasonal increase between those two
months.
> The National Association of Home Builders
recently announced that half of all U.S. households
(55 million to be exact) can now afford to buy the
median priced $200,000 new home. That's up 45
percent in the past 24 months.
> Home-builder confidence was in the double digits
in April for the first time in six months.
> First-time homebuyer activity has surged. In
March, first-time homebuyers accounted for
53 percent of transactions.
> The average price of a home in March 2009 has
increased approximately 20 percent when compared
to March 2000.
FORECLOSURE FACTS
> While foreclosure filings rose 24 percent nationally,
the number of foreclosures in North Carolina fell 42
percent in the first quarter from the same period last
year.
> In the latest quarter, North Carolina ranked 36th in
the nation for foreclosure filings.
> In March alone, foreclosure filings fell 40 percent
when compared to the same period last year.
ECONOMY
> Six N.C. cities – Raleigh, Durham, Asheville,Wilmington, Winston-Salem and Charlotte – wereamong the top 20 "Best Metros" in the country for
business and careers, according to Forbes.> In a recent study from the National Low Income
Housing Coalition, North Carolina ranked 21st in
affordable housing.
> North Carolina recently was named the secondbest
state in which to conduct business, according to
Chief Executive magazine.
FOR THE RECORD
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