Great news coming out of Wake Forest ! Is the recession over ? Recently, new home sales in Heritage Wake Forest, NC have surged. In the same month of 08 New Home Sales were very light and moving into 09 sales have increased five fold. The even better part of the story is that New home inventory is shrinking in Heritage which equates to price stabilization. This should also help the resale market were homes have seen some price cutting.

Although, one month a trend doesn’t make , however it’s encouraging news. We’ll keep a close eye on long term mortgage rates which should also be a benefit to both buyers and sellers in the new and resale market.

Tags: Heritage, Heritage Wake Forest NC, New Homes Heritage Wake Forest, Wake Forest NC

This entry was posted on Tuesday, July 7th, 2009 at 5:31 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.