Quick update on NC Coastal from my last report on it 3 weeks ago. Active listings(527 from 492) and pendings (147 from 151). Most of this increase came the week after my last update and it has been the same for the next 2 weeks. Last year the active inventory increased by 57 homes over this period as compared to 35 this year. Still not alot of new inventory hitting the market. There has been a typical increase in the inventory as schools let out but certainly no running for the exits.
It is still very tough to find a decent 4BR home at least 2400 sq ft under 900K in the better shool districts. There are a few more choices close to 900K but only one near 850K and that house just fell out of escrow after selling in a week. Should be gone within another 7 days.
