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	<title>Calabash NC - CalabashTown.com &#187; Real Estate</title>
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	<link>http://calabashtown.com</link>
	<description>Vacation Planning and Real Estate Guide to Calabash, NC Hotels, Resorts, Motels, Vacation Rentals, Golf Courses, Golf Packages, Shopping, Beach Weddings, Dining, Attractions, Real Estate</description>
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		<title>Calabash Area 2 Bdrm/2 Bth</title>
		<link>http://calabashtown.com/calabash-area-2-bdrm2-bth/</link>
		<comments>http://calabashtown.com/calabash-area-2-bdrm2-bth/#comments</comments>
		<pubDate>Thu, 20 May 2010 03:39:41 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=511</guid>
		<description><![CDATA[1470 Hickman Rd NW Calabash,  NC 28467-1713
Listing Price: $179,900
Directions South on 17 past Brunswick  Plantation, veer right on Hickman Rd, go 3.2 miles and house on right  (#1470 on mailbox)with sign.  Last house on right just before Indigo  Farms. 

















Property Type
Single Family
Property  Subtype
Site Built


Area
Calabash
Subdivision
None






Beds
2
Approx  Htd SF
1701


Baths(FH)
2 (2 0)






Year [...]]]></description>
			<content:encoded><![CDATA[<p>1470 Hickman Rd NW Calabash,  NC 28467-1713<br />
<strong>Listing Price: $179,900</strong></p>
<p><strong>Directions </strong>South on 17 past Brunswick  Plantation, veer right on Hickman Rd, go 3.2 miles and house on right  (#1470 on mailbox)with sign.  Last house on right just before Indigo  Farms.<strong> </strong></p>
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<td width="18.5%"><strong>Property Type</strong></td>
<td width="18.5%">Single Family</td>
<td width="18.5%"><strong>Property  Subtype</strong></td>
<td width="18.5%">Site Built</td>
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<td><strong>Area</strong></td>
<td>Calabash</td>
<td><strong>Subdivision</strong></td>
<td>None</td>
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<td><strong>Beds</strong></td>
<td>2</td>
<td><strong>Approx  Htd SF</strong></td>
<td>1701</td>
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<td><strong>Baths(FH)</strong></td>
<td>2 (2 0)</td>
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<td><strong>Year Built</strong></td>
<td>1967</td>
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<td><strong>PID</strong></td>
<td>2240000611</td>
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<td><strong>DOM/CDOM</strong></td>
<td>1/1</td>
<td><strong>Lot Acres (approx)</strong></td>
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<p><strong> </strong>An incredibly charming home! At one  time it was the living quarters of the authentic Causeway Motel at OIB  and was moved to the country and COMPLETELY remodeled and refurbished-SO  tastefully.  Beautiful original hardwood floors and  partial cypress  panelling but everything else is brand new and all to code. Gorgeous  large kitchen w/ stainless appliances, window seat, and tin ceilings and  brand new bathrooms, new roof, new heating and air, new insulation &#8211;  everything NEW. Located on almost 1/2 acre just about across from Crow  Creek Golf Course and has a huge deck in the back with complete privacy.  Brand new garage built on &#8211; this is country living at its finest with  easy access to everything!</p>
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<td style="font-size: 10pt;" width="18%"><strong>Presented  By:</strong></td>
<td style="font-size: 10pt;" width="41%"><strong>Martha  Pope</strong></td>
<td style="font-size: 10pt;" width="41%"><strong>Pope  Real Estate</strong></td>
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<td><img src="http://mediall.rapmls.com/brwc/agentpics/550000055.jpg?tsp=20100519195917" alt="" height="70" /></td>
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<tr><!-- ITG# 558093, MM, 1/19/09 --></p>
<td>Primary: 910-754-7673</td>
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<tr><!-- ITG# 558093, MM, 1/19/09 --></p>
<td>Secondary: 910-619-7673</td>
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<tr><!-- ITG# 558093, MM, 1/19/09 --></p>
<td>Other:</td>
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<tr><!-- ITG# 558093, MM, 1/19/09 --></p>
<td>E-mail: <a href="marpope@atmc.net" target="_blank">marpope@atmc.net</a></td>
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<td>1782 Shallotte Inlet Drive</td>
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<td>Shallotte, NC 28470</td>
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<td>910-754-7673</td>
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<td>Fax :  910-754-7677</td>
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<td><strong><em>See our listings online:</em></strong></td>
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<td>May 2010</td>
<td>Web Page: <a href="http://pope-realestate.com/my-listings/4-bedroom-2-bath-home-on-canal/" target="_blank">http://pope-realestate.com</a></td>
<td><a href="http://pope-realestate.com/" target="_blank"><strong>www.pope-realestate.com</strong></a></td>
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<p>This beautiful oceanfront home is situated on a 0.373 acre lot. Its a great rental!<br />
[nggallery id=29].</p>
<p>As an Accredited Buyer Representative I can furnish information and represent you with regard to any properties in the Multiple Listing Service.</p>
<p>For more information on this or any other property anywhere in the area please contact me <a href="mailto:martha@pope-realestate.com">martha@pope-realestate.com</a>.</p>
<p><strong><br />
</strong></p>
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						<iframe width="425" height="350" frameborder="0" scrolling="no" marginheight="0" marginwidth="0" src="http://maps.google.com/maps?f=q&amp;source=s_q&amp;hl=en&amp;geocode=&amp;q=1470+Hickman+Rd+NW+Calabash,+NC+28467-1713&amp;sll=37.0625,-95.677068&amp;sspn=35.90509,84.726562&amp;ie=UTF8&amp;hq=&amp;hnear=1470+Hickman+Rd+NW,+Calabash,+Brunswick,+North+Carolina+28467&amp;ll=33.928664,-78.624861&amp;spn=0.195864,0.312424&amp;z=11&amp;iwloc=A&amp;output=embed"></iframe><br /><small><a href="http://maps.google.com/maps?f=q&amp;source=embed&amp;hl=en&amp;geocode=&amp;q=1470+Hickman+Rd+NW+Calabash,+NC+28467-1713&amp;sll=37.0625,-95.677068&amp;sspn=35.90509,84.726562&amp;ie=UTF8&amp;hq=&amp;hnear=1470+Hickman+Rd+NW,+Calabash,+Brunswick,+North+Carolina+28467&amp;ll=33.928664,-78.624861&amp;spn=0.195864,0.312424&amp;z=11&amp;iwloc=A" style="color:#0000FF;text-align:left">View Larger Map</a></small></td>
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		</item>
		<item>
		<title>Featured Area Property</title>
		<link>http://calabashtown.com/featured-area-property/</link>
		<comments>http://calabashtown.com/featured-area-property/#comments</comments>
		<pubDate>Mon, 15 Feb 2010 17:52:38 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=428</guid>
		<description><![CDATA[
Oceanfront On Ocean Isle Beach! 249 W First St
One-half of duplex in premier oceanfront location on west part of beach. Extra wide and extra deep lot.
Completely renovated and beautifully appointed. This is your affordable way to own a gorgeous 4 BR/4 bath oceanfront home and share 50% of the expenses.
Listed with Pope Real Estate &#8211; [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://pope-realestate.com/my-listings/oceanfront-ocean-isle/"><img title="249w1stporch" src="http://pope-realestate.com/wp-content/uploads/2010/01/249w1stporch.jpg" alt="249w1stporch" width="399" height="299" /></a></p>
<p><strong>Oceanfront On Ocean Isle Beach! 249 W First St</strong></p>
<p>One-half of duplex in premier oceanfront location on west part of beach. Extra wide and extra deep lot.</p>
<p>Completely renovated and beautifully appointed. This is your affordable way to own a gorgeous 4 BR/4 bath oceanfront home and share 50% of the expenses.<span id="more-428"></span></p>
<p>Listed with <a href="http://pope-realestate.com" target="_blank">Pope Real Estate</a> &#8211; Ocean Isle Beach 800.707.4402</p>
<p>Rock on the deck or sit out on the extra large gazebo at top of dune and watch the dolphins swim by! Has terrific rental income. This is a must-see and is priced to sell.</p>
<p>Let Martha Pope show you this beautiful oceanfront home at Ocean Isle Beach as well as any other MLS listing at Sunset Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!</p>
<p>This beautiful oceanfront home is situated on a 0.373 acre lot. Its a great rental!</p>
<p><object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/tOdqCSEZHCE&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/tOdqCSEZHCE&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object></p>
<p>As an Accreditied Buyer Representative I can  furnish information and represent you with regard to any properties in the Multiple Listing Service.</p>
<p>For more information on this or any other property anywhere in the area please contact me <a href="mailto:martha@pope-realestate.com">martha@pope-realestate.com</a>.</p>
<p>Directions Cross OIB bridge onto Island. Turn right (west) at pier and continue down W First Street to #249 on left. Sign on property.</p>
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		<item>
		<title>Home Sales Up 65% Nov. 09/08!</title>
		<link>http://calabashtown.com/home-sales-up-65-nov-0908/</link>
		<comments>http://calabashtown.com/home-sales-up-65-nov-0908/#comments</comments>
		<pubDate>Sun, 24 Jan 2010 15:21:28 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=394</guid>
		<description><![CDATA[According to the latest information published by the North Carolina Association of Realtors (NCAR), existing home sales in Brunswick County increased in November 2009 compared to the previous month and the previous year.
Realtors in Brunswick County sold 181 units in November of 2009, up 65 percent from 110 units in November 2008. That also represents [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1290" title="rental-homes-canal" src="http://oceanislebeach.com/wp-content/uploads/2010/01/rental-homes-canal.jpg" alt="" width="400" height="129" />According to the latest information published by the North Carolina Association of Realtors (NCAR), existing home sales in Brunswick County increased in November 2009 compared to the previous month and the previous year.<br />
Realtors in Brunswick County sold 181 units in November of 2009, up 65 percent from 110 units in November 2008. That also represents a 3 percent increase over October 2009, when 176 houses were sold.<br />
The average cost of a house also increased between November 2008 and 2009, from $232,147 to $248,291.<br />
According to local Realtor and Accredited Buyers Representative of the National Association of Realtors <a href="http://pope-realestate.com" target="_blank">Martha Pope of Pope Real Estate Company</a>,  the end of 2009 was a busy season for the company. January has been very active.<br />
“This first quarter of 2010 looks to be the best in a long time,” Pope said. “This is the time of year when people start looking for second homes.”<br />
“Values are down because of the economy, but everything is showing,” she said. “We feel this is a great opportunity for buyers.”<br />
Pope said that the southern end of Brunswick County does not have as many foreclosures as some people expected, but buyers are actively looking for those deals.<br />
Most of her customers are people looking to relocate to Brunswick County, many of them are waiting for their houses in their home areas to sell before they can buy one here.</p>
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		<item>
		<title>RE Prices Bottom &#8211; Time To Buy!</title>
		<link>http://calabashtown.com/re-prices-bottom-time-to-buy/</link>
		<comments>http://calabashtown.com/re-prices-bottom-time-to-buy/#comments</comments>
		<pubDate>Tue, 05 Jan 2010 00:00:44 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=369</guid>
		<description><![CDATA[Here&#8217;s some good news &#8211; as of November 25th 2009 home listing prices in Southeastern NC finally appear to have hit bottom!
Interest rates are below 6% on residential mortgage loans  but the most likely scenario is that these mortgage loan rates will not stay this low for long so buyers would be wise to [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://oceanislebeach.com/wp-content/uploads/2009/12/graph.png"><img class="alignleft size-full wp-image-1158" title="graph" src="http://oceanislebeach.com/wp-content/uploads/2009/12/graph.png" alt="graph" width="275" height="184" /></a>Here&#8217;s some good news &#8211; as of November 25th 2009 home listing prices in Southeastern NC finally appear to have hit bottom!</p>
<p>Interest rates are below 6% on residential mortgage loans  but the most likely scenario is that these mortgage loan rates will not stay this low for long so buyers would be wise to be actively looking to buy and take advantage very soon.</p>
<p>A coach and speaker at the NAR (National Association of Realtors) Convention <img title="More..." src="../wp-includes/js/tinymce/plugins/wordpress/img/trans.gif" alt="" />by the name of Rich Levin has absolutely hit the nail on the head!</p>
<p><strong>He says “THE TIME IS NOW FOR REAL ESTATE” and he is 100% correct. All of the factors are lining up for the next 6 to 12 months to be that year and here’s why:</strong></p>
<p><a href="http://oceanislebeach.com/wp-content/uploads/2009/12/Picture-14.png"><img class="size-full wp-image-1163 alignleft" title="Picture 14" src="http://oceanislebeach.com/wp-content/uploads/2009/12/Picture-14.png" alt="Picture 14" width="275" height="222" /></a>Economist Woody Hall (University of North Carolina Wilmington ) projects that the local economy will grow by 4 percent in 2010. <strong></strong></p>
<p><strong><br />
According to the report by UNCW’s economic prognosticator delivered at an Economic Outlook Forecast at UNCW</strong><strong>, the Southeast NC region will see economic growth at a rate faster than either the state of North Carolina or the nation as a whole.</strong></p>
<p><strong>As buyers realize that it is a good time to buy (but not necessarily for sellers to sell) the demand will begin to absorb the foreclosures and short sales and then exceed supply.</strong></p>
<p>Over the next year or two the additional demand may very well even lead to a seller’s market, however gradual it may be.</p>
<div id="attachment_1169" class="wp-caption alignleft" style="width: 436px"><a title="Economic Outlook Forecast at UNCW" href="http://oceanislebeach.com/wp-content/uploads/2009/12/Picture-101.jpg"><img class="size-full wp-image-1169" title="Picture-10" src="http://oceanislebeach.com/wp-content/uploads/2009/12/Picture-101.jpg" alt="Picture-10" width="426" height="278" /></a><p class="wp-caption-text">Image From The Economic Outlook Forecast Summit at UNCW</p></div>
<p><strong>The signs of this shift are occurring now</strong> – the supply of new construction and foreclosure homes are being absorbed by first time buyers, investors, and secure homeowners who are taking advantage of their financial strength.</p>
<p>“This Spring may be the tipping point when market activity flourishes,” Rich says, and I believe it will.</p>
<p>After the first of the year mortgage money should be much more readily available from the banks.</p>
<p>He then refers to inflation as the “X factor” remembering a rapidly inflationary period. For instance, one day you could put a quarter into the vending machine and get a Coke. The next time it was forty cents and the next time it was fifty cents and within five years it was seventy-five cents and so on.</p>
<p>Your money buys less and the cost of what you buy increases.</p>
<p>If you owned real estate during this same period you were probably very happy because the property you owned also doubled in price no matter where you lived.</p>
<p>Who knows if we are on the verge of another inflationary surge – but if inflation does devalue our money…then real estate prices will increase (along with the price of almost all other hard goods) and this year’s buyers are going to benefit tremendously! Regardless, it is time for buyers to get in the market!</p>
<p><a href="http://pope-realestate.com/" target="_blank"><img class="size-full wp-image-157 alignleft" style="margin: 10px;" title="martha-copy" src="http://thewindsbeachclub.com/wp-content/uploads/2008/09/martha-copy.jpg" alt="" width="226" height="163" /></a><strong>At your leisure I invite you to visit my website at <a href="http://www.pope-realestate.com" target="_blank">pope-realestate.com</a> and click on the local MLS logo to check out what’s for sale currently. I welcome any questions or requests at any time!</strong></p>
<p><em>By Martha Pope – Accredited Buyers Representative of the National Association of Realtors.</em><br />
If I can help answer any questions, furnish further information or assist in any way please contact me by phone: <strong>800.708.4402 or email at <a href="mailto:%20Martha@Pope-RealEstate.com">Martha@Pope-RealEstate.com</a></strong></p>
<p><strong>To receive a .pdf file of the entire Economic Outlook Forecast Conference at UNCW call or send an email to me.<a href="Mailto: Martha@Pope-RealEstate.com"></a></strong></p>
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		<item>
		<title>Featured Calabash Home</title>
		<link>http://calabashtown.com/featured-calabash-home/</link>
		<comments>http://calabashtown.com/featured-calabash-home/#comments</comments>
		<pubDate>Wed, 20 May 2009 13:28:05 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=169</guid>
		<description><![CDATA[Completely remodeled by English craftsman attention to every detail has been given in the restoration of this beautiful 1-1/2 story home.
Close to Sunset Beach NC and Ocean Isle Beach NC. The features of this home in Calabash NC include vaulted ceilings, exquisite tile, solid wood doors, new oak &#38; granite kitchen with a modern flair, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://calabashtown.com/wp-content/uploads/2009/05/632382_01.jpg"><img class="size-full wp-image-170 alignleft" title="632382_01" src="http://calabashtown.com/wp-content/uploads/2009/05/632382_01.jpg" alt="" width="300" height="188" /></a>Completely remodeled by English craftsman attention to every detail has been given in the restoration of this beautiful 1-1/2 story home.</p>
<p>Close to Sunset Beach NC and Ocean Isle Beach NC. The features of this home in Calabash NC include vaulted ceilings, exquisite tile, solid wood doors, new oak &amp; granite kitchen with a modern flair, remodeled baths, &amp; newly refinished hardwood floors.</p>
<p>This home blends old world charm with modern convenience and taste.</p>
<p><a href="http://calabashtown.com/wp-content/uploads/2009/05/632382_02.jpg"><img class="alignleft size-medium wp-image-171" title="632382_02" src="http://calabashtown.com/wp-content/uploads/2009/05/632382_02-300x225.jpg" alt="" width="300" height="225" /></a><a href="http://pope-realestate.com/" target="_blank"><img class="size-full wp-image-157 alignleft" style="margin: 0px;" title="martha-copy" src="http://thewindsbeachclub.com/wp-content/uploads/2008/09/martha-copy.jpg" alt="" width="300" height="225" /></a>The interior of the home is stunning, including a sunken sunroom w/shimmering stone floor. All for only $179,900.</p>
<p>As an Accredited Buyer Representative I can furnish any information about and help you in the purchase of any property in our local Multiple Listing Service.</p>
<p>For more info on this or any other property anywhere in the area please contact me at <a href="mailto:martha@pope-realestate.com">martha@pope-realestate.com</a>.</p>
<p>I would love to help you!</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-</p>
<p><a href="http://calabashtown.com/wp-content/uploads/2009/05/632382_14.jpg"><img class="size-medium wp-image-173 alignleft" title="632382_08" src="http://calabashtown.com/wp-content/uploads/2009/05/632382_08-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><em><br />
</em></p>
<p><a href="http://calabashtown.com/wp-content/uploads/2009/05/632382_01-1.jpg"><br />
</a><a href="http://calabashtown.com/wp-content/uploads/2009/05/632382_14.jpg"><img class="size-medium wp-image-174 alignleft" title="632382_14" src="http://calabashtown.com/wp-content/uploads/2009/05/632382_14-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><em><br />
</em></p>
<p><em>By Martha Pope &#8211; Accredited Buyers Representative</em> <em>of the National </em><em>Association of Realtors</em></p>
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		<item>
		<title>Buying Real Estate At The Beach</title>
		<link>http://calabashtown.com/buying-real-estate-at-the-beach/</link>
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		<pubDate>Wed, 12 Nov 2008 20:41:45 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=96</guid>
		<description><![CDATA[By Martha Pope &#8211; Accredited Buyers Representative of the National Association of Realtors
This beautiful coastal and golf area is and always has been an incredible and fun place to vacation and it is also a terrific environment in which to own property. Whether you envision a second home on the Island or at one of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://pope-realestate.com/" target="_blank"><img class="size-full wp-image-157" style="margin: 10px;" title="martha-copy" src="http://thewindsbeachclub.com/wp-content/uploads/2008/09/martha-copy.jpg" alt="" width="288" height="207" /></a><em>By Martha Pope &#8211; Accredited Buyers Representative</em> <em>of the National </em><em>Association of Realtors</em><span id="more-96"></span></p>
<p>This beautiful coastal and golf area is and always has been an incredible and fun place to vacation and it is also a terrific environment in which to own property. Whether you envision a second home on the Island or at one of the area signature golf courses, the fun factor and the investment potential for you remains strong.</p>
<p>You might be amazed at the rental income one of these homes can generate while you get to vacation here also.</p>
<p>Some of you may have witnessed drops in your own home equity values or may be nervous because you have heard so much, for so long, about soft real estate markets – and you are understandably concerned.</p>
<p>While the market here has slowed somewhat it has held up much better than in other areas of the country. What this means is that as the economy improves nationwide the market in this area is apt to rebound much quicker. This could mean a great opportunity for those looking for a great investment.</p>
<p>Knowing the market where you plan to buy and determining the true value of any property under consideration (based on past sales and not necessarily the current asking price) will assure that you make the right decision and make your purchase at the right price.</p>
<p>Selling real estate at Ocean Isle Beach and this entire gorgeous area for the last almost 30 years has just been a wonderful life and I am truly grateful to have ended up here! If you are looking to invest in real estate in this area I would love to sit down with you and share my knowledge and expertise as an Accredited Buyer Representative of the National Association of Realtors with you.</p>
<p>We can discuss the boundaries of the market, locate the best property for you, purchase it at the best price possible, and finally help you put the correct financing in place by relentless comparison shopping!</p>
<p>At your leisure I invite you to visit my website at <a href="http://www.pope-realestate.com" target="_blank">pope-realestate.com</a> and click on the local MLS logo to check out what’s for sale currently. I welcome any questions or requests at any time!</p>
<p><em>By Martha Pope &#8211; Accredited Buyers Representative of the National Association of Realtors.</em> If I can help answer any questions, furnish further information or assist in any way please contact me at my website: <a href="http://pope-realestate.com" target="_blank">pope-realestate.com</a></p>
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		<title>The Time is Now For Real Estate</title>
		<link>http://calabashtown.com/the-time-is-now-for-real-estate/</link>
		<comments>http://calabashtown.com/the-time-is-now-for-real-estate/#comments</comments>
		<pubDate>Wed, 12 Nov 2008 20:38:49 +0000</pubDate>
		<dc:creator>gary</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://calabashtown.com/?p=84</guid>
		<description><![CDATA[A coach and speaker at the NAR (National Association of Realtors) Convention by the name of Rich Levin has absolutely hit the nail on the head!  He says &#8220;THE TIME IS NOW FOR REAL ESTATE&#8221; and he is 100% correct.  All of the factors are lining up for the next 6 to 12 [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://pope-realestate.com/" target="_blank"><img class="size-full wp-image-157" style="margin: 10px;" title="martha-copy" src="http://thewindsbeachclub.com/wp-content/uploads/2008/09/martha-copy.jpg" alt="" width="288" height="207" /></a>A coach and speaker at the NAR (National Association of Realtors) Convention by the name of Rich Levin has absolutely hit the nail on the head!  He says &#8220;THE TIME IS NOW FOR REAL ESTATE&#8221; and he is 100% correct.  All of the factors are lining up for the next 6 to 12 months to be that year and here&#8217;s why:</p>
<p>Interest rates are dropping below 6% on residential mortgage loans &#8211; and this is nationally.  The most likely scenario is that these mortgage loan rates will not stay this low for long so buyers would be wise to be actively looking to buy and take advantage very soon.</p>
<p>As buyers realize that it is a good time to buy (but not necessarily for sellers to sell) the demand will begin to absorb the foreclosures and short sales and then exceed supply.  Over the next year or two the additional demand may very well lead to a seller&#8217;s market, however gradual it may be.</p>
<p>The signs of this shift are occurring now &#8211; the supply of new construction and foreclosure homes are being absorbed by first time buyers, investors, and secure homeowners who are taking advantage of their financial strength.  &#8220;This Spring may be the tipping point when market activity flourishes,&#8221;  Rich says, and I believe it will.  After the first of the year mortgage money should be much more readily available from the banks.</p>
<p>He then refers to inflation as the &#8220;X factor&#8221; remembering a rapidly inflationary period.  For instance, one day you could put a quarter into the vending machine and get a Coke.  The next time it was forty cents and the next time it was fifty cents and within five years it was seventy-five cents and so on.  Your money buys less and the cost of what you buy increases.</p>
<p>If you owned real estate during this same period you were probably very happy because the property you owned also doubled in price no matter where you lived.  Who knows if we are on the verge of another inflationary surge &#8211; but if inflation does devalue our money&#8230;then real estate prices will increase (along with the price of almost all other hard goods) and this year&#8217;s buyers are going to benefit tremendously!  Regardless, it is time for buyers to get in the market!</p>
<p>At your leisure I invite you to visit my website at <a href="http://www.pope-realestate.com" target="_blank">pope-realestate.com</a> and click on the local MLS logo to check out what’s for sale currently. I welcome any questions or requests at any time!</p>
<p><em>By Martha Pope &#8211; Accredited Buyers Representative</em> <em>of the National </em><em>Association of Realtors</em>.</p>
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