New Home Sales are Up in the Fayetteville Housing Market

Good news in the local housing market! The Fayetteville Observer reported this week that new home sales were up in April in the Fayetteville / Fort Bragg area. Eleven more new homes sold in the Cumberland County area in 2012 than during this same period last year. Getting in to a new home has never been more affordable than it is right now. Mortgage rates are lower than ever, Ft Bragg NC BAH rates are up, and new homes are plentiful. Many builders are sweetening the pot with upgrades, incentives and paid closing costs in an effort to draw buyers from existing homes. Resales have been a bit slower to rebound here locally, but a report from the National Association of Realtors shows that existing home sales were up 3.4 percent across the country in April. You can search all available Fort Bragg NC real estate listings for both new construction and existing homes at pcsPads.com.