Blair Properties, LLC
February Newsletter
Forget the Flowers, Chocolates and Jewelry. Give Her What She Really Wants...A New Home.
Happy Valentines Day From Blair Properties!
Featured Properties

809 Coffey Ave
North Wilkesboro

Price: $499,900
Bedrooms: 5
Bathrooms: 5.5
Square footage: 4642

687 Vannoy Maxwell Rd
Purlear
UNDER CONTRACT

Price: $439,900
Bedrooms: 3
Bathrooms: 3.5
Square footage: 3292

428 Shady Lane
Wilkesboro
Forest Hills

Price: $175,000
Bedrooms: 3
Bathrooms: 2
Square footage: 1835


967 St. Clair Rd.  
Taylorsville

Price: $169,000
Bedrooms: 3
Bathrooms: 2
Square footage: 1600

1547 Ivy Trace  
Townhome
UNDER CONTRACT

Price: $169,900
Bedrooms: 3
Bathrooms: 2.5
Square footage: 1512

348 Arbor Grove Church Rd.  
Millers Creek

Price: $129,900
Bedrooms: 3
Bathrooms: 1.5
Square footage: 1674

9857 Statesville Rd.  
North Wilkesboro

Price: $128,900
Bedrooms: 3
Bathrooms: 2
Square footage: 2028

4081 Old Hwy 60  
Hamptonville

Price: $124,900
Bedrooms: 3
Bathrooms: 2
Square footage: 1680




6906 Boone Trail
Millers Creek

Price: $89,900
Bedrooms: 3
Bathrooms: 2
Square footage: 1296

New Patio Homes Are Being Built....
The Fieldstone Estates offers
3 bedroom 2 bath homes. Buyers have the opportunity to move into a brand new home in a gated community with amenities such as paved streets, lawn care, and street lights.

Prices Range from the mid to upper $300,000's






Amy Blair
336-957-7077 Cell
336-667-7355 Office

Refined Mountain Living

At Cielo Falls, you will find a luxury mountain home community offering a timeless blend of casually elegant living and family adventure. Located just a mile from the Blue Ridge Parkway.
1-3 acre lots available ranging from prices $24,190-$40,690

Angela Day 336-927-0696
 
Commercial Property Rental Opportunity


Office Building in Downtown
North Wilkesboro
This building features a reception area, three offices, a break room and two baths. Great location with street parking and additional parking beside the building. 
$850.00 monthly
Call Kelly 336-7368 (Rent)


2017 was the best year for existing home sales since 2006

By:
Eric H. Schumacher
Mortgage Loan Originator
 
Despite a weak December ending a trend of two straight months of increases, there were still more existing homes sold last year than in any year since 2006.
 
The most recent data from the National Association of Realtors shows that existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.1% in 2017 to a 5.51 million sales pace.
 
That bests 2016’s total of 5.45 million and becomes the highest that figure has been since 2006, when there were 6.48 million existing homes sold.
 
According to the NAR report, existing home sales fell in December by 3.6% to a seasonally adjusted annual rate of 5.57 million from a downwardly revised 5.78 million in November.
 
Lawrence Yun, NAR’s chief economist, said that the housing market performed “remarkably well” in 2017, with “substantial” wealth gains for homeowners and “historically low” distressed property sales.
 
“Existing sales concluded the year on a softer note, but they were guided higher these last 12 months by a multi-year streak of exceptional job growth, which ignited buyer demand,” Yun said. “At the same time, market conditions were far from perfect. New listings struggled to keep up with what was sold very quickly, and buying became less affordable in a large swath of the country. These two factors ultimately muted what should have been a stronger sales pace.”
 
According to the NAR report, the median existing-home price for all housing types in December was $246,800, up 5.8% from December 2016’s total of $233,300. That marks marks the 70th straight month of year-over-year price gains.
 
“Existing home sales posted a weak December, ending 2017 on a disappointing note after appearing to have picked up momentum in October and November. They ended the year very close to where they began it,” Zillow Senior Economist Aaron Terrazas said.
 
“Home shoppers and sellers also had to contend with a longer than normal holiday season and rising prices. Condo sales fell particularly sharply in December, which was to be expected given their exceptionally strong surge in November. Existing home inventory is unlikely to ease in the months ahead, making new home construction all the more critical to meet the housing needs of millennials who are finally confident enough in the economy to buy houses and start families,” Terrazas concluded.
 
As Terrazas noted, inventory is still a concern.
 
According to NAR’s report, total housing inventory at the end of December fell 11.4% to 1.48 million existing homes available for sale, and is now 10.3% below one year ago.
 
Housing inventory has now fallen year-over-year for 31 consecutive months. Unsold inventory is at a 3.2-month supply at the current sales pace, which is down from 3.6 months a year ago to the lowest level since NAR began tracking that data in 1999.
HousingWire
 





Blair Properties January Top Producer

Angela Day
336-927-0696
 
Wilkes County Market  Statistics for  January 2018

Total New Listings During This Time Frame 65
Median Sold Price $125,000 
Average Sold Price $ 128,951
Average Days on Market 149
Total Sold Dollar Volume  Residential $4,513,292
 
Blair Properties Rental Management
336-667-7368
Kelly Wingler, full time rental property management who specializes in home and commecial rental properties. She manages over seventy (130) rental properties and can find the perfect place for you to rent, or she can also manage your property. She performs complete background checks on all prospective tenants and can take the aggravation out of managing your own property. 
The Rental Market is booming and we need rentals. 
Call Kelly at 336-667-7368 for any help you might need
If you have any questions
or would like to schedule a
viewing, call or email me.
Blair Properties, LLC
We Do What We Do For Our Clients!
336-667-7355