Our real estate market is viable

By
Real Estate Agent with RE/MAX Preferred Realty

Since real estate markets are so localized, we are proud to live in thriving Pitt County.

Because North Carolina put stringent requirements on mortgage lenders several years ago, our real estate market is moderately stable.  We haven’t seen the appreciation rates soaring like some areas in our state, therefore, we feel very fortunate to live in Greenville, NC.  Historically, our single family homes have seen an average of 3% appreciation each year giving us a very healthy real estate market.  

The steady and measured growth of East Carolina University, Pitt County Memorial Hospital and local industry has provided us with a bright past and future.  The new heart institute, the new family practice center, dental school and continued growth in local industry will require a growing workforce and expanding real estate market.

However, in some cases, potential buyers moving to our area will have delays in selling their existing home in order to buy in Pitt County.

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