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Thursday, April 15, 2010

Fayetteville, NC Continues to Receive National Recognition As One of the Top Five Places to Sell a Home

(Fayetteville , NC) Although home values across the country are down 12 % from this time last year, Fayetteville, NC is proving to be a force to be reckoned with during a time of current economic turmoil, according to the Zillow Real Estate Market Report.

Zillow ranked the top five places to sell or buy a home Tuesday, with Fayetteville, NC ranking second to Washington D.C. for the best places to sell a home. This story was featured on “Good Morning America”, as well as Forbes.com. According to zillow.com and reported on “Good Morning America,” Fayetteville, NC now has the “best performing housing market in the nation” due to a 6.3% increase in property values over the past ten years. GMA also reported that the median home value is up 13.4% from ten years ago, with a value of $120,600.

“Fayetteville, NC is not only a great place to live because of its quality of life. It is also a tremendous investment,” said Doug Peters, President and CEO of the Fayetteville-Cumberland County Chamber of Commerce. “Where else in this County can you find a place where 95% of homes are sold for a gain?”

Zillow.com is an online real estate marketplace where homeowners, buyers, sellers, real estate agents and mortgage professionals find and share vital information about homes and mortgages, for free. For more information on home values and the full national report, visit www.zillow.com/reports/RealEstateMarketReports.htm.

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