I am in the process of completing an appraisal of a single family residence in Sneads Ferry, NC. I just completed a market analysis of the area and found some interesting statistics. It appears Sneads Ferry is a "hot area". Market statistics for single family homes between 140K and 190K and between 1000 sq ft and 1900 sq ft built after 2000 show these properties are in demand. Statistics show supply and demand to be in balance with a typical marketing time of less than 3 months.
I started working on this assignment on Friday and at a dinner party on Saturday I met a Marine from Camp Lejeune. This Marine said southern portion of Camp Lejeune is currently being developed and is expected to be the location where many Marines will be working each day. It was his opinion Marines are now preferring to be south of the Base which is leading to many Marines choosing to buy in Sneads Ferry. He mentioned traffic issues and reducing commuting time as 2 reasons Marines are making Sneads Ferry home.
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