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Home Sales

According to the IRS the average citizen in New Hanover County only earns $32k for males & $27k for females. But the real estate industry, developers, speculators, investors, etc. have placed homes well out of the price range for the average citizen. I work in a local attorney's office that specializes in real estate, etc. earning a full time gross income of only $20k. I want the American dream but it's well out of my reach. Very little for sale under $90k. Plus it's very costly to relocate to BIG CITIES that pay more but the cost of living is also higher. When will these businesses realize that they could sell huge numbers of homes if they placed them in the price range of the average citizen plus with the tax bills multiplying by 2,3,4 times according to where you live is forcing many folks to consider selling because they are unable to afford the tax bill.


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