All tagged jess edwards
The Federal Reserve's recent decision to lower its key interest rate by 0.5 percentage points, two months before a presidential election, is expected to have a significant impact on the local housing market. The federal funds rate now stands at approximately 4.8%.
Asher Willis has officially become the full owner of The Right Angle located at 210 N Herritage St. The transition of ownership was led by a determination to keep the framing shop alive by both Willis and his predecessor, Jess Edwards, who had purchased the building in 2017 and kept the frame shop thriving.
At a recent Rotary Club meeting, realtors Jess Edwards and Nathan Perry provided an update on the housing market in Lenoir County. The average home price in Lenoir County has risen. In 2016, the average home price was $98,000. In 2022, the average price is $162,000 and expected to rise by the end of the year. For a single residential home, in 2016, the price was $105,000 and in 2022 it is $180,686.
The housing market in Kinston and Lenoir County has been on an upswing in recent years.
