Home Sales in New Bern

The Week in Review

24=Total Sales in the last week. 5 of  the 24 homes sold were over $200,000 and the most expensive home sold was $395,000. 7 of the 24 homes sold were Bank Owned. Ouch, that is not good. When will all the foreclosures end? Good question, and we will explore that more at later date.

23=Total Sales in the last year, same date. 7 of the 23 sold were over $200,000 and the most expensive home sold was $695,500. 4 of the 23 sold were Bank Owned.

Have a great Weekend,

New Homes for Sale in New Bern

Is a new home in your future?

There is quite a nice selection of new homes for sale in New Bern. And the prices are very competitive with existing homes for sale. Combine that with the fact that interests rates have never been lower and it all adds up to a great time to buy a new house. 

Perhaps your family is growing and you need more space. Or, you are empty nesters and are looking to downsize. What ever the reason, we are ready to help you find the right new home for you. 

For a list of new homes currently on the market click the link below. If you have any questions about any of these homes give me a call at 252 514 9157.

http://www.easternncmls.com/new/maildoc/tysojs_1368653761-May-15-2013-5_36_01pm.html

Bank Owned Homes in New Bern

Current list of Bank Owned Homes for sale in New Bern

Click the link below, or copy and paste into your browser, to view a current list of Bank Owned Homes for sale in New Bern. Many times Bank Owned Homes are in need ofs that will be necessary to make the house livable. Often it just makes more sense to purchase a well valued non distressed home.

If you have any questions on these or any other homes for sale give me a call.

http://www.easternncmls.com/new/maildoc/tysojs_1368550065-May-14-2013-12_47_45pm.html

New Bern Home sales in May

How are home sales  May 1-9 2013

Here is how they compare to to years past.

2013=21

2012=25

2011=30

2010=23

I told my wife the other day things seemed to be slowing down a little and according to this data I may be right. We will continue tracking the market and see how May finishes up.

This chart shows the Home absorption rate by in various neighborhoods and areas. The lower the number the better. Rule of thumb is that anything more than 6 months is a buyers market. The bottom line is that we are still in a tough real estate market.

If you would like a custom absorption chart for your neighborhood let me know.

Ever wonder how much a boat slip cost? The link below will show you all the boat slips in the area that are for sale. All but one are in Pamlico County.

http://www.easternncmls.com/new/maildoc/roscoe_1367582970-May-03-2013-8_09_30am.html

Only two have sold in the last two years so it is a buyers market for sure. If you are a serious sailor and are in need of a place to park your boat, give me a call.

We also have some reasonably priced deep water lots on protected water for sale. Great time to buy waterfront as the supply is limited.

April Home Sales

How are Home sales in April so far? Lets take a look

April 1-April 27 2013=102  of these 31 were Bank Owned

April 1-April 27 2012=99    of these 17 were Bank Owned

April 1-April 27 2011=92    of these 28 were Bank Owned

April 1-April 27 2012=72    of these 4  were Bank Owned

The key number to watch is the Bank Owned sales. When that number starts to decline Home prices should start to firm up.