Happy New Year, Neighbors!
Well, 2008 is over! While the real estate year was challenging along with the economy in general, Eastern North Carolina stayed strong as a contender for most favored place for families relocating for better quality of life, for retirees, and for second home buyers. We continue to get requests every day for information about New Bern, but the story is often , “We have to sell our house first”……
On the bright side, there is a large inventory of homes on the market to choose from and interest rates are at record lows. If you are a buyer or considering a second home or investment property, this is definitely the market you have been waiting for. That’s why they call it a BUYERS MARKET!
If you are a Seller and are feeling you should wait until the market comes back, consider this. While you may not get quite as much on the sale of your home as you wish, you will more than make up for it on when you get a great buy on your new home. Chances are, what you save on your new home will compensate for the lower sale price on your existing home.
A professional Realtor® tackles a “SHIFTING MARKET” by researching the current statistics and studying the trends in order to provide better service to every client!
Now more than ever, having a trusted and skilled real estate advisor on your side can make a huge difference. It was easier in the old days to “ball park” real estate, but now you should be asking for real estate statistics from your Realtor® so you can make informed decisions.
These charts , STATE OF THE MARKET 2008 (View this File ), were compiled by my Realtor® partner, Dianne Dunn of Keller Williams, and she graciously allowed me to share them with my Trent Woods neighbors. Remember, knowledge is power and does give us the edge when making decisions.
Buying and selling Real Estate are among the most important decisions you will ever make, so call a Professional Realtor® today to get your free consultation!
Your Real Estate Consultant,
Donna Harmatuk
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