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Eleanor Copeland
November 2009
Real
"STOP DREAMING AND START DOING!"
Copyright © 2009 Realty Times
All Rights Reserved.


Pat Copeland




Vital Information For
First-Time Buyers


  The first-time homebuyer Federal tax credit for $8000, record-low interest rates, and nationwide median home prices dropping to the lowest point in five years, makes this an enticing time to consider buying a home. By the way, that tax incentive isn't truly just for first-time buyers -- it's defined as those not having owned a home in the last three years. Research and knowing your options are critical. Check with your tax accountant for more details. It’s increasingly likely that Congress will extend and expand the popular home buyer tax credit, which will expire at the end of this month.


Mortgage Rates
U.S. averages as of October 29, 2009:

30 yr. fixed:   5.03%
15 yr. fixed:   4.46%
1 yr. adj:        4.57%




View current rates





      According to an article in August in the Raleigh News & Observer, 10.8 percent of buyers are motivated to buy due to Federal and state tax incentives. So far only 1.14 million buyers have filed



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Relieving the Stress of Packing

     Packing can be stressful time for every member of the family. To ensure that your move goes as smoothly as possible, try the following tips!
      Pack a "Red Box"
      Since one in five American families moves every year, that means 22 million families may be searching for their TV remote controls!
      One of the pitfalls of packing for a move is you can't always anticipate what you'll need when you arrive at your new home, and movers typically list only the obvious such as dishes, glasses, bedding, etc. The miscellaneous items you need in the first few hours invariably wind up on the bottom of a random box.
      To start, you may want to create your own "red box" as some moving companies ("Removers") do in Great Britain. This is the last box loaded and the first one off the truck. The one universal item in the red box is the tea kettle (perhaps this would be the coffee maker in the U.S.). This is also the place




Making Your Home Age Appropriate Creates Appeal

     All of us have something in common with our homes. Sure, style, design, and location are at the top of the list, but how about age? As we age, buyers, especially the baby boomer generation, are looking to transform their homes into a place that they can stay in for as long as possible or they're hoping to find one that's already equipped for them to age-in-place.
      So how old your home and you are, are reason to give some thought to if your home needs age-appropriate adaptation in order for you to be most comfortable. And, in doing so, you may actually make your home more valuable to a wider audience of buyers, should you ever sell it.
      According to the National Homebuilders Association, making a home suitable for the golden years is economicaly sound. The baby boomer generation (77 million people) makes up 28 percent of the U.S. population. Assisted living for this generation can cost more than $60-thousand per year, not counting moving expenses.
      That's pretty pricey. So, if you've taken some steps to make your home an age-in-place sanctuary, then make sure you highlight those renovations if you ever



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September Local Market Conditions
     This monthly article will keep you up to date on the current conditions of our Local Housing Market. Any questions, please feel free to contact Eleanor or Pat at eleanorc@bluewatergmac.com and patcopeland@bluewatergmac.com
     
     SEPTEMBER SOLDS 2009
     
     
     
     ATLANTIC BEACH, NC
      307 Atlantic Blvd W B =$490,000
     2511 Ft Macon Rd 305B =$270,000
     
      BEAUFORT, NC
      946 Crow Hill Rd =$520,000
     212 Old Causeway Rd 103 =$450,000
     100 Olde Town Yacht 301 =$450,000
     2511 Front St 5 =$300,000
     2411 Front St A3 =$239,000
     104 Travis Dr =$219,000
     1404 Pirates Landing =$154,000
     202 Pirates Landing =$135,000
     242 Steel Tank Rd =$107,500
     280 Firetower Rd =$34,000
     
     
     
     CAPE CARTERET, NC
      164 Hunting Bay Dr =$225,000
     109 Quailwood Cir =$220,000
     408 Arabian Ln =$162,000
     112 Brigantine Ct =$145,000
     348 Old Church Rd =$118,800
     
     
     CEDAR POINT, NC
      106 Lookout Ridge =$369,900
     
     
     
     EMERALD ISLE, NC
      9707 Dolphin Ridge Rd =$800,000
     9711 Green Glen Rd =$679,000
     6805 Canal Dr =$607,143
     106 Ocean Oaks Dr =$409,000
     104 Melanie St =$368,000
     315 Loblolly St =$240,000
     2306 Emerald Dr 10 =$213,500
     8612 Powell Dr =$162,500
     118 Sea Dunes Dr =$150,000
     1206 Emerald Dr =$143,500
     304 Fairview Dr =$125,000
     
     
      HARKERS ISLAND, NC
      134 Maxwell Dr =$765,000
     675 Bayview Dr =$170,000
     
     
     INDIAN BEACH, NC
     
     Salter Path Rd 304C =$475,000
     1700 Salter Path Rd 301L =$340,000
     1700 Salter Path Rd 201P =$275,000
     
     
     
     MOREHEAD CITY, NC
      3307 Evans St =$1,300,000
     1929 Snowy Egret Ln =$312,000
     1509 Dills Creek Ln =$272,000
     210 Raleigh Ave =$225,000
     508A Village Green =$225,000
     3705 Hedrick Dr W =$215,000
     3710 Country Club Rd =$195,000
     3702 Kenzie Ct =$180,000
     1208 Arendell St =$173,775
     2308 Emeline Pl =$168,500
     109 Fairway Ct =$165,000
     4513 Country Club Rd 103G =$150,000
     904 Carriage Crossing =$138,500
     600 35th St N 902 =$92,900
     1914 Snowy Egret Dr =$57,500
     1703 Royal Tern Way =$55,000
     2414 Marsh Tern Ln =$55,000
     1510 Audobon Ln =$45,000
     1512 Audobon Ln =$40,000
     1514 Audobon Ln =$37,500
     1705 Royal Tern Way =$37,500
     Eaton Drive =$15,000
     Eaton Drive =$15,000
     
     
     
     NEWPORT, NC
      161 Pearson Cir =$575,000
     603 Edgewood Ave =$289,000
     111 Gracelyn Ln =$275,000
     106 Gracelyn Ln =$275,000
     108 Cherry Ln =$250,000
     924 Hwy 24 =$225,000
     140 Bogue Dr =$217,500
     1669 New Bern St =$184,900
     301 South Tree Ct =$172,500
     623 Mourning Dove =$154,000
     162 Bayberry Rd =$149,900
     606 Mourning Dove =$145,500
     306 Deer Run =$141,000
     435 Nine Foot Rd =$140,000
     131 Bogue Sound Dr =$135,000
     703 Courtyard W 703 =$128,000
     115 Creek Line Dr =$112,000
     444 Kensington Place =$107,000
     462 Masontown Rd =$92,000
     217 Goose Creek Blvd =$85,000
     1013B Wesley Ln =$75,000
     
     
     PINE KNOLL SHORES, NC
     113 Dogwood Circle =$925,000
     565 Salter Path Rd X2 =$415,000
     545 Salter Path Rd L2 =$373,000
     117 McGinnis Dr =$320,000
     12 Bermuda Greens Rd =$295,000
     
     




Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.



More Articles


October Round Up: Rates Stay Flat

Real Estate Investment Buying Tips

Remodelers Help Homeowners Lower Heating Costs with Weatherization Programs

Extending Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery



Eleanor Copeland, CRS, GRI, Broker-in-Charge
E-mail: eleanorc@bluewatergmac.com
Web: copelandrealestatenc.com
Cell: 252-342-3660

Bluewater GMAC
252-504-3334
601 Cedar Street, Suite 5
Beaufort, NC 28516

Pat Copeland, Broker-in-Charge
E-mail: patcopeland@bluewatergmac.com
Web: patcopeland.com
Cell: 252-422-5885


Equal Housing Opportunity

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