Market Conditions for Havelock, North Carolina Reported by Nan Simcox, REALTOR, ABR, CRS, GRI, e-Pro Updated August 30, 2008.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 2 1 2 3 4 5 Falling Rising

The last two years have seen significant growth here in Coastal North Carolina. Despite the number of people deployed to Iraq and other hot spots around the world, homeownership continues to be an important part of life here where families can enjoy a comfortable life despite their breadwinners' absence. We pray for them daily. In addition, more and more retirees are relocating to this part of North Carolina as they visit and fall in love with our quiet way of life.

Good News For Buyers: For the first time in nearly 3 years local Builders are offering incentives ranging from no-fee upgrades and amenities to up to $6000. toward Buyer's closing costs - a great time to look for that lovely new home!! The selection of available previously owned homes is the largest we have had in a long time. Combined with some great low rates and mortgage programs - there are great opportunities out there!

The following statistics were taken from the New Bern Multiple Listing Service and, as of August 31, 2008, the following is current:

129 Active Single Family Listings Here is the breakdown per the New Bern MLS:

Under $100,000 = 2
$101,001 - $150,000 = 34
$150,001 - $200,000 = 48
$200,001 - $300,000 = 30
$300,001 - $500,000 = 6
$500,001 - $1,300,000 =2

Pending Closing: 30

PLEASE NOTE: If you or anyone you know is thinking of selling, please call and give me the opportunity to show you how I can get the job done for you.. it will be greatly appreciated! Nan@CallNan.com or (252)671-7802

175 Single Family Homes Sold & Closed from 01/01/2008 -08/31/2008 and 15 closed in August with the breakdown:

Under $100,000 = 0
$100,000 - $150,000 = 4
$150,001 - $200,000 = 5
$200,001 - $300,000 = 6
$300,001 - $500,000 = 0
Over $500,000 = 0

If you would like more information on a specific neighborhood or a market analysis for the sale of your home, please call Nan or e-mail her at: Nan@CallNan.com


ZIP Code: 28532

Approximate Location Boundaries: The Havelock boundries are all of zip code 28532 which encompasses all the property from Tucker Creek on the Northwest side of the City to Adams Creek Road and the Carteret County line on the Southeast part of Craven County

Location Characteristics: Havelock is a small, friendly community primarily composed of people who have relocated from all over the United States.... the main "attraction" being Marine Corps Air Station Cherry Point. In addition to being the home of the largest Marine Corps Air Station in the world, the area boasts a abundance of outdoor attractions mainly centered around water. There are numerous creeks, rivers, the Inland Waterway and the Atlantic Ocean a mere 30 minutes to the south. The climate is mild, taxes are reasonable, the cost of living is moderate and residents here consider Havelock one of North Carolina's best kept secrets. The City population is a mix of active duty Military, Retirees, both Military and Civilian and Department of Defense Contractors employed at the NADEP repairing aircraft. Retirees looking for a reasonably priced cost of living are also finding Havelock a great place to relocate from all over the USA and overseas.

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