Market Conditions for Havelock, North Carolina Reported by Nan Simcox, REALTOR, ABR, CRS, GRI, e-Pro Updated October 13, 2009.

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

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

Halloween and another Daylight Savings season coming to an end - the year is really winding down! Now is the time for thinking and planning for 2010 and I am planning a great year for both my real estate business and my personal time. Hope your plans are exciting and inspiring and your year will be great as well.

Real Estate continues to be challanging for many sellers but for buyers there are lots of choices right now.. custom new home or older home with lots of character and comfort. There are new homes in numerous locations: pristine, executive housing developments; golf and country club locations; lovely new starter homes; magnificent homes on the Neuse River; country homes set in the woods... truly something for everyone! Also for buyers: Builders continue to offer generous incentives ranging from custom amenities at no additional fee to help toward buyer's closing costs - now is the time to jump on these extras!!

PLEASE NOTE: time is running out to claim the $8000 tax credit offered by our government to any buyer who has not owned a home in the past 3 years - (please call for details!). Also note that interest rates continue at very affordable levels and, contrary to the many media reports, there is mortgage money available!!

The last few years have seen significant growth here in Coastal North Carolina. Despite the number of people deployed to Iraq and and Afganistan, 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.

All the following statistics are from the Neuse River Region Multiple Listing Service and are current as of September 30, 2009:

116 Active Single Family Listings priced from $59,900 to $1,150,000 are currently available and here is the breakdown per the Neuse River Region MLS:

Under $100,000 = 1
$101,001 - $150,000 = 31
$150,001 - $200,000 = 57
$200,001 - $300,000 = 17
$300,001 - $500,000 = 7
$500,001 - $1,000,000 = 2
$1,000,001 - $1,150,000 = 1

Sold and Pending Closing: 17

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

131 Single Family Homes Sold & Closed from 01/01/2009 to 09/30/2009 from $70,000 to $249,000. with 16 homes closed in the month of September. Here is the breakdown of the closed single family homes for September:

Under $100,000 = 1
$100,000 - $150,000 = 7
$150,001 - $200,000 = 8
$200,001 - $300,000 = 0
$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 are 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.

For More Information:

• Visit My Web Site
  
• View My VIDEO Newsletter
  
• View My Newsletter
  
• Ask Me A Question