Sunday, September 27, 2009
New Bern Real Estate
Never before has it been more important to choose the right Real estate team to help you with your real estate needs. the Tyson Group has the experience and resources to market your property or find the right home in the right neighborhood for you. With 100 million in real estate production in the past 6 years they know the local market like no one else.
Home sales are off significantly from 2008 which itself was a down year. My prediction is that nationwide 2010 will be marginally better than 2009, but the local market might under perform the national trend mainly because our market did not fall as fast or as hard as the national market in the early stages of the housing recession. I will keep you up to date and on top of the local market as we move forward.
I believe it is a great time to buy real estate largely because of interest rates. If home prices decline another 20% but interest rates went to 7.5% you are still ahead of the game buying now. If you need a home, buy now.