Saturday, March 27, 2010

New Bern Home sales 2010

Through March 27, 2010 there have been 218 home sales in the New Bern, Havelock, Oriental, areas. This compares to 232 sold in the same time frame as 2009. This represents about a 6% dip in sales thus far this year.

There are currently 215 new homes for sale. During the last 6 months 98 new homes were sold, equating to about a 13 month inventory of new homes for sale. Some price points are selling pretty good, others not so good so it is important for builders to do their homework before building a spec house.

Thursday, March 04, 2010

Latest info on absortion rates in New Bern

Good news on latest info regarding absorption rates in the New bern area. Things are looking a little better. The inventory in just about every area has gone down. Lets hope it continues.