So, how are home sales in New Bern and Craven County year to date? Let's take a look and see.
Jan. 1- Aug.14 2013=683. Of these 132 were Bank Owned sales.
Jan. 1- Aug.14 2012=615. Of these 71 were Bank Owned sales.
Jan. 1- Aug.14 2011=612. Of these 94 were Bank Owned sales.
Jan. 1- Aug.14 2010=651. Of these 63 were Bank Owned sales.
Jan. 1- Aug.14 2009=622. Of these 94 were Bank Owned sales.
Although the total number of home sales are up this year, they are up by almost the same number as the increase in foreclosures.
The national media reports of big increases in home sales is true in certain markets. These market are by and large areas such as Raleigh, Dallas, Austin, Denver, and some cities on the west coast. Florida, Nevada, CA., and Arizona are showing improvements but you have to remember, they had no where to go but up. Also, some of these markets were declining 1-2 years before the New Bern Market.
As I have been saying for some time, I feel like in New Bern we are at or near the bottom of the market. Don't get your real estate info from the national news, get it from my blog where I will keep you up to date with accurate local real estate news.
If you have any questions about this info or would like more info on home sales in the New Bern area visit my website www.newbern-nc.info