Thursday, July 31, 2014

Waterfront Homes for sale in the New Bern area

Waterfront Homes for sale in the New Bern area

Everyone wants to live on the water. And why not? You can still find affordable waterfront property i the New Bern area. I live on the water and love it. That's me in the photo above proving that senior citizens can still enjoy skiing. Of coarse it took me a week to recuperate, but that ok.

Below I have listed some waterfront properties for sale under $350,000 that I feel are good buys. 

To search all waterfront homes for sale click the link below.

Let us know if you have any questions about any of these homes. To search all homes for sale in the New Bern area click the link below. 

It is still a buyers market in New Bern but waterfront home sales have picked up and great deals are harder to find. Call Steve or Jana today at 252 514 9157, and let them help you find a great deal.

Wednesday, July 30, 2014

Bank Owned Homes for sale in New Bern

Bank Owned homes for sale in New Bern

Click the link below to view bank owned homes for sale in the New Bern area.

Sometimes you can get a nice bank owned home that is priced well. on a bank owned home, other times they are in such bad condition that unless you are a professional contractor it is not a idea to consider buying. 

Realtor Steve Tyson is a licensed General Contractor with over 30 years experience in building and remodeling homes in the New Bern area. He will gladly help you assess if a bank owned home works for you.

To search all homes for sale go to 

Monday, July 28, 2014

Homes for sale in New Bern $150,000-$200,000

Homes for sale in New Bern $150,000-$200,000

Click the link below to view existing homes for sale in New Bern priced $150,000-$200,000

Click the link below to view New homes for sale in New Bern priced $150,000-$200,000

In the past year there were 285 homes sold in this price range.

To search all homes for sale in the New Bern area click the link below

If you have questions, or want any more information, on any of these homes for sale give us a call at 252 675 9595. We are ready to help you 24/7

How much will my closing cost run? Click the link below for more information.

Tuesday, July 08, 2014

New Bern NC Home Sales

Home Sales in New Bern for the first 6 months of 2014

Are home sales improving in the New Bern Market? I get asked that question often. Let's take a look at the data and see what is happening.

Home sales for 2014

Total sales through 6-30-2014=513

Average sales price=$163,042
Average days on market before a sale=147
Bank owned sales=90

Home sales for 2013

Total sales through 6-30-2013=534
Average sales price=$160,964
Average days on market before a sale=160
Bank owned sales=108

Here is my take on the Data

Overall, home sales are down 4% over the same time last year. That does not concern me so much. Why? Last year we saw a lot of distressed homes that were great buys and sales of those homes affected an increase in the total sold. Many of those homes were bought by investors and were not indicative of a normal sales market. Recently I spoke to a Real Estate Agent who specializes in listing Bank Owned Propertiesand he said there may be a shadow inventory of potential foreclosures lurking out there. Let's hope that is not the case as foreclosures and bank owned properties depress all home values.

Click here to see bank-owned homes


Average sales price is up slightly this year, about 1%. We are finally moving in the right direction after seeing prices fall for 6 years in a row. I am watching this number very carefully. Looks like the average sales price is about where it was in 2003 so we still have a long way to go to get to 2007 when the average sales price was $197,000.

Days on the market has decreased vs. last year. This is really good news. The faster that homes sell, the less inventory on the market. The less inventory, the more upward price pressure on homes.

We are excited to launch our Mobile App and it is a fantastic tool. If you have a smart phone and drive up to a home listed for sale, you can open the app and it will bring up the property data, including a slide show of interior and exterior photos.

Download our Mobile App by scanning the QR Code Below 
or by Texting KW2HMCM8Q to 87778.
For some of you older guys and gals (like me) that need instructions for doing this, you put the 87778 in the "To" area which is the same place you would put someone's phone number and the KW2HMCM8Q is typed into the "message" area. When you download the App it may ask for an agent code or validation number and if it does use KW2HMCM8Q

With the tough sales market, many owners are opting to rent rather than sell at today;s market values. Keep in mind that Jana and I manage rental properties as well as sell real estate.If you know someone that wants to rent their home out, tell them to give us a call. We can definitely help them.Our rental manager Penny can be reached at 252-639-0200. Reach us online at www.RivertowneRentals.Info

Looks like right now we are moving in the right direction. Let's keep our fingers crossed, but for now we are looking better that we have in 7 years.

To Buy or Sell real estate, we would love to assist you and your friends. Search homes for sale by clicking here www.TysonGroup.Info

Have a great Summer,