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Coldwell Banker Willis-Smith

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Office Location Coldwell Banker Willis-Smith
115 Middle Street
New Bern, NC 28560
800.334.0792 office

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Buying Real Estate

There are currently 16 blog entries related to this category.

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New Indicators Show a Housing Rebound

Monday, January 23rd, 2012 at 9:49am. 52 Views, 0 Comments.

Article From HouseLogic.com

By: Gavin Mathis
Published: January 20, 2012

Existing-home sales, low mortgage rates, and a spike in home builder confidence point to a housing turnaround.


Rebounding from another slow year, the housing market is picking up steam. Prospective home buyers are taking advantage of low mortgage rates, and home builder sentiment reached its highest level in more than 4 years this week. Housing is also gaining a bit of attention on the campaign trail. Dems and Republicans took part at a South Carolina rally promoting home ownership.  Read the following articles from last week headlines.

HouseLogic: Home Sales Rise in December.  Existing home sales continued on an uptrend in December, rising for a third consecutive month and…

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Market Update - A Local Perspective

Tuesday, November 15th, 2011 at 2:35pm. 47 Views, 0 Comments.

As the holiday season approaches, buyers are continuing to look for opportunities in our local real estate market.  The inventory of homes is plentiful, mortgage rates are at their lowest in memory, and homes prices have trended downward. According to the statistics in our Multiple Listing Service, NRRAR, the first 10 months of 2011 show our market area experiencing only a 1% decrease year-over-year in the number of homes sold and an 8% decrease in the average selling price, from $171,084 to $157,982.  Realistically, these numbers show the lower average sales price that has kept our company busy.  Average days on the market during the first ten months of 2010 were 213 days versus 222 days for the same period this year.

When do you know the market is…

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The Times They Are a-Changin'

Friday, August 5th, 2011 at 1:55pm. 125 Views, 0 Comments.

victorian house for saleHistorically low interest rates and rock bottom prices are bringing Buyers into the market. With interest rates below 5%, Buyers are thinking it can’t get much better than this.  And it’s true, for first-time buyers this may be the opportunity of a lifetime. FHA loans require only 3.5% down and some lenders have special programs that require even less for a down payment. Contributions to Buyers’ closing costs are negotiated to be paid by the Seller for first-time buyers.  A case in point, this week one of my clients in her sixties who had recently retired, purchased her first home. She is delighted her mortgage payment is less than her monthly rent had been on a smaller home in poorer condition.   

Another sign of more demand is that we are seeing…

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Why rent when you can own with no money down and no closing costs??

Wednesday, June 22nd, 2011 at 12:47pm. 184 Views, 0 Comments.

3400 Richard Ct, New Bern, NCAmazing!! No down payment and no closing costs for a brand new 3 bedroom 2 bath house!  Monthly payments will be $865.  Why rent when you can own a new home with no money down? 3400 Richard Court in Pinecrest Estates I in New Bern qualifies for a 100% CHIP loan from BB&T and the builder is paying ALL of the closing costs. 

Located on a cul-de-sac in a small, friendly neighborhood.  Pinecrest Estates is convenient to Hwy 70E, Hwy 43 and Hwy 17. Only 25 minutes to Marine Corps Air Station Cherry Point and 45 minutes to Camp LeJeune and Eastern Carolina University.  Call Elaine Hiner, Realtor, for more information 252-670-0706.

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Nationwide Open House This Weekend!! June 4th & 5th

Thursday, June 2nd, 2011 at 3:19pm. 167 Views, 0 Comments.

 Open HouseColdwell Banker Willis-Smith will be participating in the Nationwide Open House Weekend - June 4th and 5th.  This  event falls in the midst of what is typically prime buying season. And, according to The National Association of Home Builders, home affordability has reached its highest level in 20 years—making the purchasing power for buyers better than it has been in decades.

Our real estate professionals will be on hand this weekend at the following open houses to answer questions about the buying and selling process, as well as the benefits of being a home owner.

 

Saturday & Sunday, June 4th and 5th   ~   1-3 p.m.

119 Shoreview Drive        Stillwater Harbour 
206 Margo Court             River Bend
251 Goose Creek Drive    Crump Woods
206 Pinecrest…

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Are we really anticipating a Spring Thaw?

Wednesday, March 9th, 2011 at 3:44pm. 148 Views, 0 Comments.

Ronald L. Phipps, President of the National Association of REALTORS®, wrote an excellent article in the March 2011 REALTOR Magazine, titled “Anticipating a Spring Thaw”. . . . a spring thaw in the real estate market?  Wouldn’t that be wonderful?  He states that “These are the most challenging economic times that most of us have ever known”.  It has indeed been a long, cold economic winter in Real Estate.   But the signs of spring aren’t only showing in the weather, but also in the Real Estate Market here in New Bern, NC.  We've seen an uptick in folks visiting the area and property showings have increased over the last several weeks.

Phipps states that among the encouraging signs are pending homes, anticipated home sales, and the consumer confidence…

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Waterfront, waterfront, waterfront!!

Tuesday, September 21st, 2010 at 8:49am. 171 Views, 0 Comments.

You are going to love 150' on the Trent River in New Bern, 1.26 acres, a large contemporary home with four bedrooms, four baths, wide water views, and a hot tub overlooking the water.  This home is located in River Bend, a lovely golf and boating community conveniently located near shopping, Highway 17, and Highway 70. 106 Plantation Drive, New Bern, NC               

River Bend is on the edge of New Bern, the best place to live and play in North Carolina.  If you are looking for a relocation destination where the people are friendly, the weather is nice, the opportunities for following your dreams are abundant and you have always dreamed of living on the water, please call me for more information about 106 Plantation Drive.  Everything that this home offers can be yours for $550,000. …

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Want a fabulous two-year old home on 5.86 acres in an Equestrian Community?

Tuesday, July 13th, 2010 at 1:56pm. 500 Views, 1 Comments.

The community of Gables Run in New Bern has amenities like horse stables, riding arenas, walking trails, and a large park area.  This gorgeous home has four bedrooms, three full baths and two half baths. With over 4200 square feet of living space, the home features beautiful harwood floors and a great modern kitchen. Family must move. Lowest price in area.  Near shopping and just a few minutes to Historic Downtown New Bern.  Only $599,900.  Call me today to see this home at 33 Gables Road.  Nancy Stallings 252.617.7520 or email me 33 Gables Road, New Bern, NC nancystallings@coldwellbankerhomes.com. 

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Brand New Construction ~ 4742 Corena Drive, New Bern, NC

Thursday, July 8th, 2010 at 10:08am. 463 Views, 0 Comments.

This adorable home is BRAND NEW CONSTRUCTION with 3 bedrooms, 2 bathrooms in New Bern, NC.  It features an open floor plan, vaulted ceilings in the family room with a nice gas fireplace to keep you warm all winter long. The kitchen is spacious with an eat-in bar, lots of counter space, custom cabinets, and dining area. The master bedroom has a walk-in closet and a private bathroom. Don't forget the cute covered front porch, too. And, not to be overlooked, the builder pays $1,000 in closing costs ++ this home is on Progress Energy which means huge savings!  4742 Corena Drive, New Bern, NC

Contact me today if you would like to view this new home.  annasellsnewbern@gmail.com

 

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Just Listed: 129 Trent Shores Drive, New Bern, NC

Wednesday, July 7th, 2010 at 2:10pm. 364 Views, 0 Comments.

129 Trent Shores Drive, New Bern, NCFabulous Brick Colonial Home on the Trent River with Spectacular Views in a private setting with beautiful landscaping. Custom Brick Home with a Spacious Veranda-Style Porch overlooking the River in New Bern, NC.  Large spacious kitchen with a view, featuring custom cabinets, island with storage, bar seating, Sub-Zero refrigerator, built-in desk, pantry and more. Great room offers casual dining area, family room with double fireplace to sunroom. Sunroom is light and airy with marble fireplace and wet bar. Formal Dining room with Waterford crystal chandelier, double fireplace to formal Living room.  129 Trent Shores Drive - dockGuest bedroom on first floor could be second master suite featuring a six foot Jacuzzi tub.  Master suite overlooking the river features walk-in closet, six…

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