Will the New Bern area housing market rebound soon?
Well, my crystal ball is still a bit cloudy. But there seems to be some good news on the horizon.
According to a Daily Real Estate News* article published July 11, 2011 by Realtor.org, two of the “feeder” markets for transplants to New Bern have been tapped as the #1 and #2 top performing major markets in the US:
So what does this mean to New Bern home sellers? Most of the Baby Boomers who relocate to the New Bern area to retire come from the Northeast portion of the US. The New York and Washington, DC, metro areas provide a large chunk of those retirees. So the more houses that sell in these feeder markets for higher prices, the more buyers will filter south into our neighborhoods.
And this IS good news.
Click here to read the entire posting:
*Compiled from data collected from Clear Capital’s Home Data Index
Well, my crystal ball is still a bit cloudy. But there seems to be some good news on the horizon.
According to a Daily Real Estate News* article published July 11, 2011 by Realtor.org, two of the “feeder” markets for transplants to New Bern have been tapped as the #1 and #2 top performing major markets in the US:
- Washington, DC – Arlington, VA area
- New York-Long Island, NY - Northern NJ
So what does this mean to New Bern home sellers? Most of the Baby Boomers who relocate to the New Bern area to retire come from the Northeast portion of the US. The New York and Washington, DC, metro areas provide a large chunk of those retirees. So the more houses that sell in these feeder markets for higher prices, the more buyers will filter south into our neighborhoods.
And this IS good news.
Click here to read the entire posting:
*Compiled from data collected from Clear Capital’s Home Data Index
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