Welcome to my blog. It is my hope that this blog will help my clients and friends to understand the real estate market in New Bern. Our market is a great deal different than it was just a few short years ago. Retirees used to be a much larger portion of our market. Because of the national economic downturn, it seems they are not yet willing to accept the current prices in their market areas. Of course many still have very significant gains in the value of their homes. Still having missed the peak of their value many are not ready to accept the present values. They also continue to hear the news that it is a Buyer's market. I expect that they will soon tire of waiting for a major recovery and begin to sell. They will be ready to begin a new phase of their lives and many will join us in enjoying the New Bern area. I believe we will begin to see a return of the reirees in the spring. In my next blog I will discuss how these trends have effected the styles of homes demanded by buyers. For my information about the New Bern area visit my website http://www.gary-barker.com/ .
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