Look at this magnificent club house in Taberna.

It features a restaurant, bar, golf shop and more. Just to the right of this club house can be found a private pool just for members.

Tennis Courts and an 18 hole golf course can also be found here at Taberna  

Here is what is happening at Taberna  

47 Homes that are currently on the market, priced $199,900 to $759,900

8 Homes are Pending or Under Contract, $238,876 to $393,900

8 Homes Sold since January 1st 2008, priced $280,000 to $475,000

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MARCH MADNESS in the Real Estate World !                       

 43 Homes went Under Contract from 1,000 sq ft to 2,000 sq ft

 18 Homes went Under Contract from 2,000 sq ft to 3,000 sq ft

 2 Homes went Under Contract from 3,000 sq ft plus                 

     NRRAR MLS: March 7- March 28 , 2008                                                                                                                                                                                                                                                                                                               

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• New Bern City  

• TrentWoods Town Limits

• GreenBrier

• Old Cherry Point Road

• Bridgeton City Limits

• Fairfield Harbour and Broad Creek Road

• RiverBend

• Brices Creek Area

• Taberna

• Carolina Colours

• Havelock 

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 Our Wonderful Co-Founder of Keller Williams Realty sent an en-lighting email.   

In this email, Joe has questioned the Media’s true role in the Real Estate state of affairs. He said and I quote, 

“I have been preaching that in many parts of the
country, this Downturn has been media induced, simply because for several years now, they were preaching that the bubble was going to burst, only it never did. Once the sub-prime issue came to light, the national media pounced and in many areas, certainly gave buyers hesitation. Since they started and fed those flames, I have thought, the media would also be the ones to help pull the buyers out of this malaise because with
rates as low as they have been in 25 years, certainly somebody had to sit up
and take notice that this is a great time to be buying real estate.” 

  Joe goes on to say that he had read an article in Time Magazine in which this one writer recognizes the fact that the media has indeed played a big rolein the psychology of today’s buyer, and would like to offer a positive view point about buying a home. This is what Joe had to say about the writer. “The author is 100% correct and if you just follow the chart he assembled, anyone can follow the logic. Most people don’t really understand amortization and the purchasing power you acquire as the rates go down, but his illustration is right to the point. Most importantly, this is “one of their own” telling us
the bottom has arrived!”

This was a fantastic and riveting article and I applaud the author Dan Kadlec for writing it. This is a Must read.  
   

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Each month we research our local New Bern Real Estate market to provide statistical information for our Buyers and Sellers. 

•  As of February 1, 2008 we have the following to report:
       January 1, 2008 – January 31, 2008
       Total Number of Homes Sold: 18
       Number of Homes Listed: 1067
       Total Homes Pending: 64
       List to Sell Ratio: 96%
       Average List Price: $261,915
       Average Sell Price: $250,327
       Under $100,000 - 4 homes sold in this period
       100,500 - $200,000 - 32 homes sold in this period
       $200,000 - $250,000 - 11 homes sold in this period
       $250,000 - $300,000 - 3 homes sold in this period
       $300,000 - $400,000 - 6 homes sold in this period
       $400,000 - $1,000,000 - 5 homes sold in this period
       Average Days on Market
       Under $100,000 - 126
       100,500 - $200,000 - 134
       $200,000 - $250,000 - 169
       $250,000 - $300,000 - 356
       $300,000 - $400,000 - 175
       $400,000 - $1,000,000 - 177

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I read an article in the Broker Agent News today written by Michael Soon Lee. He

talked about questions to ask your agent to see how strong a negotiator they would be when presenting your offer to purchase a home.

Being a 2nd degree real life black belt, I found the analogy quite interesting.

Here are the hypothetical questions they posed:

1.”What information do we need before making an offer and how would you get it?”
2.”What’s your experience with negotiating?” (You want someone who negotiates every chance he or she gets whether it’s a large or small purchase.)
3.”What’s your philosophy of negotiating?” (If the answer is “win-win” find another agent!
4.”Do you prefer to present offers in-person or send them in?
5.”How can we make sure the seller responds to our offer right away?”
6.”When you sit down with the seller what’s the first thing you do?” (If the answer is “I pull out the contract” keep interview agents. You want someone who knows that closing a deal begins with build a relationship.)
7.”How can you tell if the seller immediately likes or dislikes our offer?”
8.”How would you react if the seller gives us a full price counter-offer?”
9.”What would you do if the seller asks for something additional after the contract has been signed?”
10.”If the we were five hundred dollars apart from having a ratified contract what would you do?” (If the answer is, “I’d give it to you from my commission” find another agent. Anyone who cannot negotiate their own fee will have difficulty protecting your interests.)

So when hiring your next agent find our if they are a Black Belt Negotiator.

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