MCAS Cherry Point, NC

These BAH rates are in effect at MCAS Cherry Point effective 1 January 2009.

With Dependants W/O Dependants

E-1 -E4 $1013.00 $769.00

E-5 $1122.00 $860.00

E-6 $1362.00 $1022.00

E-7 $1387.00 $1040.00

E-8 $1415.00 $1169.00

E-9 $1449.00 $1244.00

W/D W/O

W-1 $1362.00 $1022.00

W-2 $1398.00 $1168.00

W-3 $1432.00 $1251.00

W-4 $1456.00 $1368.00

W-5 $1483.00 $1393.00

W/D W/O

O-1E $1393.00 $1122.00

O-2E $1427.00 $1227.00

O-3E $1460.00 $1362.00

W/D W/O

O-1 $1149.00 $904.00

O-2 $1357.00 $1084.00

O-3 $1431.00 $1276.00

O-4 $1495.00 $1390.00

O-5 $1539.00 $1406.00

O-6 $1552.00 $1432.00

O-7+ $1570.00 $1461.00

MCAS Cherry Point is one of the best all weather jet bases in the world and serves as a emergency landing site for the space shuttle program. In addition AIR FORCE ONE is spotted landing at Cherry Point from time to time.

Our thoughts are with our military members and their families, as this is a difficult time of year to be separated.

I wanted to use this opportunity to ask you to support numerous charity organizations that directly help our service man and women.

In October, President Bush signed the fiscal 2009 defense budget which authorized a 3.9% pay raise for service members, which will take effect 1 January 2009. This represents a one-half-percent increase over Bush's initial request. So we can look forward to that in the coming year! I am optimistic that we will see lots of positve changes in 2009 and this might be just one of them!

Your North Carolina Broker

Sonja Babic

252-617-0861

www.SonjaBabic.com

While the title may be a little confusing there really is not a "Cherry Point Real Estate Market". All housing on the base is owned by the U.S. Goverment and handled by the base or outside contractors. The off-base real estate market is Havelock and the surrounding civilian communites are impacted as well. For the sake of this article let's say Havelock gets the lions share of the Cherry Point off-base housing market.

Home sales last 12 months 306

Sales price range $46,000-$300,000

Homes on market as of May 1 2008 137

Last 3 months averages>>>>>

6.5 month supply of inventory on the market for sale (balanced)

Average days on market 85

Sales price to list price ratio 98%

Average sales price $149,603

This market is humming!

The sound of freedom will be roaring in the skies over eastern NC June 6-8 2008 as the MCAS Cherry Point Air Show thrills active and retired military as well as civilians from near and far.

The Air Show is billed as NC's largest air show and is expected to draw 150,000 plus spectators over the 3 day week-end.

Scheduled performers include:

• US Army Golden Knight Parachute Team
• AV-8B Harrier demo
• Fat Albert C-130 "Hercules"
• the world famous Blue Angles
• and numerous other attractions

Gates open at 5 p.m. on Friday June 6 and end after a massive fireworks display at 9 p.m.

Gates open at 8 a.m. on Saturday and Sunday with flights beginning at 10 a.m.

This is a massive event so plan to arrive early, bring your personal items(shades, sunscreen, chair or jacket).

PARKING AND ADMISSION IS FREE, SO IT WILL BE A LARGE CROWD! BE PREPARED.

For the most current detailed information check out the website: www.cherrypointairshow.com