Homer Ray

People considering buying a home in Pamlico County have one more reason to make that move now.

The new FHA mortgage limits* for a single family residence has been increased to $271,050.00 as of March 8, 2008. The old limit was $200,160.00. This represents a significant increase and makes more homes available for FHA mortgages.

North Carolina continues to be a strong magnet for people to move to.

Pamlico has lots of waterfront property and has a proud local heritage.

Major towns in Pamlico County include, Bayboro, Oriential, Grantsboro, Arapahoe.

New upscape developments are numerous and include major projects like Cutter Bay and Arlington Place.

For more FREE information on real estate in Pamlico County, please give me a call.

* Source entp.hud.gov

Another good reason to buy real estate in Craven County today is the recent increase in FHA Mortgage limits.

The FHA mortgage limit* for a single family residence has increased to $271.050.00 for Craven County North Carolina, as of March 5, 2008. The old limit was $200,160.00 for single family residences in Craven County.

This should be exciting news for people considering buying a home in Craven County.

Major towns in Craven County include, New Bern, Havelock, Trent Woods, River Bend, Vanceboro.

The choices of homes available in great areas with favorable financing helps make this the time to buy.

For more information about real estate in Craven County N.C., please contact me.

* mortgage info source entp.hud.gov

Market report for Ghent Historical Area :

Last twelve months through 2/29/2008, saw sixteen homes sell. Median price was $135,000, and the Average price was $149,737. Avg days on market 36.

$80k-99,999K 5

$100-119,999K 1

$120-139,999K 3

$140-159,999K 2

$180_,199,999K 1

$200-249,999K 3

$250-299,999K 1

Avg days on Mkt 36

Prices can range from $40k- high 300,000's

DeGraffenried Park Historical District: saw ten homes sell in the last twelve months through 2/29/2008. Median price $153,000. and average price of $153,890. Average days on market 38.

$80-99,999K 1

$100-119,000K 2

$120-139K 2

$140-159K 2

$160-179K 1

$200-249,999K 1

$250-299K 1

Prices can range from 40,000k to low 500,000K.

Informational purposes only from local MLS. Deemed reasonable but NOT guaranteed.

The Downtown Historic area saw ten homes sell in the last twelve months, through Feb 29, 2008. Median sales price $200,000, Average price $198,000. Average days on market 131.

$40-0-59K 2

$140-159K 3

$160-179K 1

$200-249K 2

$300-399K 1

$400-499k 1

Prices can range from 30,000K to upwards $1 million for large waterfront homes.

Riverside district last twelve months: 9 homes sold Median sell price $165,000, Average price $160,722. Average days on market 114.

80-999K 1

$120-139k 3

$160-179K 2

$200-249K 3

Prices can range from around 40K to high 200K depending on condition

Informational purposes only from local MLS. Deemed reasonable NOT guaranteed.

I was on my way to a listing appointment this a.m. when I saw some folks assembling on the Pembroke/Hwy 70 intersection. I decided to stop on the way back to see what was going on. Here's what I discovered.

More than 30 volunteers from local scouts to youth church groups and members of the New Bern High Jr. Naval R.O.T.C where in the process of putting up 4,446 American flags in memory and honor of the Americans who have paid the ultimate price for individual rights and freedom in Iraq. These folks were working under the watchful eye of Steven Kelley, each row and placement being measured to insure uniformity.

March 20, will mark the fifth anniversary of the war which has affected many people in many ways. This is the second year the Iraq War Anniversary Committee has undertaken activities to honor our soldiers who have been killed.

According to Juanita Duffy, there will be a memorial program at Lawson Creek Park starting at 7:00 p.m. on Wednesday evening. The cost of the flags was paid for by doninations to the Committee and volunteers placed the name of each soldier on a flag. Other volunteers placed the flags on display on a beautiful, peaceful Saturday morning.

Anyone wishing to make contributions to the Iraq War Anniversary Committee for 2008/2009, may direct their gift to The Iraq War Anniversary Committee, P.O. Box 14254, New Bern, N.C. 28561