Significant price reductions, Sellers realistic? Coastal Buyers welcome - 10/30/08 07:21 AM
Sellers are waking up to the reality of the market at last. This week we have had several significant price reductions in our listings, some as much as $100,000 and some below the original purchase price of the property.  When sellers are presented with the reality that there are as many as 50 properties in their price range competing for the same few buyers and that only 10 have sold in the same price range the past 12 months they begin to wake up. As brokers we have the responsibility of constantly providing statistics to educate our seller clients so they can … (5 comments)

Foreclosures, Bargain or not, better to make an offer on current inventory - 10/25/08 09:16 AM
We are getting calls from Buyers who are asking for foreclosure properties here at the NC Coast. (We have a few foreclosures here but not a large number.) But do they really know the condition and the amount of money that will have to be spent to recondition the property? In most cases here the owner  going into foreclosure has taken all the appliances, the light fixtures, the bathroom fixtures, the kitchen cabinets, the carpet and anything else they can take before they vacate the property. We have seen some really damaged properties. It would be better to simply view the inventory here and make offers on … (3 comments)

NC Seafood Festival, Morehead City this weekend, Great fun & Music & Seafood - 10/03/08 11:40 AM
Come to the coast this weekend for the fun, festival & seafood. Experience the flavor of our seaside community at it's fall best. There will be special events, education, childrens tents, rides, local vendors, lots of food and fund raisers for the community. Entertainment, multiple atages with live bands too.
for complete schedule see    http://www.ncseafoodfestival.org  bring the entire family to the coast, you'll want to stay.
Linda Rike Real Estate  800-240-6922  www.lindarike.com 
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Linda Rike, ABR, CRS, GRI, GREEN, SRES, RSPS

Morehead City, NC

More about me…

Linda Rike Real Estate

Address: 1410 Arendell St, Morehead City, NC, 28557

Office Phone: (252) 247-6922

Cell Phone: (252) 422-6922

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