Upgrading your Starter Home

Upgrading Your Starter Home

First-time home buyers make up 33% of all homebuyers in the US market, according to the National Association of Realtors in their 2019 end of year report. Most homes are previously owned. Overall 13% opt for a new construction. On average first homes were 1,850 square feet, three bedrooms, two bathrooms and were built around 1990. This is what we refer to as a "starter home." Most often it's where new couples or early career professionals who are looking to move out of their rentals for something with more predictability and control, and so that they can begin building equity. The great thing about many of our first-time homebuyers is the energy they put into their first home purchase. With much excitement and hope, our…

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Is Your House “Priced to Sell Immediately”?

The Best Way to Get Your Home Sold for Top $

Over the past few years when we go to meet with perspective sellers, we frequently hear, "It's a seller's market, let's list it for $$$." In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 3.6% over the last 12 months. By this time next year, CoreLogic predicts home values will be 5.4% higher. With prices slowing from their previous pace, homeowners must realize that pricing their homes a little over…

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The Top States Americans Moved to Last Year

OK, we'll admit it; we are biased as this is where we live, work and play. North Carolina was ranked # 3 for inbound states. The Research Triangle Area has so much to offer, world class medical facilities, a rich, vibrant arts and restaurant culture, booming economy, easy access to a major airport (RDU) as well as the mountains and ocean. Best of all home prices while rising are still a bargain when compared to major metropolitan areas along the east coast.

Some Highlights:

• Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
• Idaho held on to the top spot of &high inbound states for the second time since 2017, followed by Washington State.
• New York…

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Buying and Selling with My NC Homes

Buying and Selling with My NC Homes

Real estate agents have many communication styles. There are those who are high-touch and constantly call, email, or text to keep you updated on the market; some are more laid back waiting for you to reach out to them when you've found something of interest. With the My NC Homes team, you have as much or as little communication as you want when searching for, buying, or selling your home.

We understand that time is critical when buying and selling, especially in this market. Some of our favorite home buyers became clients when they found what looked like their forever home and wanted to see the house as soon as possible. Getting to know our buyers or sellers helps us understand what they want most. One of our…

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Condo, Townhome or Single Family Home?

"4-bedrooms and 3-baths and at least 2500 sqf."

So often this is how buyers start off our initial conversations. If we were like most brokers this information and a price range and we'd be off and running. The question is , "Are we really adding value and helping the buyer if this is all we discuss?" This is one example of where the "Experience" in our logo pays off. We understand that when it comes to buying a home, everyone is unique. Because of our extensive building background we know that square footage is much less important than layout. We've all seen examples of wasted square footage in a home. Yes the number of bedrooms and baths are a consideration, but if this is the extent of the information we start with, a lot of time and perhaps even…

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Make the Dream of Homeownership a Reality in 2021

Make the Dream of Homeownership a Reality in 2020

As Realtors we know that the majority of Americans, share a common goal: Owning a home: a piece of land, a roof over our heads, and a place where our families can grow and flourish.

If you're dreaming of buying a home this year we know that the best way to start the process is to connect with a Real Estate professional to understand what goes into buying a home. By having your questions answered and understanding the process you will put yourself in the position to make a smart informed decision. Below are some questions to help guide you

1. How Can I Better Understand the Process, and How Much Can I Afford?

The process of buying a home is not one to enter into lightly. You need to decide…

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2020 Housing Market Insights

The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. Here's what industry experts are saying. 

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What Every NC Triangle Homebuyer and Homeseller Should Know in 2020

Homebuyers and home sellers in the North Carolina Triangle area are eager to know the 2020 housing market trends.
Whether you are buying or selling a home it is important to understand how to maximize the value to your family's bottom line. Understanding the residential real estate market and its possible trends will ensure your first step towards a decision with long-term benefits. One of the first questions home buyers and home sellers are asking us at the turn of the year is, "What do I need to know about the upcoming housing market?" While My NC Homes does not possess a crystal ball to see into the future, we have more than 60 years of combined experience in the industry that reinforces our confidence as we make our own predictions for the…

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When You Need to Sell Your Home Fast

Ready to sell your house? 

Regardless of whether you're planning on selling in a Seller's market or a Buyer's market, whether it's Spring, Summer, Fall or Winter there's just a few things you'll always need to keep in mind. Take a look at this short video we've prepared to help our clients get their homes sold quickly and for top dollar. 

If you're thinking of selling your home within the next 6 months, let connect now. We'd love to share some additional services we provide our clients including consultation with professional stager, professional photography and videography, 3D Floorplans  and more. 

It's not uncommon for Sellers to become somewhat overwhelmed with what needs to be done in advance of listing their…

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Everybody Calm Down! This is NOT 2008

Everybody Calm Down! This is NOT 2008

Last week realtor.com released the results of a survey that produced three major revelations:

• 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next.
• 57% believe the next recession will be as bad or worse than 2008.
• 55% said they would cancel plans to move if a recession occurred.

Since we are currently experiencing the longest-ever economic expansion in American history, there is reason to believe a recession could occur in the not-too-distant future. And, it does make sense that buyers and sellers remember the horrors of 2008 when they hear the word recession.

Ali Wolf, Director of Economic Research at the real…

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