The Research Triangle is recognized nationally for a high quality of life for residents. It has a number of the top universities including UNC Chapel Hill, NC State University, NCCU and Duke University within its bounds and as a result, there are incredible museums, hospitals, and culture. Another byproduct of such wonderful educational resources is corporate and tech investment in the area and a great job market. For these reasons, real estate is highly sought after, increasing in value, and a great investment. One of the most desirable types of real estate is developments that are exclusive and offer amenities within the development or nearby. Golf club communities abound in The Triangle and here are some of our top club picks.

Find your perfect…

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Winter Events in the Research Triangle

While the temps are dipping in the early months of the year, we wanted to offer some outdoor and indoor events throughout The Triangle. The Triangle truly has excellent entertainment and celebrations year-round, and these events prove it! From Valentine's to Block Parties, here are some great ways to enjoy The Triangle in the winter.

Black History Month on The Triangle 

February is Black History Month and in recognition, in Durham, the 20th Annual NC MLK Black History Month Block Party and Parade will be in Durham on February 4th. This celebration includes marching banks, step, dance, drill teams, mascots, and more.

Valentine's on The Triangle

Does a certain someone make you see stars? Why not…

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Making Your House A Home

Much of our blog reports on market conditions, local area lifestyle information, home improvements as well as Buyer and seller information. To frequently we fail to talk about just enjoying your home. We would like to underscore the importance of making a house a home. When we think about increasing curb appeal for sellers, what about for buyers to envision themselves in a home? What are some steps you can take to really envision your ideal home, and then start your search. It is a great time to buy over renting, and stabilizing housing costs is a great way to invest in your future.

Your Future Space

How do you take up space? This is more than an abstract concept. When you are envisioning your new home, where are the…

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When reading about real estate, it is important to remember that there never has been, will there ever be a national real estate market. All real estate markets are local. Supply and demand in real estate is dictated by what buyers are willing to pay and sellers accept, in a precise location. It is imperative to work with a highly experienced Realtor who can filter the national real estate noise to deliver local real estate insights. We would like to offer some reasons why it is important to debunk this national market myth for local Triangle area buyers and sellers.

Markets to Watch

A local market is influenced by a number of factors and does not exist in a vacuum. Job growth, population growth, housing affordability, proximity to desired…

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Changes to Credit Reporting and What it Means for 2023 Buyers

For many who are looking to buy a home, the variability in interest rates may have put a halt to your search. Some of our Buyer clients have concerns about obtaining financing, as a result of their credit scores as interest rates rise, they assume they won't qualify.

If you share these concerns, we have great news. There are big changes to how credit is being calculated and debts reported that may impact your ability to borrow, in major positive ways. Let's go over the five major changes to credit reporting in 2022 that impact your ability to borrow in 2023.


  1. The No Change Change. Credit scores stalled in 2022. Overall the average gain was 7 points, which takes scores back…

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Creative Ideas as Mortgage Rates Rise

The FED's effort to battle inflation, by increasing interest rates, can be very frustrating, confusing and difficult for home buyers to understand. Many consider the volatility of rates to mean that they should not buy a home now, or that it is too difficult to buy a home with conventional lending. It is true that conventional mortgage rates are much higher than they were just a year ago, however, it does not preclude you from purchasing. Homeowning has many benefits including emotional, stabilized housing costs, and the financial benefits of building equity that make it a smarter decision than renting. With mortgage rates predicted to continue to rise in 2023, we thought this would be a great time to discuss…

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The Emotional Benefits of Homeownership

Are you considering becoming a homeowner? Congratulations! This is one of the biggest financial decisions you can make. You will experience many benefits, including stable housing costs, and building equity, but one thing you may not have considered is the varied emotional benefits of homeownership. Let's outline the emotional benefits that becoming a homeowner holds.

 

Increased Financial Stability

Mortgages unlike rent are most commonly fixed; in other words your monthly payment will remain unchanged unlike rent which year after year continues to rise as shown in the chart below. Rental prices have been skyrocketing for years. Buying a home with a fixed-rate mortgage gives you the opportunity to…

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Avoiding the Rental Trap

Are you considering buying, but are wary of the market fluctuations, or are you a first-time buyer who is unsure of your investment future by buying in 2023 versus 2024? One of the biggest misconceptions and biggest miscommunications in market updates and real estate news is regarding renting vs home owning. Even with mortgage rates increasing if you're going to be living in one area for a minimum of 4-5 years; it is almost always better to own a home versus getting stuck renting. Let's explain why it is always better to own a home rather than rent.

Rising Rents

Over the past three decades, rents have consistently risen. Where rents are rising and continue to rise, it becomes harder to save for the recommended for a…

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The Research Triangle is consistently ranked as one of the best places to live in the US and you can certainly see why, during the holidays. Whether you celebrate Hanukah, Christmas, or Kwanza, or are old or young, there are many ways to enjoy the lights and spirit of the holidays in the Raleigh Durham area. Here are some of our favorite holiday events. Have a Merry Season and if you are considering buying or selling a home in The Triangle, please reach out to My NC Homes.

North Carolina Chinese Lantern Festival, Cary

Running until January 8, the Chinese Lantern Festival is back at the Cary Koko Booth Amphitheatre. With hundreds of thousands of LED lights, 40 new hand crafted displays, these lantern displays are quite literally dazzling.…

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Many metropoles in the US are undergoing big shifts in how we use and value space, or occupancy. Where we are working and living and what is more desirable for work, and for life, have changed pretty dramatically. Work at home? Work at work? Work at home some, work at work some? It can be confusing to understand how occupancy, the job market, and how people are working, relate to real estate values, especially when real estate values for local sellers and buyers depend on the "at the moment" value. We would like to share insights on the state of development and projections on the Raleigh Durham area and how rankings nationwide for livability can mean for 2023 sellers and buyers.

Frequently, we report on the job market in Raleigh Durham, and how…

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