The Lunar New Year is happening on February 1 this year as we enter the Year of the Tiger. We don't know about you, but we will take all the fresh starts, good luck, and cleaning out the house, we can get this year, to make it better than the past two! In the Research Triangle, we are fortunate to have much diversity and our Asian communities, in addition to many others who prefer the lunar calendar, will be celebrating the New Year. It is a time to feast, honor ancestors, and wish each other luck and prosperity. There are so many traditions around this that are worth participating in that we are sharing, including great places to order in a celebratory menu! May you have luck and happiness in the Year of the Tiger!

About the Year of the Tiger

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There is no doubt that the lifestyle on The Triangle is hard to beat. We are regularly ranked in top places to raise a family and achieve work life balance. We have great restaurants, and much more, however certain areas are not for everyone. My NC Homes have been Realtors in Chapel Hill for many years and the three of us have more than 60 years of collective experience, we have a knack for knowing what area suits what buyers. To help, we have compiled this list in particular for Chapel Hill. If you are looking for Chapel Hill Real Estate, please click here! If you are looking for Cary, Pittsboro, or Durham, we are also experts in this area, so click on the links.

Food

Bon Apetit Magazine ranked Chapel Hill as one of the foodiest small towns in…

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As many of us have taken stock of what is and is not working in our lives, and homes, in 2021, we make resolutions for improving ourselves, and our homes, in 2022. Some people are naturally organized and neat, and others need some help. If you are considering selling your home, being organized and having the home neat is paramount to getting the best price and terms, regardless of how advantageous the market is for sellers. Remember; "You only get one chance to make a good first impression." Here are some surprising strategies for decluttering that really last through the year. If you are considering selling in 2022, this is a perfect time. Contact My NC Homes for our pricing and marketing strategy. In addition, we will pay to have a professional…

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Are you sitting on a large holiday bonus? Have you had a windfall financially and are considering paying off your mortgage early? This is a common question our clients ask us and many are often a little surprised to hear us tell them that it isn't always the best idea and that depending on a variety of individual factors it may not be in their best interest to focus exclusively on paying off their mortgage. There are a number of consideration when considering whether you should pay off your mortgage particuarly if they have other debts besides their mortgage.

Considerations

Prepayment Penalties

Did you know you can be penalized for prepayment? Lenders count on the interest of your loan, so paying off early to save on the interest may require…

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Are you superstitious? Do you abide by rituals or are you more likely to review your progress and start different practices based on seasonal recommendations, in the New Year? In the South and in the United States, there are so many superstitions and rituals around all things, including the New Year and moving. If you prepared black-eyed peas and greens, you know what we are talking about! There are other really fun traditions and superstitions for real estate based on Native American practices, pagan traditions borrowed from Europe, and Eastern religions. Here are some of the traditions, superstitions, and rituals related to real estate we've encountered throughout the years.

Ringing a Bell

Ring a bell in your new home to summon good fortune,…

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It occurred to us as we head into the holiday season, that our recent market coverage content is similar to A Christmas Carol by Charles Dickens. A cautionary tale for the Seller waiting for prices to rise another 15-20%. While home prices continue trending upwards right now, they are decelerating or slowing as the Fed has made it clear that it intends to raise interest rates in the next few months. For those looking to sell their home and buy another, sooner may be better than later before rates start to increase. But you do not have to take our word for it. This week, we assembled the top real estate expert predictions for the housing market in 2022.

In our research we came across a wide array of “expert” opinions on the real estate market. Which…

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