Triangle Area Real Estate News & Information

Buyer broker I see and answer this basic question countless times on Zillow, Trulia and other real estate websites that are a daily part of my business, and I guess what surprises me the most is just how often these questions are posted by homebuyers. What's obvious to me is apparently not so obvious to all.

Be Weary Of Dual Agencies

Homebuyers do you honestly believe that one agent will do a great job getting you, the best possible terms and prices while at the same time their getting their Seller the same?

Dual Agency is designed to end run Buyer Agency and was bought about by pressure by state Realtors specifically for one purpose; to keep all the commission with one agent in complete and utter disregard for the contractual obligations made to their buyer

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Real estate investments I feel like the William Tell Overture should be blasting over my sound system as I look at the cover of this months Fortune Magazine trumpeting the return of real estate. Forget stocks, forget gold, and put your money where it's bound to grow over time good old real estate.

You can read the entire article for yourself, but honestly this comes as no real news to me, it simply mirrors what I've long been saying, as long as population continues to rise, there will always be a demand for real estate.

Real Estate Is Still A Top Investment Choice

It's simple, most of the planets land is either uninhabitable or undesirable, leaving a limited supply of places people can and want to live. If you don't believe me go online and take a look at some US

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Those of you who track me on Facebook saw the following posting earlier this week, you might have noticed this:

Remember when teachers, public employees, Planned Parenthood, NPR and PBS crashed the stock market, wiped out half of our 401Ks, took trillions in TARP money, spilled oil in the Gulf of Mexico, gave themselves billions in bonuses, and paid no taxes? Yeah, me neither.

It was prompted by some of this weeks real estate news.

Just two weeks ago CBS featured a scathing expose on the foreclosure fraud being perpetrated by the nations banks on 60 Minutes.

This week the bipartisan Senate Committee of Investigations released the results of two years worth of work squarely laying the blame for the majority of the financial problems on Goldman-

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It's been too long since I've last written, I wanted to write more, thought about it guiltily, and there was plenty to write about but there are times when the demands of my job consume nearly every available bit of time I have and 2011 has demanded my complete attention.

I've enjoyed an unprecedented run of great clients, bringing on dozens of new buyers and sellers since the start of the year. Several of my listings are under contract and have or will close in the next thirty days, and I've got 8 of my buyers already closed or scheduled to close.

One of the things I most enjoy about my work is the people I get to meet, their all different and all respond differently during the negotiation process. It keeps things interesting and leads me to all

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Having worked as long as I have as a Realtor; I often forget that most people don't know as much as I do about real estate and how it works until I speak with people and quickly realize they really don't understand even the most basic things such as what the job of a real estate agent or broker is, why they should want an agent who is exclusively looking out for them and why the last thing they should accept is an agent who wants to work both sides of a transaction. It doesn't help that despite the protestations to the contrary, that the majority of agents with the blessing of their State Real Estate Commissions, absolutely want to have their Buyer clients purchase their listings and allow them to “represent” both sides. (This is known as Dual Agency)

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Read Full Post one of the nations largest real estate web sites released their most recent quarterly report on the relative value of renting versus buying in the fifty largest cities in the United States. Here's a link to Trulia's Rent vs. Buy report.

In general they found when comparing rental prices to purchase prices on comparable 2 bedroom units that in fully 72% of the urban areas they looked at that it was highly likely to make more financial sense to buy rather than rent. In 8% of the cities they looked at it still made more sense to rent rather than buy and in the remaining 20% it was neutral. In other words not sure what you'll be doing or where you be in the next five years you'd be better of renting, thinking you'll be in the same place with a

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I cannot begin to count the number of times I’ve had conversations with clients and customers about property tax values, both here in Chapel Hill and Durham as well as in Vermont where I worked prior to relocating here to North Carolina almost 7 years ago. Most property owners think their tax valuation is too high, though I’ve gotten calls from many through the years who actually were concerned that a new valuation was too low. The common factor in each instance was that the property owner didn’t understand why focusing on the tax value was as unproductive as trying to pick the right card in a Three-Card Monte game. They were trying to focus on one card and while not paying attention to the other two. Most homeowners tend to focus exclusively on their

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Kitchen photography Long ago I realized the value in having my listings photographed by a professional. The reason is simple, they have both experience and equipment that I do not and it’s important when marketing a property for sale that it looks it best. Below is a list compiled by one of my preferred home photographers Cat Wilborne who works throughout Chapel Hill, Durham, Wake and north Chatham County.

These are great tips for anyone either trying to sell their own home or for listing agents who still want to take their own photos. Kitchens are probably the single most important consideration of Buyers when looking for a new home, so these tips are particularly valuable.

Remove The Clutter

Get rid of everything on the countertops. Start by removing everything on

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Summer is around the corner, and here in North Carolina that often means an abundance of ticks and the problems they can bring like Lyme Disease and Rocky Mountain Fever.

While I am unaware of any method of completely avoiding ticks I do have some suggestions for minimizing the likelihood of your having a problem.

How To Protect Your Pets From Ticks

Pets need to be protected, and you have a number of options including products like Frontline, Bio-spot etc. If you typically put your pet out during the day in a fenced in yard you might also want tot consider treating the entire area. I tend to prefer natural or organic methods for broad application and have had good luck with diatomaceous earth. (sometimes sold under the name of PermaGuart) This is

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How To Know Who The Market Is Favoring

Building floorplanA frequent question I am asked by my Buyer clients is, "Given that the local market is favoring Buyers at this time with more than 6 months of inventory* on the market in most price ranges, do you think it makes more sense to build, buy a new already constructed home, or buy a re-sale home and improve on it as needed?"

As is almost always the case there's no one answer that works best for everyone, but I do have some thoughts that I feel apply in most instances.

Opting To Build A New Home

Given the amount of existing homes currently on the market, I believe the least cost effective answer is to build new. While building new certainly gives you the utmost ability to customize your home, in today's

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