We are officially on the back half of 2022 and everyone is wondering, what will happen with housing in the final part of 2022. Some speculate that inflation and new home shortages indicate a recession and housing slow downs. We compiled some of the predictions from leading experts on this topic and are sharing them to help our buyers and sellers make better decisions regarding real estate in 2022.

Inflation and Mortgages

Mortgage rates have risen 2% due to the Federal Reserve’s response to rising inflation. If inflation continues to rise, mortgage rates will respond. Greg McBride, Chief Financial Analyst at Bankrate, explained "Until inflation peaks, mortgage rates won't either. Without improvement on the inflation front, we don't know where the…

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The Triangle has incredible dining from traditional American cuisine to all types of Asian cuisine and many award winning fusion spots and we love to showcase our favorite restaurants whether you are new in the area or are just looking for a new place. This week we are showcasing our favorite ice cream spots in The Triangle. What makes our ice cream so much better are the fact that we have local dairy producers, so it is as fresh as it gets. We hope you are enjoying your summer on The Triangle and if you are looking to buy or sell, contact us today!

La Vita Dolce Espresso & Gelato Cafe

610 Market Street Suite 101-C, Chapel Hill, NC 27516.

This is a fabulous little cafe that lets you have both a glass of wine and an incredible cup of their…

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Summertime in The Triangle is easily one of the best times of the year. With so many schools and Universities out, you really get the thrilling feeling of summer. We wanted to offer our events guide to enjoy the last days of summer. If you are considering taking advantage of the season to buy or sell property, give My NC Homes a call.

Beer, Bourbon and Barbecue - August 5-6

Beer Bourbon and BBQ, what could possibly be wrong with that? This is a traveling festival that brings the best of Beer, Bourbon and BBQ to Cary. Learn more here, ​​https://www.beerandbourbon.com/

OutSouth Queer Film Festival - August 11-14

The OUTSOUTH Queer Film Festival is the second largest LGBTQ+ film festival in the Southeast and it is in Downtown Durham this…

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Think home prices in the Triangle will be falling? Think again. The past two years have witnessed incredible equity gains nationwide and in some areas, well in the double digits. Prices must slow, right? The increase in interest rates will slow down buyers, right? We address these questions regularly with our clients and the indicators point to continued gradual gains in equity and interest rates that are likely to increase, but home prices are far from at a free fall. Let's discuss.

Home Price Appreciation 2022 vs 2021

According to data from CoreLogic, the rise in home prices over the past year and a half show a dramatic increase in the rate of home price appreciation in 2021, where home prices are still rising in 2022, they show a more gradual…

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In the middle of summerin The Triangle, it can get quite hot. Luckily, the mountains are just around the corner. Last week, we explored nearby beaches and this week we are seeking higher ground in the mountains of North Carolina. Here are some of our top Mountain Getaways to Enjoy!

Asheville

Asheville is located in the Blue Ridge Mountains and is a hub for the arts, craft industries, and music in the area. You have amazing dining, great shopping, bohemian arts events,and lots of great music. The downtown is wonderful with independent shops, restaurants, bars and music venues. Lots of yoga studios, spas and pottery studios stud the streets as well.

Just outside of town is also the esteemed Vanderbilt Estate, the Biltmore. The Biltmore draws…

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The Research Triangle has great attractions in the summer and many ways to stay cool including incredible access to beaches. We would like to list our favorite beaches near The Triangle,which we encourage you to try out this summer. Hope you are enjoying all The Triangle has to offer and if we can help you buy or sell, contact us today!

Atlantic Beach

Atlantic Beach is only 150 miles from Raleigh Durham and offers long white sand beaches, fishing, boating and much more. Whether you are there for a day or a longer vacation, we recommend checking out the Pine Knolls Shore Aquarium and Fort Macon State Park.

Carolina Beach

Carolina Beach is as historic as it is beautiful. 140 miles away from The Triangle, it has been a main stay of Raleigh…

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Most news, is unsettling regarding an impending recession, however, a recession does not always equal a housing crisis. Major housing market indicators have shown some volatility as we are seeing signs of inventory rising combined with interest rate hikes; begging the question is this a correction and not a crisis? My NC Homes explores why a recession does not necessarily equal a housing crisis.

History of Housing Market and Recession

We are in a different supply and demand period. In the past five recessions, home prices typically remain stable. During the Dot-Com recession in 2001, prices grew 6.6 percent. During the 1980 and 1981 recession, prices grew by 6.1 percent and 3.5 percent, and the dips in prices were relatively small, being 1.9…

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If you are considering selling your home this summer and had the thought that you could save money by doing it yourself, think again. There are many points in a sale of a home that require deft negotiation and as with most things "experience counts" to ensure that your property, security, and finances; are protected. Lets go over the benefits of using a reputable, experienced local Realtor to sell your home smarter this summer.

Understanding Market Trends

Currently there is a lot of fluctuation in the market. Rising mortgage rates, increased home prices, and restricted inventory all affect your home price; selling potential and overall marketing strategy. The best Realtors are constantly watching trends, studying local markte data and know…

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The Triangle has gained quite a reputation for its food scene, but did you know the worlds largest beer garden, the first fully woman owned brewery, and first urban winery are also in The Triangle? The area around The Triangle is incredibly fertile and farmers and small vineyards thrive. Not only is it literally fertile, but it is also figuratively fertile with so many innovators and mixologists making the most of the wealth of local products. We also benefit from brewers and distillers who open their doors and hold great events. Here is our list of the best

Breweries

Lone Rider Brewing Company, Raleigh

Sumit Vohra and Lone Rider Brewing Company are considered one of the best breweries in the nation. It is a west Texas theme right by the…

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We go over many of our buyer concerns on our blog and usually, one of the most common ones is, "Is right now a good time to buy", accompanied by, "Is right now a good time to borrow?" Depending on what your finances look like and how much you have saved for a down payment, it is almost always a good time to invest in real estate. Even with limited inventory, inflation, and increasing interest rates. Let's talk about why this is the case and why you should not necessarily delay home ownership plans in the face of inflation.

First, housing is an asset that over time grows in value so if you have cash and would like someplace to put it so it does not lose value, housing is a great option. Ali Wolf, economist at Zonda posits "If you have cash and are…

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