As summer approaches and the days grow longer, The Research Triangle Park (RTP) in North Carolina offers lots to do with long days, and longer nights! During summer the pace of the RTP really revs up and offers an array of entertaining and engaging events for locals and visitors alike. My NC Homes offer you some of our choices for top summer events in The Triangle and remind you if you are considering buying or selling in this incredible community, reach out to us to see your home value and what insights we have into today's market.


RTP Food Truck Rodeo

RTP Food Truck Rodeo is a gas-tronomic extravaganza that brings together the Triangle's best food trucks. Taking place on select Fridays it features a diverse range culinary styles, live music,…

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You are perfectly capable and within your right to sell your own home. Many companies will offer ways for you to list your home for sale even, at reduced rates. What you DO have to consider is this is likely one of the largest monetary transactions of your life. Where there are thousands of dollars at stake, you need to have proper marketing, negotiating, exposure to existing active and qualified buyers, and expert knowledge of the market to list a home at the proper price. Do you have a marketing program in place, a database of buyers, expertise in negotiation, and years of experience in your area in real estate transacting? You can develop these in time, but this is why time is money when selling your home and why a reputable and highly experienced…

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Summer months are approaching and here in NC it's not uncommon for us to hear from homeowners that their energy bills have skyrocketed. You may have already noticed the increases in energy costs this winter. The price of energy and the policies that support homeowners upgrades towards energy efficiency have many homeowners wanting to make home updates, but where to start? We would like to offer an energy efficiency cheat sheet.

The REAL Cost of Energy Inefficiency

Inflation contributes to increased living costs from food to goods and services. One way that homeowners can reduce living expenses is to transition to more energy-efficient homes. To better understand just how much the price of energy has increased, consider these statistics from the…

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According to NAR, since 1981, single women have purchased homes more than single men and account for 17% of homeowners. Homeownership has financial and emotional benefits that benefit all genders. Where we see a rise in women homeowners in the past 30-plus years, we want to outline some of the benefits of homeownership women experience and why The Triangle is a great place for investment and living.

Homeownership Benefits

"For single women, housing has always made up a large share of total assets. Over the last 30 years, the average single woman's wealth has increased 88% on an inflation-adjusted basis, from just over $142,000 in 1989 to $267,000 in 2019, and housing has remained the single largest component of their wealth." Ksenia Potapov,…

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Spring is in full swing! This is a great time to explore the Triangle and we are sharing some of our favorite Spring Events in the Triangle. Whether you are new to the area ohttps://triangleonthecheap.com/juneteenth-celebrations-triangle/r have lived here your whole life, there is always something new to see or experience! If you are considering buying a home or selling a home, contact My NC Homes.

Flowering

Where to see the prettiest blooms in the Triangle? Sarah P. Duke Gardens has incredible daffodils, poppies, cherry trees, and much much more.

Al Fresco Dining

If you are thinking about dining, you are probably thinking about dining outdoors. There are over 68 parks in Durham alone, and most have picnic benches. It is a great time of…

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According to Bankrate analyst, Greg Mcbride, two out of three economists are forecasting a recession in 2023, and many of our buyers are hesitant to make a move towards homeownership within a climate of economic uncertainty. However, the housing market and housing health in the Triangle area are not necessarily related to a recession. In fact, historically, mortgage rates decline during a recession, making it a better time to buy. Let's explore how mortgage rates and the economy have been related and how buyers can benefit from conditions.

Mortgage Rates and Recession

What is a recession? This is a period where the economy contracts, rather than expands. In the last six recorded recessions, 1980, 1981, 1991, 2001, 2008, and 2020, mortgage rates…

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Many people are thinking about buying homes in 2023. If you are new to home buying, you might be wondering if now is really the best time to buy. It is normal to second guess yourself when so much money and your future is on the line. There are a few national factors and also some considerations that are common knowledge to realtors, but might not be known to you, regarding the soundness of investing in real estate in 2023.

National Market Conditions

We are not seeing home prices fall dramatically. On the contrary, in some local markets, home prices are inching up. The Triangle is still experiencing a shortage of homes and many buyers can be frustrated by bidding wars and a continued advantage of sellers, however, this is indicative of a strong…

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Many homeowners in The Triangle are choosing to renovate their homes this Spring. Where home prices are still high and inventory is low, making renovations can be a popular alternative to moving. However, home renovations tend to be more costly right now due to still high material and labor costs and not everyone has the disposable income for extensive renovations. Additionally good, dependable contractors may be booked 6-12 months out so it could take longer than you might like to get your renovations completed. Financing home renovations is one way to make necessary renovations, without a large capital outlay upfront. Here are some of the best financing options for home renovations.

Home Equity Loan

Home equity is the difference between the…

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In this Blog we report on the housing options facing one of the largest segments of the population about to retire, the baby boomer generation. Traditionally, there have been two, rather limited, options: move in with extended family or downsize and then move to a facility for aging in place. The Triangle area offers excellent access to healthcare, the climate is moderate, and many generations enjoy the lifestyle here, making it one of the places that multiple generations are calling home. But, when to make the choice to move smaller or move to a facility, is by no means an easy one.

 

According to Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR) "As we see the transition of the…

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When we take clients for showings, landscaping is often a big draw. The average cost of landscaping in the US is about $5,000, but the return on investment is 100%. However, if you are thinking about selling in the next five years, you also might not want to invest a lot in landscaping at the expense of other home improvement projects. To save money and to attract buyers when the time is right, we recommend fast-growing and flowering shrubs for adding curb appeal, in a hurry. 

Camelias are classic North Carolina shrub, that grow quickly! With thick waxy leaves and beautiful flowers that come in a variety of colors and differing bloom times, they are an excellent choice. Partial sun or shade.


 

Azaleas are another classic quick growing…

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