There's no doubt about it that the housing market this year has felt extremely uncertain. From mortgage rates to a slower pace in home sales and fluctuating prices, homeowners, sellers, and buyers have been grappling with a landscape that requires reassurance. The Triangle area is still a great place to buy and definitely it's a great time to sell, if you have the right team and guidance. Don't take our word for it, let's take a look at the current state of the housing market, drawing insights from experts and industry projections, to shed light on what the rest of the year might hold for prospective homeowners, first time home buyers, and investors.

Mortgage Rates and Financing

The year 2022 witnessed a doubling of interest rates, a trend that…

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Sell! Buy! Mortgage Rates!Attention grabing headlines can be very destabilizing for buyers and sellers in today's real estate market. One of the biggest concerns for potential homebuyers and sellers is prices; are they going up, coming down' do you see inventory increasing; these are questions we hear almost everyday. Amidst the barrage of news headlines, it's really important to approach reports with the proper context. Let's explore the misconceptions surrounding home prices and why it's crucial to understand the concept of seasonality in real estate. By focusing on the market's normal seasonal trends and avoiding alarm caused by big headlines, we believe you'll be better equipped to navigate the housing market.

The Anomalous Years

Have…

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Pay attention if you're planning to sell your house today or within the next five years, it's essential to recognize the increasing value buyers place on energy efficiency and eco-friendly features. WIth demographics tracking younger, and with many higher education institutions and research facilities in the Research Triangle Park, hence the name, we work with a particularly savvy group of home buyers. Many if not most of our buyers want to either upgrade for energy efficiency and sustainability or buy new properties who have less of an environmental impact. Here are some of the recent findings that support these trends and how our sellers can take advantage of this "climate".

Broker Insights to Sales Realities

According to the 2023 Realtors and…

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Inspections play a critical role in ensuring the safety and, in turn, the value of a property. It is important to understand the distinction between permit inspections and home inspections when buying or selling real estate. Often buyers and sellers confuse permit inspections for home inspections. These two types of inspections are both important for different reasons. To best protect your investment, you should understand the difference to make informed decisions during the buying or selling process.

Permit Inspections: Compliance with Building Codes

Permit inspections ensure that construction or renovation work adheres to local building codes and regulations. These inspections take place during or after construction projects, such as home…

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When it comes to celebrating the Fourth of July, The Research Triangle Park offers a variety of events and activities for locals and visitors, from families to foodies. Here we give you a quick guide to some of the best July Fourth celebrations in The Research Triangle Park. Festivities, fireworks displays, and family-friendly attractions make this region an ideal destination for Independence Day.

The Festival for the Eno is a two day event, July 1 and 4, from 10-6pm. It is one of the most anticipated events in the Triangle area and draws visitors specifically for this festival. As a celebration of art and culture the event features live music performances, local arts and crafts, food vendors, and interactive exhibits. Held along the banks of the…

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Are you having a difficult time discerning whether right now is a good time to invest in real estate, due to concerns about inflation? If you're considering buying a home in Durham or Raleigh, North Carolina, you may be dissuaded in making an investment because of the impact of inflation on your daily expenses, such as groceries and gas. However, as a renter, you may also have noticed that your rent is increasing as well. Given these elevated costs, it might seem counter intuitive to buy a home, however in the current market, it is a vital way of not only protecting your wealth, but of building future wealth.

Building Equity, Stabilizing Rent

Homeownership actually provides a shield against the rising costs brought about by inflation. According to…

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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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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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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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