What You Should Know About New ConstructionWhat You Should Know When Buying New Construction Homes

There's a lot of new construction here in the Research Triangle Area, from fully customized high-end single family homes, to mass produced production homes with few options for the buyer other than cosmetic, and everything in between. Each and every builder has their own jargon and terminology to describe their product and there's a very significant difference in the quality of what and how they build and what a homebuyer can expect throughout the process. It's very easy to become overwhelmed.

Here's what you should know about buying new construction.

New homes have a lot of advantages, but there are trade-offs. As with any major purchasing decision, consider your personal priorities…

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Testimonials

Moving is stressful and real estate transacting, whether buying or selling, is emotional. The team you use can ease emotions or add drama. We have found that buyers who choose their vendors based on digital review or paid review sites have unreliable results, at best. In our decades of experience in real estate, we have witnessed the rise of the digital professional over the word of mouth professional, and would like to offer our vendors who are proven beyond paid review or page rank. If you are looking to buy or sell a home in Raleigh-Durham, contact a member of our team to begin your search.

Lenders

A reputable lender will offer fair terms and competitive rates derived from your present financial status, adjusted income, and credit history.…

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Buying a Home: Do You Know the Lingo?

Highlights:

  • Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
  • To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
  • The best way to ensure your home buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher.’

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OK, we'll admit it; we are biased as this is where we live, work and play. North Carolina was ranked # 3 for inbound states. The Research Triangle Area has so much to offer, world class medical facilities, a rich, vibrant arts and restaurant culture, booming economy, easy access to a major airport (RDU) as well as the mountains and ocean. Best of all home prices while rising are still a bargain when compared to major metropolitan areas along the east coast.

The Top States Americans Moved to Last Year [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
  • Idaho held on to the top spot of &high inbound states for the second time since 2017, followed by Washington State.
  • New York…

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Communication With My NC Homes

Buying and Selling with My NC Homes

Real estate agents have many communication styles. There are those who are high-touch and constantly call, email, or text to keep you updated on the market; some are more laid back waiting for you to reach out to them when you've found something of interest. With the My NC Homes team, you have as much or as little communication as you want when searching for, buying, or selling your home.

We understand that time is critical when buying and selling, especially in this market. Some of our favorite home buyers became clients when they found what looked like their forever home and wanted to see the house as soon as possible. Getting to know our buyers or sellers helps us understand what they want most. One of our…

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Looking for a Condo, Townhouse or Single Family Home

"4-bedrooms and 3-baths and at least 2500 sqf."

So often this is how buyers start off our initial conversations. If we were like most brokers this information and a price range and we'd be off and running. The question is , "Are we really adding value and helping the buyer if this is all we discuss?" This is one example of where the "Experience" in our logo pays off. We understand that when it comes to buying a home, everyone is unique. Because of our extensive building background we know that square footage is much less important than layout. We've all seen examples of wasted square footage in a home. Yes the number of bedrooms and baths are a consideration, but if this is the extent of the information we start with, a lot of time and perhaps even…

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Make the Dream of Home Ownership

Make the Dream of Homeownership a Reality in 2020

As Realtors we know that the majority of Americans, share a common goal: Owning a home: a piece of land, a roof over our heads, and a place where our families can grow and flourish.

If you're dreaming of buying a home this year we know that the best way to start the process is to connect with a Real Estate professional to understand what goes into buying a home. By having your questions answered and understanding the process you will put yourself in the position to make a smart informed decision. Below are some questions to help guide you

1. How Can I Better Understand the Process, and How Much Can I Afford?

The process of buying a home is not one to enter into lightly. You need to decide…

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What Every NC Triangle Homebuyer and Homeseller Should Know in 2020

Homebuyers and home sellers in the North Carolina Triangle area are eager to know the 2020 housing market trends.
Whether you are buying or selling a home it is important to understand how to maximize the value to your family's bottom line. Understanding the residential real estate market and its possible trends will ensure your first step towards a decision with long-term benefits. One of the first questions home buyers and home sellers are asking us at the turn of the year is, "What do I need to know about the upcoming housing market?" While My NC Homes does not possess a crystal ball to see into the future, we have more than 60 years of combined experience in the industry that reinforces our confidence as we make our own predictions for the…

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Everybody Calm Down! This is NOT 2008

Last week realtor.com released the results of a survey that produced three major revelations:

  • 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next.
  • 57% believe the next recession will be as bad or worse than 2008.
  • 55% said they would cancel plans to move if a recession occurred.

Since we are currently experiencing the longest-ever economic expansion in American history, there is reason to believe a recession could occur in the not-too-distant future. And, it does make sense that buyers and sellers remember the horrors of 2008 when they hear the word recession.

Ali Wolf, Director of Economic Research at the real…

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How to Increase Your Equity

How to Increase Your Equity Over the Next 5 Years

Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recentHome Price Expectation Survey (HPES)helps target these projected answers.

Here are the results from theQ2 2019 Survey:

  • Home values will appreciate by 4.1% in 2019 {Locally in the Research Triangle market projections are averaging 5%}
  • The average annual appreciation will be 3.2% over the next 5 years
  • The cumulative appreciation will be 16.8% by 2023
  • Even experts representing the most bearish 25% of the survey respondents project a cumulative appreciation of over 6.7% by 2023

What does this mean for you?

A substantial portion of family wealth…

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