As we head into the holidays, we are still seeing strong buyer demand and while typically this isn't a time sellers flood the market with listing, there are still sellers listing to take advantage of the market conditions. For those of our readers who do not follow our blog regularly, in 2021, and more specifically the latter half of the year, mortgage rates fell below 4% and remain there. As we approach 2022, rates are rising and buyers need to be serious about taking advantage if this climate if they are looking to finance their home. Sellers who are coming to the market are well aware that they have leverage. BUT, and this is the big BUT, sellers cannot ask way above the asking price and expect their home to sell. In this post we will discuss…

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The real estate market right now in The Research Triangle is at an incredibly limited supply, but not every home is getting huge margins above the market value. If you have been considering selling your home and have had discussions with friends, family, or realtors, who suggest you can get way above market value, they may not be the best authorities on what is really selling above value and what is still selling at value. Real estate, like fashion, is subject to some trends, and what buyers look for changes depending on a number of factors. Most notably is our new hybrid lifestyle with a lot more time at home. Here are some of the things that are on today's buyer wishlist. If you want to know if your home is what buyers want, you will find it below

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It is a glorious fall in The Triangle and as the leaves and temperatures are falling, you will need to do some seasonal maintenance to ensure your home is prepared. These tips save money and keep your home in good condition. An ounce of prevention is worth a pound of cure, as the saying goes and this is really with home maintenance. If you are considering selling this winter or fall, these will also need to be on your checklist. Looking for a specialist to help you maintain your home, work on the gutters, or check your roof? Please reach out! We have excellent home maintenance partners.

Get your Mind on Your Gutters!

Your gutters play a critical role in your home by diverting thousands of gallons of water annually off of your home. They drain…

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Homes on The Triangle are going under contract in record time; often selling in less than 48 hours, sometimes before they're available for physical showings. When you list your home in this climate, you need to be ready. The list below was put together to support your move, and help you prepare in advance rather than scrambling when your home goes under contract and you under pressure to MOVE! Take a deep breath, and let us help you manage your selling experience.

Find Your Realtor

Selling a home can be one of the biggest life stressors there is. It can also be one of the biggest financial decisions you will make in a lifetime. To hire a friends "friend" or go by unvetted referrals is a mistake. This is a big deal. There is a lot of money…

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Understanding Appraisal Issues

I know this post is likely to generate a lot of negative comments from appraisers and mortgage lenders but I am willing to take the heat and be honest. Appraisals have always been "A necessary but pointless headache" for Buyers, Sellers and their Realtors.

Here's the bottom line, an appraisal is nothing more than one person's opinion of valuation. It may or may not be a well-reasoned, educated valuation; regardless of whether it is a well done appraisal or not; at the end of the day, it's meaningless other than to the Lender in terms of what they're willing to lend a buyer.

For context and to understand I'm not some upset Realtor indulging in a rant; I have been a full time Broker for more than 40 years. My…

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The emergence of a global pandemic and the effects of a warming climate have resulted in a reprioritization for buyers in The Triangle real estate market, and a buyer migration nationally. As real estate progressive professionals in the tech-driven Research Triangle, we already witnessed some shifts from buyers wanting much more in when it comes to work from home options. In addition more buyers are looking for more multi-generational home options, sustainable living options, and locations where climate change is factored in. We heard from buyers telling us they were relocating from the west coast specifically to avoid ever worsening drought and water restrictions as well as fires.

Below is a list of insights for sellers to make homes more…

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Gardening is a pastime steeped in Triangle tradition. From award-winning floral garden designs to award-winning vegetables grown and recipes derived from the fruits of North Carolina soil, we are fortunate to have incredibly fertile earth in Central North Carolina, and a  moderate climate, supporting a wide variety of flora and fauna. With such diversity however come pests in the summer.

Throughout history,  plants have been used in garden design, agriculture, and landscape design for certain properties, in fact, combining certain plants is commonplace for the benefits they confer. My NC Homes would like to offer practical tips for designing and adding plants that repel summer pests and add curb appeal. My NC Homes would be remiss not to mention…

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Ahhhh the smell and feeling of North Carolina BBQ has no parallel. BBQ's and Cookouts in the summer are quintessentially American and it is hard to describe 4th of July, Labor Day, and Memorial Day, in terms of what people love to do, without mentioning a BBQ or cookout. In North Carolina, especially, with its rich history of delicious BBQ, cooking outside for long periods of time and enjoying the fruits of your labor around a pit are part of the culture. As long time Realtors in The Triangle and cooking afficandos, we have seen lots of trends come and go in terms of trends in homes and amenities, but some things are always going to be big sellers, and the outdoor kitchen with BBQ is one of the top amenities in the South. Here are some of the…

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Are you considering a reverse mortgage? Do you know what a reverse mortgage is? Is it the same as refinancing? In the past decade reverse mortgages have gained in popularity, but we have also witnessed a rise in fraudulent and predatory practices within this industry. It has been pushed to seniors as a catch-all financial retirement product. However, it is important to understand that in reality it's a loan and when used to cover living, medical or other expenses you must understand that you are reducing the equity in your home. Applied without careful consideration, it can put your finances in a much worse position than other options that may be available to you. Let's explore the reverse mortgage and see if this is an option that makes sense for…

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Over the past 30 months My NC Homes clients are selling homes frequently within hours of listing. The supply of homes currently in the Triangle is well beyond constricted and as a buyer, you may find yourself without many options. Buyers are frustrated putting in offer after offer, only to be outbid, or to make concessions that would not be prudent in normal real estate transacting circumstances. We would rarely recommend buying a home without inspections, but this is the advice we are giving to some buyers to secure homes. Leading us to one of the questions we get all the time, “Am I buying at The Top of the Market? On the one hand, interest rates are low and favorable to buyers, on the other hand, home prices have skyrocketed. Let's take a look at…

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