Found 5 blog entries tagged as Home Sales.

Ready to give your home its’ day in the sun? Do you want to sell your house, but hesitate because you're worried you won't be able to find your next home in today's market? We want to offer reasons why summer is our favorite time for buying and selling in the Research Triangle Park and insight into a summer buyer journey. Days are longer, the weather is warmer, the inventory is low, and incredible new homes are on the market.

2023 Summer Selling Climate

According to Realtor.com, on average, active inventory in June is 50.6% below pre pandemic levels, 74% of homes sell in under a month, homes receive an average of 3 offers, and the median days on the market is 18. What does this mean? Sellers have had a sustained advantage nationally that is a…

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If you are considering selling your home either to take advantage of the market or due to financial distress, saving money by not enlisting the assistance of a Realtor, might seem like a savings. However, attempting to do this on your own without the guidance and expertise of a licensed Realtor could cost you much more money than you stand to save. Let's explore the why advantages of partnering with a real estate agent and why using a licensed Realtor outweighs potential savings. Our expertise is crucial for your home sale.


Exposure

Realtors have access to various marketing tools and platforms, including MLS listings, professional photography, virtual tours, and extensive professional networks. Their reach gives your home immediate exposure…

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With decades of experience listing and selling homes in the Research Triangle Park, we have been asked annually and repeatedly, is summer a good time to sell? When is the best time to list my home? If you're considering selling your home in Chapel Hill or Durham, this summer, like any summer, it's important to understand the current national and local market conditions. This season however we are seeing fewer sellers listing their houses for sale compared to most, making it a really great time to list, Inventory is constricted, meaning you get the highest value, best terms, and more favorable conditions as a seller. Let's talk more about whether right now, really is The Best Time to Sell Your Home in the Triangle.

April 2020 and Now

Looking back…

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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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Will Surging Unemployment Crush Home Sales

Ten million Americans lost their jobs over the last two weeks.

The next unemployment rate will be announced on May 8th. It is expected to be in the double digits. Due to the health crisis; the economy has essentially come to a screeching halt; and many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist both those who have lost their jobs as well as  the companies which were forced to close (think: your neighborhood restaurant). In a recent interview he said:

"This is a planned, organized partial shutdown of the U.S. economy in the second quarter. The overall goal is to keep everyone, households and businesses, whole."

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