Found 36 blog entries tagged as Real Estate.

There have been some moments this year, that Realtors have not been proud to show. Barbicore is one that is truly an acquired taste, and as we begin to close out 2023, we look forward to new trends that make our jobs, just a bit easier. Here is a pop quiz style list compiled from designer insights and consumer feedback, and what trends will last into 2024 and what trends will stay behind in 2023.

1. All-white Bathrooms, In or out?

Out! According to a survey by Fixr.com, over a quarter of interior designers are ready to bid farewell to all-white bathrooms. A shift is being made towards more vibrant shower tiles and jewel tones.

 

 

2. Patios to the Max, In or out?

In! With contingencies. Homeowners have been maximizing their outdoor…

212 Views, 0 Comments

Read Full Post

If you are putting off moving because you think that home prices will go down, you may want to rethink this strategy. There are a number of factors that have all experts predicting home prices continuing to rise. While the market may cool, and prices will likely not be going up by the soaring amounts that we saw in 2020 and 2021, {locally upwards of 20%}, make no mistake they are continuing to rise. Let's discuss the factors that come into play, latest data, and what strategies we think will be winners in the last quarter of 2023, and into 2024.

But what if prices drop?

If you put off moving because you're worried home prices might drop, you may want to rethink this strategy. Despite a massive increase in prices and the market correction in…

255 Views, 0 Comments

Read Full Post

It might be hard to believe, but we are seeing incredibly high demand for homes. It is not something new and housing experts have predicted that we would be seeing housing constriction for some time, but when homes come to market, they sell quickly, and generally for great terms. More significant than the demand for homes, is the constriction of inventory. For those contemplating the idea of listing their home, this presents a true advantage if your home is priced correctly. Let's dive into the all-important question. Will more homes be coming to market?

Spring, Summer, Fall Trends, in Reverse?

Traditionally, the peak of the housing market occurs is the spring buying season, and sellers in turn prepare homes to sell in the fall or winter months.…

230 Views, 0 Comments

Read Full Post

Purchasing a home is one of the most important financial decisions you will ever make. In the current real estate landscape, where we are post pandemic, low inventory, and with fluctuating interest rates, it is imperative that you have an expert guiding your hand in a decision of this magnitude. Whether you're a first-time buyer or a seasoned seller, partnering with an expert who has decades of experience analyzing historical data in addition to block on block local knowledge will be essential to making sound decisions and protecting your investments.

Experience is Key

No one is perfect and no Realtor is a mind reader, however, Realtors with more experience have the ability to put mortgage rates, home negotiation and pricing, and discussions…

254 Views, 0 Comments

Read Full Post


Did you know that we have HALF of the available homes for sale compared to 2017-2019? Inventory is extremely limited at the moment, and according to Chief Economist, Lawrence Yun, "There are simply not enough homes for sale. The market can easily absorb a doubling of inventory." It is rare that conditions are this favorable to Triangle area home sellers. If you have even thought about listing in the next six months or six years, let's discuss some of the reasons why it pays to sell now.

Inventory

Inventory is at a record low. What this means is that your home stands a better chance of selling now and generating bidding wars if priced correctly. What this does not mean is that you should artificially inflate the price of your home, thinking…

218 Views, 0 Comments

Read Full Post

 

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…

564 Views, 0 Comments

Read Full Post

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…

266 Views, 0 Comments

Read Full Post

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…

305 Views, 0 Comments

Read Full Post

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…

943 Views, 0 Comments

Read Full Post

4 Surprising Things That Will Increase Your Homes Equity

Investing in real estate is generally considered a sound strategy for growing wealth, especially in areas where home values are rising, like The Research Triangle. Home equity is a homes value minus liens or debts against a home. There are a number of factors within and outside of a homeowner's control that amounts to a home's equity. To grow home equity and its’ values there are some surprising things you may not be aware of. As experts in home values in The Triangle, we are sharing some of our top "surprising" tips.

  1. Meticulous Renovation Documentation

It is well known that investments in renovations such as a new roof, a kitchen upgrade, or bath upgrades increase the value…

346 Views, 0 Comments

Read Full Post