Are You Buying at the Top of the Market

Posted by Larry Tollen on June 3rd, 2021

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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Five Simple Graphs Showing it's Not Like the Last Time!

Posted by Larry Tollen on April 1st, 2020

Market Chatter

There are already no shortage of experts weighing in on the future real estate market, and there is little doubt that over the coming months there's going to be considerably more. As everyone reading this already knows; I have a crystal ball, it's my secret power that allows me to sell real estate and write real estate blogs. Now that my secret has been disclosed here are a few things to keep in mind over the coming month. *

Why the Housing Market isn't Likely to Crash Like Last Time!

• None of the "experts" has a crystal ball and not one of them has been through this before. 
• Mortgage Requirements are much tougher now than they were leading up to the 2008 Crash.
• Appreciation has remained around 5% annually rather…

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