The most recent video from Triangle MLS regarding the state of Raleigh are home sales has been released. This videos aren’t fancy but they are solid insight about our real estate market.
Monthly Archives: April, 2010
Federal Housing Tax Credit Has the Home Buyer Tax Credit been effective? A story from the NY Times yesterday reports that Realtors and other real estate industry professionals declare it a success as it spurred sales with buyers who may not have otherwise bought a home. However, there is question as to how cost effective the $12.6 billion in credits through end of February in spurring on the market.Read more about Home Buyer Tax Credit: What cost for success?
Did you see the Undercover Investigation Into Debt Settlement Companies on Good Morning America this morning? I hope the investigation continues and companies like this are shut down. However, credit counseling is real and after a few quick searches on Google this morning, people are wrongly lumping all these companies together. There are legitimate companies out there designed to help you get back under control. Some companies out thereRead more about Credit Counseling: Get serious and don’t get burned
Raleigh’s housing market has performed better than many other parts of the country. But, that doesn’t mean that Raleigh is not a buyer’s market! A couple of years ago you could list your home for sale and then wait for the market to come to you. Sometimes simply waiting long enough would net you a higher price. In today’s market, homes that sell faster reap higher sales prices inRead more about Make more money by selling your home faster
The Timber Drive Extension in Garner will open a whole new level of convenience for are residents offering quicker access to White Oak Shopping Center. Here’s the latest update regarding the coming transportation improvement project: NC Department of Transportation Will Begin Construction of the Timber Drive Extension This SummerThe Town of Garner was recently updated on the status of the Timber Drive Extension project. North Carolina Department of TransportationRead more about Timber Drive Extension in Garner
The home sales numbers for March are shown below. All sales are for Wake County, NC and include Raleigh, Wake Forest, Rolesville, Wendell, Zebulon, Knightdale, Garner, Willow Springs, Fuquay Varina, Holly Springs, Apex, Cary and Morrisville. Looks like we are seeing improvement over last spring’s real estate sales as expected. The market is still soft in many of the outlying areas. I was poking around our MLS the otherRead more about Wake County home sales report
The new townhouse community in Garner will be open this weekend from 12:00 until 4:00 both Saturday and Sunday. Southerby will feature 54 townhomes when it’s complete and is located just 5 miles from the heart of downtown Raleigh! We have 4 homes available for quick close and more under construction! Prices start at $185,000 and available features include first floor master bedrooms, 1 car garages, finished and unfinishedRead more about Southerby Bluffs Open 4/17- 4/18
This a great video of you have questions about the Raleigh real estate market. Stacey Anfindsen from the Birch Appraisal Group is a popular housing statistician in Raleigh and I have followed his work for years.
Home sales showed signs of life in February. I am sure that the looming deadline for the federal housing tax credit is having an impact on the real estate market as buyers take advantage of free money to move. If you are able to be under contract by 4/30 and close by 6/29, then go for it. If you are not able to meet those deadlines then don’t panic!Read more about Pending home sales improve