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Monthly Archives: September, 2010

When is the best time to sell a home in Raleigh?

As we enter the fall season, I am being asked frequently if now is good time to sell a home. I reviewed the number of requested showings again this morning to try and better answer that question. Scheduled home showings in the Triangle- Click to enlarge Showings do slow down as summer comes to a close and this year appears to be more of the same. Showings stayed flatRead more about When is the best time to sell a home in Raleigh?

Wake County Home Sales for August 2010

The tax credit served an immediate purpose by putting money in the hand of the consumer and getting home buyers off the fence. The credit ended in April and the resulting hangover is fewer showings and fewer sales in the months that followed. Wake County saw home sales slip 29.9% in August 2010 vs. 2009. August 2010 Home Sales for Wake County- data provided by Triangle Multiple Listing Service

PCS Homes files Chapter 11

According to a report from the Triangle Business Journal, Maryland based PCS Homes with strong ties in the Raleigh area is in Chapter 11. Companies can use Chapter 11 to reorganize thier business or personal assets and debts, but can also be used as a mechanism for liquidation.