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Monthly Archives: September, 2013

Tips on Buying Commercial Real Estate

As a residential agent, I view commercial real estate as a strong economic indicator for Raleigh and the Triangle. To wow your friends at your next wine tasting, I interviewed commercial broker Mark Howe, TCAR, NCCCIM, CCIM, ALC, NCGC who has been one of the Triangle’s leading commercial agents for over three decades. Since 2013 he is the Triangle Real Estate Group‘s Commercial Division President. Currently serving on theRead more about Tips on Buying Commercial Real Estate

What Rising Rates Mean To a Homebuyer

Why did interest rates go up and what does that mean for homebuyers? Here’s what’s going on currently in the market: Recently, the rates jumped from the mid 3% range to 4.5%, so the monthly payment for a $200,000 loan for 30 years would be $1,013 vs. $843. Over the course of a year, that’s $2,040 more in payments a year. Rising interest rates hurt first time homebuyers theRead more about What Rising Rates Mean To a Homebuyer