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Category Archives: Home Buyer Tips

Building a Pre-Sale Home in the Raleigh area: Preconstruction Options

The process of building a new home in Raleigh has changed in recent years. Banking regulations, new loan standards and other economic factors have altered how home builders are doing business. Not long ago, Raleigh was filled with spec homes – new construction properties built without a specific purchaser in mind. The trend at that time was for builders to speculate about what a buyer of a new homeRead more about Building a Pre-Sale Home in the Raleigh area: Preconstruction Options

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

What’s Going On in Wake County Real Estate for the 2nd Quarter

All indicators show 2013 is going to be a stellar year in Raleigh and Wake County real estate. And there’ll be more good news as we move into late summer and fall thanks to more homes sold, higher median sales price for homes, increased showings and a lower unemployment rate. But interest rates are slowly on the rise and Triangle inventory levels only show an average three months ofRead more about What’s Going On in Wake County Real Estate for the 2nd Quarter

How to Find the Right Home for You

Today we will welcome Alice Osborn to Raleigh Real Estate News. Alice is a wife, mother of two, and an entrepreneur. She also is in the process of looking for a new home for her family. In this post she gives us several insights into what she’s looking for in a home and at the end of her post, I’ll lend some guidance to this whole process.   HiRead more about How to Find the Right Home for You