Short sale offers are many times delivered along with a good portion of misunderstanding. There seems to be quite a bit of confusion regarding who is actually the seller. Confusion exists even among some Realtors. I've listed a fair number of short sales. Every time I have had at least one offer presented where the real estate agent demands that the bank be notified at once of their … [Read more...]
April 5, 2010 By Leave a Comment
Spring And The 2010 Wake County Real Estate Market
How will the 2010 Raleigh area real estate market be affected by the Spring season? Looking at historical data for the Wake County real estate market will give us some pretty good insight. First though, how do we know Spring is officially here in Raleigh, NC? We could check the calendar. Or we could go with more scientific proof. I thought about washing my car on Friday. Within 30 … [Read more...]
January 6, 2010 By Leave a Comment
Welcome To The 2010 Real Estate Market
Ahhh. The new year is here. Have you seen all the articles out there calling the past 10 years the lost decade? From a personal perspective I'm not sure I would go quite that far. There's something unsettling about the idea that the last 10 years were wasted. But I do know quite a few home sellers who are ready for something different than what 2009 offered. So what will 2010 look … [Read more...]
November 30, 2009 By Leave a Comment
Appraisal Is The Final Check On Pricing A Home
In today's real estate market, pricing a home has become more important and at the same time more difficult. When selling your home, price it too high and no one will even look at it. Price it at the current market level and you still have to deal with the oversupply of homes for sale that exists. And with all the foreclosures and short sales out there, market prices are becoming more and … [Read more...]
April 27, 2009 By 5 Comments
Sellers Market Coming Soon
May I please have the attention of anyone looking for homes for sale in Raleigh, Cary or Wake Forest? The current home buyer's market will be going away soon and will be replaced by a robust seller's market. Please do not wait too long to buy your home because there will be very little warning when the next shift in our real estate market occurs. I hope everyone gets that message loud and … [Read more...]
April 6, 2009 By Leave a Comment
Homes Under $300K Are Selling
Selling a home priced under $300,000 can be fun and it can be done relatively quick. Selling a home priced under $200,000 can be even more fun and at least as quick. These are the new hot price points in the real estate markets of Raleigh, Cary and Wake Forest. Inventory in Wake County is about 12 months now. That's based on 8898 unsold listings in MLS and 4370 sales in the past 6 months. … [Read more...]
March 28, 2009 By Leave a Comment
Selling A Home With Tenents Is Hard To Do
Selling a home that is in perfect condition and is priced slightly below the market can take a little time these days. Under these optimal conditions the marketing skills and reputation of your Realtor can be the determining factors in getting your home sold. A component of marketing is making your home appealing to the largest possible pool of buyers. That means taking what I have to work … [Read more...]
