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Under Contract & House Has Been Damaged; Now What?

There’s an old adage He Who Has the Gold Makes the Rules aka ‘ The Other Golden Rule’. Nothing could be further from the truth in this scenario so the best answer here is ‘It depends’.

Wake County Foreclosure Rising to Pre-Crisis Levels

With real estate prices on the rise across Wake County and the region of the Research Triangle of Raleigh-Cary-Durham, mortgage … More Wake County Foreclosure Rising to Pre-Crisis Levels

Winston Pointe, Clayton NC (27520) Market Snapshot August 2018

Winston Pointe in Clayton is another interesting neighborhood in Johnston County. Like Creekside in Garner, new construction is the primary … More Winston Pointe, Clayton NC (27520) Market Snapshot August 2018

The cost of buying a home is rising three times faster than the cost to rent

This was today’s top story in my real estate news feed from Marketwatch.com

‘The monthly cost of buying a home — which includes mortgage payments, taxes and insurance — jumped 14% between July 2017 and July 2018, according to a report released Thursday by Realtor.com. Comparatively, it only became 4% more expensive to rent a home over that same period.’

Continue reading The cost of buying a home is rising three times faster than the cost to rent