About ricardocobos

Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183

All articles by ricardocobos

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’.

Southgate Subdivision – Market Update

ContentsAugust 2018 (Garner, NC 27529)Southgate Market Statistics August 2018Median Days on MarketAverage Sales PriceMedian Days on MarketMedian Percent of Original … More Southgate Subdivision – Market Update

Wake County Foreclosure Rising to Pre-Crisis Levels

ContentsWhat is the Shadow Foreclosure Inventory?What are Judicial Foreclosures?What is a Deed of Trust?Why are foreclosures spiking?What can past due homeowners … 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