Regardless if you’re a first time homebuyer looking for a cozy (realtor speak for small) 3 bedroom ranch styled home or a veteran move up buyer purchasing your dream home one thing that is consistent across that supply of housing in Raleigh-Cary and all over Wake County is that it’s tight! Continue reading Buying a home in Raleigh is getting tough!→
HUD has just published the 2013 Area Median Income limits and the 2013 Fair Market Rents for use in Raleigh – Cary MSA. You may be asking yourself “why should I care about HUD Median Income Limits”? If your plans to move to Raleigh or Cary include buying, selling or simply renting a home (and by “home” I also mean an apartment) in the Raleigh – Cary Metropolitan Statistical Areas (MSA) this shouldbe very important to you.That is why I’m filing this post under the category of “SAQ” or what I like to call “Should Ask Questions”. Continue reading HUD Predicts Some Rents increased by as much as 25% in Raleigh – Cary MSA 2013→
According to the statistics recorded in the Triangle Multiple Listing Service there’s good news and there’s really bad news for the Raleigh Real Estate Market. I prefer the bad news first because it always make the good news sound just a little bit better so here’s the bad news;
Median & Average Sales Price Declines in Raleigh by double digits
When we bought our house in 2008, we joked about the location. It was on a street named Stable. The neighborhood was named for a horse farm that used to occupy the 30-acre tract of land.
My husband and I always operated under the premise that each house would be a stepping stone to the next bigger, better home. Our first house was purchased with an ARM loan, and we sold it about a year before the balloon payment was due. This house was never supposed to be our long-term home, but a stepping stone for a few years. We viewed buying and selling a house like trading cars, and it was often easier, in fact, than buying another car. Continue reading Uncovering Hidden Treasures: Finding Stability in Unstable Times→
“The federal government is considering moving its local Immigration and Customs Enforcement office from a Cary office park to a former Kroger supermarket on N.C. Highway 55 and High House Road.” reported Sloane Heffernan from WRAL News.
dults making over $60,000 annually are more confident in a home as the best investment for a family than those earning less than $60,000 and 52% of investors say buying a home is the best investment a family can make.
if you are a first time home buyer shopping for a home in Raleigh say between $100,000 and $149,999 and in April found that your low ball offers weren’t being accepted, it’s because it ISN’T A BUYERS MARKET IN RALEIGH in that price range.