According to research of the foreclosures during the past 7 years, chief among the cited reasons were lack of down payment, undisclosed debt by the buyers, reduced credit requirements, and unstable income. In response to greater accountability to Washington lenders …

What is a My Community Mortgage? Read more »

With all the new jobs being created in Raleigh-Cary with companies such as Red Hat, Citrix and MetLife just to name a few of the bigger names, it’s probably no surprise that there are a lot of people moving to …

Three Reasons to Rent in Raleigh-Cary Read more »

When I was preparing the post – Buying a home in Raleigh is getting tough!  I reached out to some real estate partners that I know and trust and asked them to comment on on the current market condition. The responses were …

Realtors Comment on Raleigh – Cary – Durham Home Sales 2014 Read more »

In quite a few areas of the Triangle, houses are going under contract within 1-2 days of hitting the market and most of them have multiple offers on them. The inventory crunch is shaping up to be the same or worse than last year because rates seem to be rising and homeowners are still hesitant to put their homes on the market. As a result, the builders are having a field day. They can’t build them fast enough! – Justin Burleson – Raleigh-Cary Area Real Estate Broker

Some today experts are saying that only 1 out of 10 short sales reach successful conclusion. Yet others say that 1 out of every 4 close escrow. Regardless a 10% to 25% success ratio is pathetic no matter what your business is!

SOLID Stays Informed: The Inside Edge from the Raleigh Mortgage Guy Mortgage Rates Improve on Debt Warning With little economic data, it was a relatively quiet week for mortgage rates. The biggest economic news was a surprise warning from a …

Mortgage Rates Improve on Debt Warning Read more »

Up to $7,500* for down payment and/or closing cost assistance

While consumers certainly struggle with higher gas prices, longer-term inflation trends generally are more influenced by other factors such as wages and housing costs, which recently have been increasing very slowly.

Why You Should Start Planning To Purchase A Home If you’ve ever thought about buying a home, but decided that it was too big a financial gamble, think again. It’s possible you haven’t considered the risk of not buying a …

Five Great Reasons to Buy a Home today Read more »