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 so good that although I couldn’t squeeze them into the original post so I thought I would share them in a separate post. Continue reading Realtors Comment on Raleigh – Cary – Durham Home Sales 2014
Because of the current state of our economy many luxury home buyers may have been artificially sidelined.
These would be move up buyers are fearfully waiting for the housing market to bottom.
As with the stock market, it is hard to time the housing market. No one really knows for sure whether the market will go down further or not. In fact even after a recent six month rise in housing prices they have begin to fall again. Continue reading How to Upgrade your Home in Raleigh
ContentsHas Renting Become the New American Dream?a Lack of Affordable Rental Units Inflation is the intended unstated goal of governmentRelated … More Is Renting YOUR American Dream?
Contents Related articles USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS From the National Office in Washington DC June 15, 2011 … More $14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers
The USDA is begging for people to borrow their money! The program will be undergoing significant changes in … More $24 BILLION DOLLARS ALLOCATED FOR GUARANTEED LOANS!
In April I wrote about a bill introduced in the North Carolina General Assembly HB/485 that I dubbed Cash For … More NC Home Buyer Tax Credit *UPDATE*
Today’s historic low real estate prices in Raleigh North Carolina and the surrounding areas along with similarly low rates have made homeownership the best tool or hedge against inflation the average person can use to protect themselves from the imminent rising prices. If you have been waiting for the bottom, this loan officer is going on the record as saying THIS IS IT! Of course we will have no way of knowing that to be true until we look back six months from now and see that I was right, but by then it will be too late and you will have missed the best opportunity to have bought real estate in easily 30 or more years!
Remember, housing will likely be in a much better position in the second half of the year and at that time rates could be a bit higher. Now’s the time to take advantage of the combination of low rates and affordable housing.
three little known down payment grants for home buyers in Raleigh North Carolina
Even if a friend or relative has recommended a contractor that he or she has used before, you should establish some minimum credentials. Get the full company name and address, and make sure that the firm has a current state license and adequate insurance coverage. (Typically, this means at least a million dollars in liability and worker’s compensation coverage.) Get license and policy numbers, then verify that they are current. Determine whether any formal complaints or legal actions have occurred in the past or are pending.