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…

Raleigh’s “Weak and Declining” Real Estate Market

Wake County Real Estate Market Update June 2014 Second to Fannie Mae, the nation’s largest purchaser of mortgage backed securities is where you will find Freddie Mac. Each month Freddie publishes a variety of insightful industry reports. One of those reports is called the Freddie Mac Multi-Indicator Market IndexSM (MiMiSM). In this report various data points are weighted…

How to Upgrade your Home in Raleigh

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…