Location, location, location. You’ve probably heard it before and if not, you will. Location is a leading factor driving real estate values everywhere you turn, not just around Raleigh. What happens if you can’t find the house you need or want in the location you want? Should you sacrifice your house or location?
Many real estate agents [...]
The Federal reserve (Fed) has confirmed their position that it plan to stop purchasing mortgage backed securities after March, 2010. The Fed has been buying these securities since January, 2009 to keep the housing market from sinking to lower levels. The Fed’s actions have helped keep interest rates at historic lows during a very critical time for the [...]
AAAAAAAAAAAHHHHHHHHHH!
Tension breaker, had to be done. Now that we have that out of the way, I heard this from a caller today that was interested in one of my listings. I almost had to tell them to hang up and call 911 because she was confused to a point I was concerned for her.
First time home buyers [...]
Renting may seem cheaper than buying a home, especially in an uncertain market. However, rents will increase over time due to multiple factors, inflation being one. Raleigh is already seeing an increase in rental demand and according a story from the Triangle Business Journal yesterday, Raleigh rental rates are leading the charge. in U.S.
“Despite a slight [...]
I’m not sure what this means to Raleigh as an individual market. We are seeing stronger sales below $300,000 and strongest numbers as we see them are below $200,000. FHA goes up to $295,000 in our area so I’m sure it will have some ramification on buyers because the lower price range often represents younger buyers [...]
I read a great news article on RISMedia earlier and if you are considering a home purchase, you MUST read this:
Changing the Way People Buy Homes: Using the 203k Program to Purchase ‘Dream Homes’
In many cases, homes that would qualify for the 203k loan are in nice areas but have aesthetic problems. This program—because the home [...]
The first-time home buyer tax credit ends Nov. 30 and the rush is on for buyers to make their decision within the few weeks to be sure there is time to close the deal and realp the benefit. [...]
Stalk Jason