Key Takeaways: Last March, many feared that the once-in-a-lifetime pandemic would cause a market crash—but real estate actually had its best year ever. As prices continue to increase, many are wondering if we’re headed towards a housing bubble akin to what we saw in 2008. Believe it or not, the market is nothing like it […]
All posts by Linda Craft & Team, REALTORS®
What Makes Today’s Real Estate Market So Competitive?
Key Takeaways This year’s housing market is shaping up to be the most competitive on record, but the pandemic isn’t the only thing influencing the national real estate boom. There are actually quite a few factors contributing to the Triangle’s hot market, including unfettered buyer demand, historically low supply, and steady interest rates. Have questions […]
How Smart Is It to Buy a Home Right Now?
What Do Mortgage Rate Increases Mean for You?
Key Takeaways: Over the last year, mortgage rates dipped below 3% for the first time in recorded history—but we’re already seeing them go up again. If you want to make the most of today’s low rates before they increase, now is the time to buy a home. Contact Linda Craft & Team at 919-235-0007 to […]
Exposing the 4 Factors Agents Use to Price Your Home Right
Key Takeaways: Before you list your home, it’s crucial to understand how much a buyer would be willing to pay for it. Your agent will use a variety of factors to determine a competitive list price—and some of them might be a little unexpected. If you’re looking for a fast and accurate way to price […]
How’s the Luxury Market Doing in 2021?
Key takeaways: Despite the ongoing pandemic, the luxury market has seen one of its strongest years since 2008. This unexpected surge is largely attributed to buyers wanting homes with more space and high-end features, as well as record-low mortgage rates. Thinking about upgrading to a luxury home during 2021? Contact Linda Craft & Team to […]
Are We in a Housing Bubble Like 2008?
In this issue: Soaring home values and surging buyer demand have led many to believe that we’re experiencing another housing bubble. However, conditions are vastly different from those preceding the 2008 market crash. Extremely low inventory, verified demand, and strong equity are all bolstering today’s housing market—and were lacking in the mid-2000s market. The absence […]
Why You Shouldn’t Use Automatic Estimators to Price Your Home
Key Takeaways: Automatic estimator tools are popular amongst homeowners and sellers, but they aren’t always the most reliable. In some instances, these estimators can be off by thousands of dollars due to inaccurate data. If you’re looking for a better way to determine your home’s market value, give us a call at 919-235-0007 to get […]
Do You Really Need a 20% Down Payment to Buy a Home?
Key takeaways: Most buyers—especially first-timers—think they need a 20% down payment to purchase a home. Believe it or not, a majority of today’s buyers put down significantly less than 20%! Want to know if homeownership is within your reach? Contact Linda Craft & Team at 919-235-0007 to start your real estate journey! No, You Don’t […]
3 Reasons All Buyers and Sellers Should Use Listing Alerts
Key takeaways: Listing alerts send new homes straight to your inbox as soon as they hit the MLS, and they’re the easiest way to keep up with the competitive market. Listing alerts aren’t just useful for buyers—they can also help sellers stay up-to-date on other current and sold properties in their neighborhood. Signing up for […]