After the housing market crash of 2008, homeownership rates throughout the country have decreased dramatically. At one point prior to the crash, the homeownership rate was over 69%. In the years following, it dropped to its lowest point at 63.7%. As homeownership in Raleigh continued to decrease throughout the late 2000s and early 2010s, many […]
All posts by Linda Craft Team Realtors
Good News for Buyers: Bidding Wars are Decreasing!
If you’ve been in the market for a new home, you’ve likely seen (or been a part of) a bidding war. This is fairly common when you’re in a market like ours; one that’s seller-focused due to a discrepancy between housing inventory and demand. In short, a bidding war is when two or more parties […]
The Top Tax Deductions & Credits for Homeowners in 2019
Taxes are confusing, which is why many people in the U.S. choose to hire an expert to do their taxes for them. After all, there are so many numbers to know, forms to have ready, records of income and expenses, W-4s, 1099s, 380-Ts—we could’ve just made that last one up, and there’s no way of […]
Home Prices are Not Crashing, They’re Coming to a Soft Landing
Over the last several years, home prices have increased substantially throughout the country. Many homeowners are worried that this means we’re headed towards another housing crash. Luckily, that’s not the case. We’ve written about it at length, but the real estate market is not heading towards a crash. While it’s true that home values are […]
Homeowner Perks: The Many Benefits that Come with Buying a Home in Raleigh
If you’re planning on buying a home in Raleigh soon, you’ve probably already started weighing the pros and cons. While buying a home is a huge transaction, and an even bigger investment, it will improve your lifestyle, finances, and overall well-being for years to come. In fact, there are a myriad of benefits—both financial and […]
No, We are Not Headed Towards a Housing Crash: Here’s Why
In the past few months, you may have heard whisperings about an incoming housing market crash. We’re here to put you at ease: we are not headed towards a crash! A lot of this concern comes from average home prices slowing in growth across the country. We wrote a blog about it last week, but […]
Up Your Home’s Resale Value with These 5 Outdoor DIY Projects
Spring is here, and summer is closer than ever. That makes it a great time to get outside and spruce up your home’s exterior! If you’re planning on selling your home soon, a little outdoor maintenance can go a long way. In fact, here are five outdoor projects you can do yourself that are sure […]
The Real Estate Market is Returning to “Normal:” Here’s Why That’s a Good Thing
In the past couple of months, we’ve written about how the Raleigh real estate market is primed for sellers. That’s because of a discrepancy between housing demand and housing supply. When there aren’t enough homes for sale to satisfy buyer demand, home prices rise. In fact, over the past few years, home price appreciation has […]
Why 2019 is THE Year to Sell Your Raleigh Home
If you stay up to date on real estate trends, you’ve probably noticed that interest rates and home prices are rising. Many homeowners are taking this as a sign that it’s a bad time to sell their homes because buyers won’t be as interested. However, that couldn’t be further from the truth! Buyers are still […]
Saving up for a New Home? Here Are All the Costs You Need to Know
Once you’ve found the perfect home and secured the loan, all that’s left to do is start chipping away at those mortgage payments…right? In actuality, there are a handful of other, often-overlooked expenses that come with buying a home, but as long as you know what you’re getting into, they’re plenty manageable. Take a look […]