Raleigh home mortgage rates increased three times this week
Category Archives: First Time Home Buyers
Raleigh Real Estate is a Great Investment
What were the general principles we all learned in long term investing? Buy low, sell high, diversify, have an emergency savings and remember the long in long-term investing. An artificial bubble was created by removing all barriers to owning a Raleigh home. If you were breathing you could get a Raleigh home mortgage and interest rates were […]
Raleigh, NC Ranked #1 on Forbes List
Good news for all of us who live and love Raleigh, NC. Forbes.com ranked Raleigh #1 March 25th, 2009, as the best place for business and careers. Durham ranked #3. With wonderful publicity such as this, PLUS UNC and Carolina Hurricanes both in the play offs for championships the Raleigh real estate market is getting a nice media boost. […]
Should Buyers Buy in a Buyers Market?
Interest rates are below 5%, there is a surplus of housing which gives buyers unbelivable choices, sellers are motivated to sell and are pricing realistically and are still negotiating even lower than list price…Sounds like a fabulous buyers market to me and buyers should buy. Right? But, here it is January 2009 and buyers who […]
Safety for Raleigh Home Owners
Today I heard that WRAL- Channel 5 -would be featuring a story on the potential danger home owners face when allowing strangers into their home when they are selling it themselves. As Agents we take this matter very seriously. Some of you may remember several years ago when a real estate agent in the Fayetteville […]
Raleigh Has A Growing Number of Homes in Foreclosure
Every day I watch and the number of new listings, price reductions and failed listing in the Raleigh real estate market. It is very concerning to me as I see our historically safe real estate market falling and our personal equity investment decreasing. Although Raleigh home prices have not fallen to the extent other areas […]
Raleigh REALTOR Earns Certified Distressed Property Expert Designation
RALEIGH, N.C. Linda Craft and Team REALTORS® announced today that Linda Craft has achieved the Certified Distressed Property Expert (CDPE) designation from the Distressed Property Institute. Craft is the first and only REALTOR® in Raleigh to receive the designation, joining only 1000 agents worldwide that have earned the certification. “Historically, a percentage of the real […]
Raleigh Homeowners Struggling With Their Real Estate Investment
My phone rings a lot with people who need to sell and have unbearable heartaches in their lives. Divorce, job loss, death, retirement loss, rising cost of living paralyzing cash flow and when you couple that with 2 years of a declining real estate market it has made me more than a REALTOR, I am […]
Raleigh Real Estate is Full of Great Deals
As of December 2008 the Raleigh real estate market has an average of 11 months absorption rate for homes in all price ranges. This means it is the absolute best time to buy because there are so many good homes to choose from. Right now Raleigh homes have very motivated sellers including: REO, short sales, […]
Timing A Raleigh Real Estate Purchase
I have gone to a lot of Christmas parties this season and I keep having people ask me; “when I think they should buy real estate. Should they buy now, wait till spring or wait until 2nd quarter”? My answer is if you have a steady job and can afford a mortgage payment now is […]