We Specialize In These Triangle Area Communities

Angier - Benson - Clayton - Four Oaks - Fuquay Varina - Garner - Pine Level
Princeton - Raleigh - Selma - Smithfield - Wendell - Willow Spring
Cary - Holly Springs - Apex

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Great Information for First-Time Buyers in Raleigh

We’ve seen a lot more first-time buyers jumping into the Raleigh market lately. That’s great news, because we pride ourselves in how we work with first-time buyers and all buyers, for that matter. We’ve got a few tips to share to help you or someone you know who is buying for the first time to make the whole process a little easier.

First, you need to check your credit. It’s not all about your credit score, but what your debt-to-income ratio is and how you use credit. When you get with a lender to check this, they’ll also be able to tell you what your buying power is. That’s an important tool.

Secondly, you should figure out what you want in a home. This is especially important if you are buying a home with a spouse. We have a great questionnaire that we give to all our first-time buyers that allows them to sit down and ask the important questions about what they want in a home. It’s good to have this conversation before you start the process.

We can handle everything for you.

The next thing to do is to find an experienced agent or broker. We’ve got a passion for helping first-time buyers and the experience to back it up. We can handle everything for you from the time you start looking for homes until the day you close on the perfect one.

One thing that first-time buyers fail to think about is the huge opportunity for an investment that buying a home provides. We sold homes to first-time buyers a few years ago who are coming back now and selling with $15,000 in profit. That’s a huge return in just a few years!

If you have any questions for us, don’t hesitate to give us a call or send us an email. We look forward to hearing from you!

Low Inventory Means It’s a Seller’s Market in Raleigh

The Raleigh real estate market has been booming this year! You might have heard inventory is low right now, and I have the data to prove it! What should we expect moving into the summertime market?

In Wake County, new construction listings are 11% down compared to this time last year. In Johnston County, it’s 15% down.

The big squeeze, I’d say, is on resale listings. We are 31% down in Johnson County and 21% in Wake County. We need new listings to sell! I think many people are worried about their equity position and they might not be sure how much they’ll profit in a potential transaction. Honestly, our clients are seeing incredible gains this year.

That’s mostly due to the monthly supply of inventory. Again, it’s extremely low right now. Currently, in Johnston County, there are only three months worth of available inventory. In Wake County, there are only two months worth! That means our local housing market greatly favors sellers.

We need new listings to sell!

It’s also worthwhile to pay attention to price points. For instance, if your Raleigh home is worth less than $300,000, there is less than three months of supply in that area. In the Garner area, it’s down to two months. In Johnston County, if your home is worth less than $200,000, we absolutely need your home right now! There are only two months worth of inventory there as well.

Additionally, congratulations to Flowers Plantation! So far, they’ve had the largest amount of sales within a specific community in the first quarter. It speaks volumes of what they’re doing in Clayton. We’re proud to represent two different communities out there, including Chatham and South Corner.

Don’t miss out on this incredible opportunity to sell for top dollar! We need more listings. Take advantage of market conditions right now.

As always, if you’re thinking about buying or selling a home in the surrounding area, I’m available by phone or email. I’d be happy to answer any questions you have about real estate!

Buyers Are Desperate for Inventory in These Price Points

We need your home to sell! I’m sure you’ve been hearing a lot in the media about low inventory, and we said as much in our last blog post. But now, we are desperate. If you have a home that’s worth anywhere in the range of $175,000 and under, you are in a great position to cash in on your equity.

Also, if you’re in the Wake or Johnston County areas and have a home anywhere in the $275,000 to $375,000 range, give us a call. We have a ton of buyers looking in that price range who are looking to move up. We simply don’t have enough inventory for them at the moment.

There are a ton of
opportunities to take advantage
of in this market.

If you’ve been thinking about selling but are stressed about the process, we can make things very easy for you. We can market your property as one of our “coming soon listings,” which will allow buyers to know about your home while giving you time to find the new home you’re looking for before we list it. By the time we list your home, it will go under contract within days and it will sell for top dollar with the help of our staging experts. There are a ton of opportunities to take advantage of in this market if you’re a seller.

If you have any questions for us or if you’re just thinking about selling, we’d love to talk to you. Just give us a call or send us an email. We look forward to hearing from you!