Well we have put the 2000’s behind us and we’ve entered a new decade…. what a decade it’s been. We’ve seen two stock market crashes, two recessions, a real estate boom and a real estate bust. Luckily, for those of us who live in Raleigh and the… Read Full Article
It was a big month last month for home sales nationally. Existing home sales (which are single family homes not including new construction) rose 10% from the previous month. Home sales were up 23% from one year ago. The pace of home sales last month… Read Full Article
The Senate voted 85-2 in favor of extending the tax credit for first time homebuyers. The overwhelming support probably indicates that the president will likely sign the extension very soon, giving hope to all of those first time homebuyers who… Read Full Article
Real estate has been all over the news for the past two years. First it was the real estate bubble in 2006 and early 2007, then the word “subprime” became almost a household term (and it definitely became a household term for Realtors and mortgage… Read Full Article
The Raleigh real estate market has been steadily picking up as home sales have increased for five consecutive months and housing inventory (number of homes on the market) has finally plateaued. The stimulus for the $8000 tax credit has really been… Read Full Article
Thanks to a large marketing effort by the National Association of Realtors, most everyone is aware that if you are a first time home buyer (or have not owned in the last three years), there is an $8000 pay day waiting for you in the form of a tax… Read Full Article
More good news last week in the real estate world: Home sales increased for a sixth consecutive month. While foreclosures are still everywhere and the economy is still sputtering, the national real estate market is finally showing signs of life…. Read Full Article
What? $11,000,000 for a piece of Cary real estate? Another planned development in Cary? I thought this was supposed to be the worst market since the depression…. Well, that may or may not be true, but Cary continues to attract investment from… Read Full Article