Category Archives: For Sellers

Raleigh Ranch Sold Quickly, Multiple Offers


Sold!  4620 Landover Crest

Sold! 4620 Landover Crest

Raleigh, NC.  4620 Landover Crest Drive sold in 3 days with multiple offers received. This beautiful ranch with unfinished bonus space went under contract very quickly.   I’ve had many successful transactions and other listings to sell quickly, but almost from the moment the sign was put up, the showings and offers came in.

I’ve been a real estate agent since 2008.  During that time the market was heading in a downward spiral and I began to question my choice of profession. Nonetheless, I rode out the rocky market, and I’m glad I did.  Over the past year I can attest to the fact that things have turned around and multiple offers are coming back.  Not only have I received multiple offers with this ranch, but with some of my other listings as well.

However, I must say that multiple offers are coming back with caution.  Not all real estate markets are experiencing the same activity, but from my experience in other local markets,  MOST, if not all markets, are seeing increase in valuation.  My real estate blue print covers the entire Greater Raleigh area, some areas in particular include Wake Forest, Northeast Raleigh, North Raleigh, Southwest Raleigh, Southeast Raleigh, Rolesville, and Zebulon.  I’m only naming a few that I’ve worked within to make my point that each of these areas, though in close proximity to one another, are different.  The main factors that make a listing very appealing to multiple buyers are location, style or type, price point, and amenities.


Lovely Townhome Offers Granite Falls Swim Club Amenities


The charming town of Rolesville, located in Wake County, NC and north of Raleigh off of Hwy 401 (Louisburg Road) is a wonderful place to call home.  Just outside of the city limits of Raleigh, enjoy the small town comforts with many conveniences nearby and a very reasonable commute to Research Triangle Park (RTP) via I-540.

1-Front

304 Morgan Brook Way, Rolesville, NC 27571

 MLS 1910589  |  Offered at $139,999

A part of the great town of Rolesville is Granite Ridge Townhomes,  a newly established neighborhood.  Available for sale within Granite Ridge is 304 Morgan Brook Way, which is very-well maintained, meticulously kept, and has had only one owner.

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Features

  • Located in Granite Ridge Townhomes, a Granite Falls Community
  • Low HOA dues include membership to Granite Falls Swim and Athletic Club
  • Beautiful stone and shake exterior with gutters
  • Approximately 1564 sqft; Live Oak’s Beaufort floor plan
  • Great Kitchen with 42″ maple cabinets and tiled back-splash
  • Gleaming hardwoods in foyer and powder room
  • Open and extensive family room with corner gas log fireplace
  • 3 total bedrooms (all on second floor) and 2.5 baths
  • Master’s retreat with soaking tub and separate stand-in shower
  • Private patio
  • USDA loan eligibility
  • Click here for additional information about this great townhome.

See the virtual tour for 304 Morgan Brook Way.

Directions

Hwy 401 North (Louisburg Road); Left on Rogers Road; Left on Grand Rock Way; Right on Morgan Brook Way; Home is on Right.

Granite Falls Swim and Athletic Club

 


Stunning North Raleigh Townhome, Prime Location


438 Weathergreen Drive, North Raleigh

Offered at $199,900  |  MLS 1925490

Great opportunity to live an amazing lifestyle in a very low-maintenance, established townhome community – Weathersfield Place, located at the intersection of Falls of Neuse Road and Weathergreen Drive, near I540, and Ravenscroft. Updated with coveted amenities, this lovely property is nestled in a beautiful, wooded and serene environment with a community pool and tennis court for its residents.

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Features

Townhome is approximately 2071 sqft., with 3 or 4 bedrooms (finished 3rd floor attic offers versatility and can serve as bonus room, 4th bedroom, teen suite, media room, office, etc.) and 2.5 baths.  Upgrades galore and much detail and care has been added to this charming abode:

  • NEW gleaming cherry hardwoods throughout first floor
  • NEW carpet on second and third floor
  • NEW paint throughout
  • Chef’s dream kitchen:  NEW granite counter-tops, glass-tile back-splash, ALL NEW appliances,  NEW sink & disposal; Additional cabinets with NEW hardware; Built-in Refrigerator Surround with cabinets
  • Finished 3rd floor walk-up ATTIC serves as versatile Bonus Room with lots of storage
  • Huge Master with spacious walk-in-closet, ceiling fan, and custom color
  • All Baths have been updated as well with all or some of the following-  granite, ceramic tile counter-tops, ceramic tile flooring, ceramic and glass tile tub surround and updated hardware
  • New gas logs in Family Room
  • Large and private deck with outside storage

Directions

North on Falls of Neuse Road; Left on Weathergreen Drive; Keep straight through roundabout; Turn Left into 400s section; 2nd Townhome on Left.

Click here for more details on this amazing townhome.


Buyers’ or Sellers’ Market in the Carolinas?


Buy Sell Scale_Can StockWhat exactly is a buyer’s market?  A Buyer’s Market is when we have more homes for sale than buyers.  In this market buyers can leverage the over-supply of homes to their advantage and get very favorable terms such as lower prices, receive closing costs and can take their time with selection.  Buyer’s markets are often identified with a depressed market or declining market and the obvious signs are very few offers in a buyer’s market – best offer is the only offer you received and it’s really low.

So what exactly is seller’s market?  A Seller’s Market is when we have fewer homes for sale than buyers.  In this market sellers can leverage the under-supply of homes to their advantage and get very favorable terms such as higher prices, pay little to no closing costs for the buyers and get quick turnarounds.  Seller’s markets are often identified with a real estate market that is improving and/or getting hot, with multiple offers in a seller’s market – pick the best of many offers received and often they are over the asking price as buyers are competing.

Another way we track whether we are in a buyer’s or seller’s market is our current monthly supply of inventory.  This market statistic demonstrates how many months of supply would be left if no other seller placed his house on the market.  The breakdown would be the following:

1 to 5 months = seller’s market – price is appreciating

5 to 8 months = balanced or normal market – price is stable

8 months and more = buyer’s market – price is depreciating

So how are we doing in North and South Carolina?  Reviewing the last 12 months ending October, 2013 for single-family homes and condo/townhomes for a few areas in NC and SC:

  • Charlotte, NC = 5.5 months with our best month in 2013 of 4.4 months
  • Triad Region, NC (Asheboro, Burlington, Greensboro, High Point, and Winston-Salem) = 9.5 months with our best month in 2013 of 6.3 months
  • Triangle Region, NC (Raleigh area) = 4.8 months with best month in 2013 of 3.8 months
  • Greenville, SC = 6.7 months with our best month in 2013 of 5.6 months
  • Piedmont Regional SC (York, Lancaster County, Lake Wylie) = 6.9 monthswith our best month in 2013 of 5.4 months

As you can see from these numbers across the Carolinas, our trending for the last 12 months demonstrates we are moving out of a buyer’s market and into a healthy/balanced market, which means a great equilibrium for both sides of the transaction.  The monthly supply inventory numbers of 2009 thru 2012 were often double-digit numbers of 10 months and more indicating a strong buyer’s market for many years, with falling prices.  Now with these monthly supply inventory numbers decreasing into single-digit numbers, we are starting to see price appreciation in all of our markets.  A few of our markets are even starting to evolve into a seller’s market!

So what does all of this mean to you?  It means the NC and SC residential real estate market in 2013 showed solid improvement throughout the year and continues to build strength.  If you are thinking of buying a home, low interest rates and good pricing results in high affordability.  If you are thinking of selling your house, the improving market means more activity and better chances of market-value returns for your equity investment.

Reposted from Allen Tate Blog by Tony Jarrett


Always “Room” at Home for Love


(Photo Source: Google Image)

(Photo Source: Google Image)

It’s true –  home is where the heart is. It’s a place where we retire for the evening after a long day of work or school. It’s a place that’s safe, comfortable, and familiar. It also serves the purpose of providing a lifestyle and within its walls you’ll find love and purpose in each room.  One could say that home ownership is a sensible investment as it provides many opportunities to come together as a family.

Welcome Home

The Foyer.  We greet our loved ones at the door with a smile.  Welcome home from your day – from school, work, or that long list of errands.  Come inside, take a load off, hang your jacket here on this stand, and leave the worries of the world behind. Here – all the comforts of home await you and the rest of the world – behind you.

“Let us always meet each other with love, for the smile is the beginning of love.” ~Mother Teresa

Let’s Eat and Be Merry

The Kitchen. Known as the hearth of the home, perhaps the kitchen is most important.  At the kitchen table, we gather our families together for three meals per day.  And it’s during that time, we get to know one another a little better.  We connect as a family by sharing our goals for the day or events that have transpired during our meanderings away from home.  Not only do we share great meals, but we share stories that add to our character.

“A meal is about civilizing children. It’s about teaching them to be a member of their culture.” ~Robin Fox, Anthropologist, Rutgers University

It’s Family Time

The Family Room.  Family movie nights, board games, homework time, and the big football game can bring parents and children together for much-needed quality time.  Most of my family’s time here is spent doing homework and watching movies.  It has good lighting, offers a variety of  books and magazines, and provides comfortable seating.   This room has been blessed with lots of laughter, tears, memories, and good lessons that will follow us far into our futures.

“Youth who communicate, do activities and have close relationships with their parents are less likely to engage in violence.” ~Chris Knoester, Sociology, Ohio State University

Sweet Dreams

The Bedrooms.  It’s the end of the day!  But before the day quickly fades, we read bedtime stories, say nightly prayers, remove the boogie man from the closet, and tuck our children in for the evening.  This time is perhaps the perfect time to reflect on your child’s day and soothe away their fears of tomorrow.

  “Families who tell stories report higher levels of happiness, closeness and adaptability.” ~Jody Kellas, Ph.D, Family Communications, University of Nebraska-Lincoln


Home Ownership Enriches Family


English: An icon from the Crystal icon theme. ...

(Photo credit: Wikipedia)

As a mother of 3 beautiful and talented children, I’m always looking for ways to enrich and foster the lives of my children and to enlighten myself as a parent so I’m always researching and reading. During my reading time I ran across some information about children and home ownership that I wanted to share since I am a mother, real estate agent, and homeowner.

While this information isn’t necessarily my personal opinion, I found it interesting to share so take from it what you will. I believe that whether you rent, own, or live in a box, great parenting and communications skills (and other factors) greatly affect our children’s future as well. However, when you have to decide whether or not which route to take – renting or owning – consider the enrichment of home ownership.

There are so many positive attributes that home ownership has on family, especially children. Not only does a home provide safety, security, and meets our basic need of shelter, but studies (one in particular by Donald Haurin – Retired Research Scientist from Ohio State University) show that home ownership increases the likelihood of children obtaining higher levels of education, improved self-esteem and confidence, and lower teen pregnancy rates.

The living environment of the home played a key factor in this conclusion. The results were measured by a survey given to a group of parents. Homes usually have better quality lighting, more educational materials available (a variety of magazines and books), structured family activities, a well-organized play room, a study, etc. Not only did these improved benefits affect children, but also homeowners have more stability and live in homes longer than rentals or other living arrangements. This stability allows for children to stay in the same schools longer and to build strong community relationships.

BOTTOM LINE

Owning your own home (coupled with other factors) adds value to your family and the future of your children. Choose wisely when thinking about whether buying or renting is the best option. It’s a fact that no one knows your situation better than you. No matter where you live (if you’re unable to own a home), make sure your living environment secures and enriches the child.


Decking the Halls Safely


English: A bauble on a Christmas tree.

(Photo credit: Wikipedia)

With the passing of Thanksgiving, it’s now time for us to focus on Christmastime.  In my home we’re putting up the Christmas tree and decorating, getting into the Christmas spirit.

I always love how our home looks and feels after all the decorations are put up.  However, it’s quite a hassle to bring everything down from the attic, check, untangle and test the lights, sort the bulbs, and plan where to put the tree and other decor.  But to protect my investments (family and home), it’s worth it.

Also, with all the twinkling lights, ladder-climbing, cords, and extensions everywhere, we must always keep safety in mind.   During the holidays thousands of people are treated at hospitals and other emergency facilities for cuts, shock, and falls from hanging lights, and insurance companies report millions of dollars in property loss due to fires involving Christmas trees.

How Can We Reduce the Risk?

Here are a few tips that will reduce and minimize emergencies in our homes.  When purchasing an artificial tree, make sure that it is flame resistant (won’t burn easily) and keep extinguishers nearby just in case.  If you are purchasing a live tree, look for a fresh, green tree that won’t lose many of its needles.  Also, location of the tree is very important.  Keep them away from radiators, fireplaces, and avoid blocking exits.

Lighting, such as Christmas lights and candles, can pose problems as well.  Strung lights that have loose or frayed cords or broken bulbs should be thrown away.  If you’re not at home or going to bed for the night, all lights need to be turned off and candles blown out.  It’s very important to note that all lighters or matches should not be within in reach (or sight) of children.  Not only should we secure our lighting, but our ladders as well.  Use a hefty, sturdy ladder and have a spotter nearby for added safety.

While doing all these things, have a good time with family and make memories to laugh and smile over.  Avoid making memories that leave us with regret.


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