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.
National Association of Realtors (NAR) reports that home prices are slowly on the rise as of October 2012.
Real Estate (Photo credit: wvhomes)
It feels wonderful to be back blogging again. I’ve been on hiatus from a very busy year, in which I’m simply thankful for, and I haven’t had the time to post.
It has been a very prosperous year for my clients. My sellers have been able to have their home values preserved, buyers have been enjoying low rates and lots of inventory, and I’ve been active in quite a few bidding wars and multiple offers.
It’s great to report that business has been good, homes have been selling, and buyers have been buying. For this and so many other things, I am truly grateful.
Even with the approach of the holiday season, the real estate market in Raleigh, NC and surrounding areas remain promising and steady. Home values are increasing, rates are still at an all-time low, inventory is shrinking, and the cost to rent is climbing.
Yep! I’ve decided that my hiatus is over. Even though things have picked up for me tremendously, I need to get back to sharing my experiences as a professional real estate agent, licensed in the state of NC who works deep in trenches, with all who will listen. Please feel free to visit my website!
This image was taken from the KCM Blog. I believe it speaks for itself.
Image via Wikipedia
This is a repost from The Raleigh Mortgage Guy. Please see another related blog from him at the bottom of this post.
USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS
From the National Office in Washington DC
June 15, 2011
GUARANTEED LOAN FUNDING UPDATE: SUMMER SIZZLES!
GUARANTEED LOAN VOLUME UP! PLENTY OF FUNDING AVAILABLE!
The Single Family Housing Guaranteed Loan Program (SFHGLP) has $24 billion dollars of funding available for lenders, but it will expire on September 30, 2011!
SUMMER TIME IS HOME-BUYING TIME! When temperatures rise, homebuyers arrive! Summer is a perfect time to buy a new home! Guaranteed loans offer eligible rural homebuyers tremendous benefits including, no down-payment required, flexible credit and qualifying ratios, and fixed thirty year interest rates.
SHOP WITH CONFIDENCE! Congress has ensured ample guaranteed loan funding will be available throughout FY 2011!
As of June 15, 2011:
TOTAL $ OBLIGATED: $9.96 BILLION
TOTAL # LOANS: 78,075
OVER $14 BILLION REMAINS TO
SERVE RURAL HOMEBUYERS!
Thanks for reading. Interested? More information? Contact me today!