Spring is just on the horizon, and as the weather heats up, so will the housing market in Durham and Chapel Hill. While the number of new listings is expected to climb in the coming months, so will buyer demand, as people plan their moves for the end of the school year. Given that contract to close ... » Learn More about 2019 Spring Market Update – Durham/Chapel Hill
Do buyers care about school districts even if they do not have school-aged children living in their homes? How important is it for buyers to live close to where they work? Is the old real estate saying "location, location, location" still accurate? You bet! NAR’s 2018 third quarter Housing ... » Learn More about What Location Factors are Top Considerations for Buyers?
Buyers try to put 20% down on their mortgage so they can avoid PMI - Private Mortgage Insurance. Sometimes it is hard to do because as interest rates start to rise, buyers are eager to buy now rather than wait to save more money. Rents are increasing so that slows down amount some buyers can save ... » Learn More about What to do When You have Just Under 20% Down Payment for Your Mortgage
Spring and summer see a flurry of activity in the housing market. Winter is traditionally a slower time, but the “slower” usually refers to the number of total houses on the market, not to the length of time a seller waits for a buyer. Winter is a wonderful time to sell your home. Why? Fewer ... » Learn More about How to Sell Your House Quickly in the Winter Time
Because of the increasing housing demands in the Triangle Area, many families are realizing that their price range won’t afford them as big of a house as they were hoping. At first, they begrudgingly see the smaller homes, but at some point between their housing search and moving into the home ... » Learn More about Bigger is Not Always Better: Benefits of a Smaller Home