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New-Home Sales Up 18.65% in May

Photo of Home under constructionThe numbers for May have just been released by the National Association of Home Builders (NAHB).  It’s good news, the seasonally adjusted annualized rate rose to 504,000 in May.  That’s a 18.6% increase year on year and the highest rate since May 2008.  There are more signs that buyers are getting off the fence and recognizing that now is a great time to buy a home.  Home Affordability is expected to decrease as prices and interest rates rise faster than salaries.  The original numbers from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau can be viewed here: Home Sales for May 2014.

See some of the New Homes for Sale in the Triangle here.

OPEN HOUSE – Sunday 5/4 from 1:00-4:00 Great Durham Home

 

4319 Armitage Drive, Durham, NC

Get Directions Click Here
Description Features Photos Maps & Local Schools Virtual Tour
$ 165,000
4 BEDROOMS
3 BATHROOMS (2 full, 1 half)
2050 Square Feet
Open flowing light filled home. Both Master Bed and Guest are oversized. Two Further Bedrooms. Large Living Room wired for speakers. Separate Dining Room. Secluded Deck. 15 Minute to Duke. 15 Minutes to RTP. 15 Minutes to Brier Creek. Large lot. Laminate floors throughout Living, Dining, Breakfast, hallway. Tile in Kitchen. Washer, Dryer + 2 Refrigerators convey. Just move in!
     
 
 

House Prices on the Rise – Time to Buy

It seems that the Housing Market Downturn is certainly over.  See this article from CNN Money which talks about the Case Schiller index which is widely regarded as the gold standard for tracking nationwide home pricing.  If you have been thinking about buying, there may never be a better time to afford a home than now.

http://money.cnn.com/2013/07/30/news/economy/home-prices/index.html

We are here to help, so give us a call and we will work with you to get financing and find a great home.  Call now.

5 Bed Home on Raleigh / Cary Border – Less than a year old

We’ve just taken this great listing.  It’s less than a year old and immaculate.  The Sellers loss can be your gain as it is priced to sell.  Four Bedrooms on the second floor and another on the first with a full bath.  Follow this link for more details 5 Bedroom / 3 Bath home in Cary / Raleigh.  The home is actually in the Town of Cary, but has a Raleigh postal address of 3017 Red Grape Drive, Raleigh, NC 27607

Call now for your private showing.

3017 Red Grape Drive, Cary, Raleigh, NC 27607

New Homes For Sale in Massey Preserve, Raleigh

Home For Sale in Massey Preserve, Raleigh

New Homes For Sale in Massey Preserve, Raleigh.  Today I visited Massey Preserve in East Raleigh.  It was the first time I had been to this Beazer Community and I was pleasantly surprised, even impressed.  These Energy Star homes are well built and great value.  The Model home is well worth a visit.

Home For Sale in Massey Preserve, Raleigh

Home For Sale in Massey Preserve, Raleigh

 

 

 

 

 

 

 

Massey Preserve can be found on Forestville Road between Buffalo Road to the South and Mitchell Mill Road to the North.  Getting to 540 is just a few minutes and  it would be an easy commute to Downtown Raleigh or Research Triangle Park.  Base pricing from these homes range from $159,990 for a 1,447 sq. ft.  3 Bed, 2 Bath Ranch to $229,990 for a 3,022 sq. ft. Two-Story with 4 Beds, 2.5 Bath with a study and loft (Could be set-up as a 6 Bed home).  This model starts at only $74 a sq. ft. for a delightful home.  They will even pay your closing costs if your pre-qualify with their lender.

At this time, there are five Quick Move-In homes.  If you would like more details of these homes, or you would like us to accompany you to view please call.  Should you wish to visit on your own, please ask for Lorraine and be sure to tell her we recommended you take a look.

To see full details of the Quick Move-In homes and a couple of available resales, just follow this link:

Homes for Sale in Massey Preserve, Raleigh

What’s a Famous Owner worth to a home?

Bubba Watson Home for Sale

Bubba Watson's Home for Sale

What is having a famous owner worth on the price of a Property?  Here is Bubba Watson’s NC home that is on the market.  While we don’t know what work has been done on the home , we do know that he paid $1,100,000 in September 2009 and it is now listed at $1,450,000.

Would you pay more for a home that had a famous owner?

New Build in Weycroft Reserve – Part 1

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This afternoon, we took a trip out to view a luxury home that is being built for one of our clients in Weycroft Reserve in West Cary.  Framing has just been completed so we thought it would be a good time to view progress.  The home is being built by Jeff Logsdon of Heathstone Luxury Homes the local representative of the Arthur Rutenberg Homes.

Construction is proceeding well and is in fact ahead of schedule.  Here are a few more photos:

We will be making regular visits to review progress on this great home.  If this kind of property interests you, the builder currently has a similar model for sale at 701 Stoney Knoll Drive.  He’s also got a wonderful Show Home we’d like to show you.  

We’d be delighted to introduce you to the builder and work for you as your Buyers Agent to negotiate for this home or to build from scratch.

Under Contract – 1203 Coleridge Ct, Franklinton NC 27525

Another One Under Contract

We are seeking Backup Offers – Full Details

This Month in Real Estate (April 2012)

OPEN HOUSE – Luxury Carriage Home in Brier Creek 3/25/2012

11506 Helmond Way, Raleigh NC

11506 Helmond Way, Raleigh NC

Luxury Home in Brier Creek Raleigh. Open 25th March 2012 from 2:00-4:00. Come and take a look.

View Details of Luxury Home in Brier Creek

This Month in Real Estate (March 2012)

This Month in Real Estate (February 2012)