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How Agents Can Work Smarter, Not Harder

How Agents Can Work Smarter, Not Harder

Motivated real estate agents strive for sustained success. Though we all work hard, not all of us are working smart. Here are three tips to help you become more efficient as an agent: Associate with a broker. Choose one who can inspire you and is also a known...

Triangle Area Market Update

Triangle Area Market Update

Real estate numbers tend to lag behind a bit, so the statistics we’re looking at today come from January. However, they can still give us a good look at where our market lies. Comparing January 2019’s numbers to last year’s, the market has definitely improved. Home...

How to Find Investment Properties Within the MLS

How to Find Investment Properties Within the MLS

Many investors think that the way to find the best investment properties is by using off-market sources (foreclosures, probate properties, etc.). The statistics, though, say something different. Nationally, 83% of all investment properties are found in the MLS. On a...

The Ins and Outs of NC’s Due Diligence Period

The Ins and Outs of NC’s Due Diligence Period

The North Carolina Offer to Purchase and Contract is also often called a due diligence contract. We have a due diligence period, and within this time frame, a buyer can terminate a contract for any reason. It doesn’t have to be because of a bad inspection, loan, or...

Important Information Regarding Durham Tax Revaluation in 2019

Important Information Regarding Durham Tax Revaluation in 2019

North Carolina Law requires that all counties revalue properties for tax purposes, at most, every eight years. Traditionally in our market, counties have done this either on a four-year cycle or an eight-year cycle. With Durham revaluing properties in 2019, it’s on a...

Do Buyers or Sellers Hold the Edge in Our Market?

Do Buyers or Sellers Hold the Edge in Our Market?

Our real estate market improved greatly from September to October and turned into a strong seller’s market as we entered the final quarter of 2018. Here’s how the month-over-month numbers played out: Showings increased 13% from 2,581 to 2,920 Listings increased 16%...

Durham 2019 Property Tax Revaluation

Durham 2019 Property Tax Revaluation

Durham is conducting a property tax revaluation in 2019.  In North Carolina, all homes must be appraised for tax purposes at least every 8 years.  Historically, counties throughout the Triangle have reassessed property values either every 4 years or 8 years.  Durham...

Nearly Half of U.S. Renters Are Burdened by Housing Costs

Nearly Half of U.S. Renters Are Burdened by Housing Costs

Over the past ten years, the American economy has been on a rapid rise, yet more and more people are struggling to afford rent. According to the new report published by Apartment List, almost half of American renter households can be classified as cost-burdened,...

Trend of Low Inventories

Trend of Low Inventories

When you are saying that the Cary North Carolina market has a low inventory it depends on what you are comparing it too.  Are you comparing it to the number of homes on the market last year at the same time?  Are you comparing it to homes in a price range? Or even...

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