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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...

Real Estate Experts Teams Up With Habitat for Humanity

Real Estate Experts Teams Up With Habitat for Humanity

Welcome back to our blog page here at Real Estate Experts! Helping people in our community is what we’re passionate about and whether that means guiding young couples through the purchase of their first home, aiding retirees in buying their dream home, or staying...

Chatham Park

Chatham Park

After 13 years of land acquisition and planning, Preston Development is about to unleash Pittsboro’s “800-pound gorilla” known as Chatham Park. Preston Development is known locally for their high-end residential communities of Preston and the Prestonwood Country Club,...

2017 Third Quarter Real Estate Market Update

2017 Third Quarter Real Estate Market Update

Real Estate Market Update -- The National Association of Realtors Chief Economist Lawrence Yun says that “the national housing market is nearly stalled due to a lack of supply.”  This theme resonates in our Triangle real estate market, although we are experiencing...

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