Triangle NC Home sales UP 5 Percent in October!

As we head into a typically slower time of year for home sales, this is reflected in the decrease in pending sales.  Sellers -  buyers are out there and looking, so don't hesitate to get your home on the market now rather than wait.  Less competition is pushing up prices and homes are selling in fewer than 2 months! 

Although Triangle inventory levels are at historic lows, the most acute shortages are for homes priced under $300,000 in the most desirable neighborhoods in places such as Apex, Cary, Holly Springs, North Raleigh and inside the Beltline.  If this is your home -- I have many qualified buyers for you!

Want to know what's happening in your neighborhood?  As a Strategic Pricing Specialist, I can break this info down further to give you your home's value - contact me today!



Elizabeth Scott, Realtor®, Broker

Diamond Award – High Sales Volume
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC      
Phone: 919.306.9699

Email 

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Read more here: http://www.newsobserver.com/news/business/real-estate-news/article44107659.html#storylink=cpy

Your Chance to Speak Out on Proposed 540 Routes!

The NC Department of Transportation wants to complete the final loop of Route 540, also called the Triangle Expressway and they want to hear from you!

The Federal Highway Administration has signed off on an environmental impact statement for the project and now it’s your turn to weigh in on the proposed routes for the highway.  

Three public meetings and one formal hearing will take place next month.  The first public meeting will be at Barwell Road Elementary School in Raleigh on December 7.  The next day, December 8, NCDOT officials will meet with the public at Holly Springs High School in Holly Springs.  On December 9, NCDOT will hold a public meeting and formal hearing at Wake Tech Community College in the Student Services Building.

This last section of 540 will extend from the NC 55 Bypass in Apex to the US 64/US 264 Bypass in Knightdale.  One of the proposed routes, the “Red Route” has drawn a great deal of public opposition because it would take the highway through a heavily developed portion of Garner, including several subdivisions.  The route is included in the environmental impact study as one of the possible alternatives.  State and local officials have said it will not be included in the final plan.

In 2011, state lawmakers sought to ban NCDOT from studying the Red Route, but the FHA said North Carolina would have to forgo federal funding for the project if it wasn’t included.  The General Assembly was ultimately forced to repeal the law banning the Red Route in 2013.  

Mark your calendar to attend one (or all) of these meetings so you can see how these routes may affect your neighborhood and express your opinion.

Source: Triangle Business Journal

I've got all the information on our local real estate market - contact me today!

Buying a Home can be SCARY!

Until you know the facts...

Don't let fear get in the way of your goals! Get all the facts on how much home you can actually afford in Apex, Cary, Raleigh or anywhere in the Triangle NC in simple & easy-to-understand terms and get out from those ever-increasing rental rates!
Call me today!



Elizabeth Scott, Realtor®, Broker

BE SAVVY...CALL THE SMART REALTOR!

Diamond Award – High Sales Volume
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC      
Phone: 919.306.9699

http://www.thesmartrealestateagent.com/contact/
Email:  Elizabeth@TheSmartRealEstateAgent.com

Search for Homes Now

Great Info on our Local Real Estate Market

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Third Quarter 2015 Housing Market Update for the Triangle NC

This has been a great year for both sellers and buyers here in the Triangle NC!  Home prices are rising allowing more sellers to sell, and historic low mortgage rates are allowing more buyers to buy.


Here are home sales and prices for Apex, Cary, Raleigh, Holly Springs, and all around the Triangle NC for the third quarter, 2015:





WHILE THERE HAS BEEN LOTS OF ACTIVITY & DEVELOPMENT IN APEX AND OTHER NEIGHBORING TOWNS, INVENTORY OF NEW HOMES REMAINS DOWN

AVAILABILITY OF ALREADY CONSTRUCTED HOMES IS ALSO DOWN FROM A YEAR AGO

PENDING SALES - HOMES THAT ARE UNDER CONTRACT - ARE UP 8% THIS QUARTER

CLOSED SALES - HOMES THAT SOLD - ARE UP 10% OVER LAST YEAR

AVERAGE SOLD HOME PRICE IS UP 4% OVER LAST YEAR TO NEARLY $270,000

DAYS ON MARKET:  42!!  The lowest every recorded by our Multiple Listing Service.

Here's the takeaway:  If you have been thinking of selling, this is a great time for you to make the move!  Qualified buyers are still looking and the summer frenzy has slowed a bit, giving your home the spotlight.  I work very thoughtfully with my sellers:  all my listings sell in just days

Contact me today for more detailed info on what's going on in your neighborhood - I will give you all the facts about your home's value, and how to achieve your home goals!  If you're looking to buy - I have some great homes that are selling fast, so don't wait!



Elizabeth Scott, Realtor®, Broker

BE SAVVY...CALL THE SMART REALTOR!

Diamond Award – High Sales Volume
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC      
Phone: 919.306.9699

Email:  

Search for Homes Now

Our Local Real Estate Market

My LinkedIn Profile

Source:  Triangle Multiple Listing Service