If you’re considering a move and have been paying attention to market conditions, mortgage rates, and what many Realtors are saying, you’ve probably heard the phrase “changing market.” While there’s no doubt market conditions have changed due to higher interest rates, economic conditions, and various other factors, 2023 still looks to be a good time to buy, if you’re truly ready.
Homes Are Still Appreciating
It’s true! Believe it or not, home prices are still on the rise all throughout the Triangle Area, just not at the pace we were seeing over the last 12-18 months. And that’s a GREAT thing for...
If you need a mortgage for a new home, you’re probably looking for a lender. While it’s good to shop around, there are several benefits when it comes to choosing a local lender.
A local lender will have some familiarity with the local area. Estimated closing costs can vary between states and jurisdictions, so you’ll likely get a more accurate estimate from a local lender familiar with your area. This local knowledge also means you could get additional help in navigating federal and state programs specific to the area.
Along with an adequate amount of living space and certain home features that fit individual needs, wants, and design preferences, home buyers often consider certain locations that are walkable, convenient, and close to local amenities and attractions. And given Raleigh is both North Carolina’s second largest city and also the state capital, it’s definitely not short on neighborhoods that are safe, highly desirable, and close to plenty of shopping, dining, and entertainment.
To demonstrate, here are just a few to consider….
As Raleigh’s very first designated historic district, Historic Oakwood presents...
Homes are selling fast right now, and in most places, inventory remains low. So, how do you buy a home in a hot market? Here are a few tips to get you in the home you want, when there are fewer options up for sale.
Understand your budget
The first thing you need to do is to have a good understanding of your budget. You don’t want to get stuck with a home you can’t afford. If you’re ready to buy, take a good look at your budget. A good rule of thumb is to not have your monthly mortgage...
Moving can be stressful, especially if you’re trying to buy a new home, while selling an existing home at the same time. The good news, of course, is that it’s not only possible, but you can make the process a bit easier by following a few key steps.
✓ CONSIDER WHETHER THE TIMING IS RIGHT
You may want a new home, but is the time right to make a move? Typically, late spring and summer are popular times for...
Looking to buy new construction in Chapel Hill? Start your search in these highly desirable new construction communities currently being developed.
One of the most exciting new construction communities in Chapel Hill is Burgundy Lane at Lake Hogan Farms. Designed for the exclusivity of just 17 custom-built homes, Burgundy Lane residences are priced starting in the $800,000s.
The homesites back up to a wooded area, plus they’re also close to the exclusive recreational opportunities of Chapel Hill Tennis Club, Finley Golf Course, plus area parks, walking and biking trails.
The Legacy at Jordan Lake
It may be Chapel Hill’s most affordable new construction neighborhood, but Briar Chapel certainly doesn’t sacrifice when it comes to desirable home designs and exciting amenities.
A Briar Chapel lifestyle affords the advantage of a number of shared amenities.
This includes a resort-style swimming pool with water slides, a lap pool and a splash pad. You’ll also find a clubhouse with a fitness center and a full-time activities director on staff.
Despite all of this, some of the most budget-friendly homes in Briar Chapel are affordably priced starting in the $300,000s....
If you're looking for a new construction townhouse somewhere in the Triangle, now's a pretty good time to be in the market. Along with more inventory coming online ahead of the busy fall market, a number of new construction townhouse communities are currently in the works around0 the region, providing buyers with a number of desirable options that shouldn't be ignored.
Townes at North Salem
A great place to start is with Townes at North Salem. This community of three-story townhomes sits in...
If you’re considering a move to Raleigh, you’re sure to fall in love with The Carson condos. One of the newest additions to the Five Points neighborhood, The Carson sits within walking distance of a number of restaurants, retailers and breweries in the area.
Located inside the Beltline, it’s just minutes to Downtown Raleigh and from some of the area’s best museums, parks and entertainment offerings. The condos are also close to grocery stores, galleries and coffee shops.
Another huge draw of...
Mid century modern homes tend to be specifically sought-after by home buyers who love the look and feel of this classic and timeless architectural style. Defined by flat roofs, sharp angles, and a minimalist aesthetic, mid century modern homes are pretty easy to spot despite not being quite as common in the Triangle as many other places scattered throughout the country.
Even still, active home buyers looking for an authentic mid century modern home should still have some success finding something that fits their needs and wants in a new place to live in the Triangle, as long as you know where to look.
So to help get your search started off in the right...