Durham Real Estate Blog

An Inside Look Into What Features Loft Buyers Want Most

Durham Lofts For Sale

It’s hard to argue against lofts for sale around the Triangle area being some of the more unique properties you’ll find listed on the market. Along with being housed inside some of the region’s coolest old warehouses, the undeniable charm and character of all the original industrial features makes calling a loft home a great way to experience urban living in its truest form.

Like any type of housing, however, every individual loft has different features and finishes that appeal to all sorts of different home buyers. And with every home...

Durham County Market Update: January 2017

Durham County Real Estate

In case you missed it, it's been a fast start for the Triangle area housing market in the early part of 2017, and there seems to be no signs of a slowdown anytime soon. But more specifically, the Durham County real estate market also had a strong month in January, posting increases in new listings, closed sales, and total dollar volume, in addition to substantial improvement in the total days on market category as well. 

Compared to January of 2016, Durham County saw a 7.8%...

A Brief Look at Triangle Region Market Conditions Heading Into the Spring Market

Triangle Area Real Estate Market

With the busy spring market right around the corner, I thought now might be a good time to provide potential home buyers a quick update on what’s happening with the Triangle Region real estate market. 

According to recently released data, January saw gains in new listings, closed sales, and the median sales price, which should lead to healthy market conditions heading into what’s traditionally one of the busier times of the year for the local housing market. 

Compared to January of 2016, the number of new listings to hit the market jumped 9% from 2,977 last year to 3,244 in the first month of 2017. In addition,...

New Home Inventory & New Home Sales Both On The Rise in January

New Homes For Sale in Durham

After a pretty sharp decline in new home sales back in December, new data is now showing new homes sales are back on the rise in early 2017. According to figures from the Commerce Department, new construction homes sales jumped 3.7% back in January, and 5.5% compared to January of 2016. 

Sales of existing homes are also reportedly on the rise in the early beginnings of the new year, which some are attributing to a growing job market, rising wages, and increased consumer confidence since the recent presidential election. Some home buyers are also likely accelerating the purchase of a new home, hoping to buy before mortgage rates continue to increase throughout the year, which is widely expected to occur. 

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Charlotte-Based Crescent Homes Gets Approval to Build 200 Homes in Apex

Apex New Homes

A proposed neighborhood that’s being developed in Apex has been sized down from 220 homes to just 200 homes, allowing for new residences to sit on a larger home sites and for the community to have somewhat of a lower density overall.  

According to reports, the smallest lots in Crescent Homes’ new subdivision will measure 6,000 square feet, while lots throughout the entire community will average 7,500 square feet. Originally, minimal lot sizes in the community totaled just 5,000 square feet. 

As part of the re-zoning approval, Crescent Homes will also have to connect the subdivision’s interior roads to an already-existing neighborhood that sits adjacent to the development site, allowing...

Cost of Living Index: The Most Expensive Places to Live in The Triangle Region

Cost of Living in Durham

Most of North Carolina is known for being relatively affordable, at least compared to some of the country’s largest markets along the coastline like New York or just about any major city in California. And according to The Council for Community and Economic Research (CCER), North Carolina doesn’t have a single city in the Top 50 most expensive metros in the U.S., which is great news for local home buyers or anyone who is considering a move over to our neck of the woods here in The Triangle region. 

Data from the recently released Cost of Living Index, which analyzed 264 metros across the country, considers a variety of factors when determining affordability, which includes everything...

Triangle Area Named 7th Best Place to Live in the U.S.

Triangle Area Named Top Place To Live

Many of us who already call the Triangle area home know how lucky we are to live in such a desirable part of the country. Combing a beautiful natural setting with plenty of places to work and a rapidly growing housing market, opportunities are plentiful all over the Raleigh-Durham-Chapel Hill metro area. 

But as job growth continues to rise and more people are starting to recognize The Triangle area as a destination market, we’re also starting to gain more attention nationally as well. 

In the most recent U.S. News and World Report’s ranking of the 100 Best Places to Live, the ...

Ideas That Help First-Time Buyers Save For a Down Payment

It goes without saying that one of the biggest hurdles facing today’s home buyers is trying to save enough money for a down payment. There’s no doubt that buying your first home can be a fun experience, but at the same time, putting together enough funds to secure a home loan can often be a daunting task, especially if you’re looking to hit that recommend 20% down payment figure. 

So if you’re finally ready to make that long-awaited transition from renting to owning, here are a few creative ways that might help you reach your down payment goals.

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Where to Start Your Triangle Area Loft Search

Raleigh Durham Lofts

While lofts aren't extraordinarily common in the Triangle region, any buyer who’s specifically looking for a unique urban-style residence that features a little more character and style than just your typical condo should still have a few options to consider, as long as you’re open to choosing from one of the few true loft conversions you’ll find in the region. 

As you might expect, most lofts for sale in the Triangle area offer all the classic interior finishes like flexible floor plans, high ceilings, and plenty of exposed timber and brick work throughout. And if you’re truly on the hunt for an authentic residential loft with all the bells and whistles, here’s what...

Tips For Getting The Best Deal Possible When Buying a Durham Home

GETTING THE BEST DEAL WHEN BUYING A DURHAM HOME

Are you hoping to buy a new home or condo in Durham sometime in 2017? If so, the time to start planning far beyond just what type of home you want or what particular neighborhood you'd like to be in is NOW. 

Believe it or not, home buyers often have at least some control when it comes to getting the best deal possible, but only if you follow these simple rules: 

  • Monitor and assess your finances

Before even beginning to look at ...

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