We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can […]
This gorgeous Cary house includes a recent remodel and has some English cottage architecture with a large open floor plan. At $370,000, this home features a spacious kitchen with an island, custom maple cabinetry, stainless steel appliances, and granite counter-tops. The entire first floor has pine flooring throughout and the original windows have even been […]
This new listing on 12654 Scenic Way in Raleigh (27614) sits on 3.19 private acres in a heavily wooded cul-de-sac. Priced at $400,000, this gorgeous home is a few minutes from shopping and entertainment, while also being 20 minutes away from Research Triangle Park, downtown Raleigh, and RDU International Airport. The backyard is tranquil with […]
Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory would no doubt aid buyers in their search to secure their dream home, while also helping to ease price increases throughout the country. […]
Don’t let this fact fool you: Falconbridge has a Chapel Hill address but sits in Durham County. Instead of a split personality, however, this leafy neighborhood of gently rolling streets is a model of togetherness. Among 453 households, there are 163 townhomes and 290 single-family abodes in a variety of architectural styles. Serene and green, […]
Greystone Manor Townhomes is a quaint neighborhood that makes up one of the 16 neighborhoods of the Greystone Community. The homes range in size from 1,967 to 2,385 sqft. with prices ranging roughly from $250,000 to $380,000. The neighborhood has 42 townhomes with most of them sitting on the lake, which is such a relaxing focal […]
Greenwood Acres is a small, older neighborhood situated just off Walnut Street in Cary, conveniently located between Cary Towne Center, Crossroads shopping centers, 140, and US1. Growing up in Greenwood Acres, my family appreciated the ease of transportation to downtown Raleigh and the proximity to great Cary amenities like the Cary Swim Club, churches, library, multiple grocery stores, restaurants, and services that […]
This beautiful Inman Park listing is located in Raleigh, specifically 1820 Stannard Trail, 27612. It has a North Raleigh “Midtown” location. At 4,023 sqft and priced at $639,000, this listing has 4 large bedrooms, 3 full baths, and 1 half bath. It features upgrades and luxury features, including stainless steel appliances in the large kitchen, […]
According to Jack Guttentag, professor of finance at the Wharton School of the University of Pennsylvania, interest rates increasing is soon approaching. After analyzing what the Federal Reserve has been doing the past few years, Guttentag believes a mortgage price increase is highly likely in the near future. He claims this price increase will cause […]
According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, 69% of mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s market. Nearly 40% of mortgage industry professionals surveyed believe that a lack of knowledge about the […]
