Tuesday, November 18, 2008

December Events

HERE IS WHAT’S HAPPENING IN OUR AREA!

Santa's Trolley - December 6th, 13th, 20th - 6:00 PM
Mordecai Historic Park, 1 Mimosa Street, Raleigh, 27604
Join Santa on the Raleigh Trolley as he searches for one of his missing elves. Riders will enjoy a tour of Raleigh beginning at Mordecai Historic Park with Santa as their guide.
For more information call 857-4364.

Christmas In Wake Forest: 1909-2009 – December 6th From 2 to 8 PM
Presented by the Wake Forest Historic Preservation Commission & The Wake Forest Woman’s Club
Historic Downtown Wake Forest
Tickets $12 in advance; $15 day of the tour
As a prelude to Wake Forest’s Centennial Year, you can visit historic homes and other buildings beautifully decorated for the holidays. Only once every two years does this opportunity come along.

Holiday Express – December 10th – 14th at 4:00 PM
Pullen Amusements, 520 Ashe Avenue 27606
Celebrate the Season with this family event. Pullen Park is turned into a Winter Wonderland with holiday lights, a lighted train ride, entertainment, concessions, antique carousel rides, a visit with Santa and more! Contact 831-6468 for more information.

Holiday Dance With Casablanca Orchestra – December 9th at 7:00 PM
Sertoma Arts Center, 1400 W. Millbrook Road, Raleigh 27612
Come dance the night away or just tap your toes to the sounds of the season presented by the Triangle area's finest big band! No registration required. Call 420-2329 for more information.

Mordecai Holidays Lantern Tour – December 13th at 5:00 PM
1 Mimosa Street, Raleigh 27604
On this late night tour of the Mordecai House and grounds, visitors will get a glimpse of what life was like during Christmas in the Civil War. Re-enactments by the Burning Coal Theatre.
For more information contact 857-4364.

Tuesday, November 4, 2008

Today's Triangle Real Estate Market

Why purchase a home now??? Here are a few great reasons:

  • Interest rates remain at a historically low levels.
  • Inventory in our market is at a higher abundance giving consumers exceptional home choices
  • Home sales have slowed, giving buyers the additional advantage of being in a "buyers" market
  • Sales prices today are more favorable to buyers than they were earlier this year
  • Home buyers who will remain in their homes for several years will nearly always come out ahead in building wealth
  • Buy low and sell high... need I say more!

In spite of the evident challenges and high media visibility of some metropolitan real estate markets in the U.S., the Triangle market remains a terrific place to buy a home.

• Sales Activity: We are currently on pace for 20,000 home sales in the triangle in 2008.
• Dabblers Are Leaving the Business: The Realtor market in the Triangle has been crowded for years with agents working part time, poorly trained (if at all), and underfunded to service clients in anything but a red-hot conditions. What remains today are a core group of career-minded professionals
• The Nation Looks At The Triangle: When reading trade reports on national sales trends, most highlight over-appreciated prices in Las Vegas, Miami, and everybody’s-leaving-Cleveland and Detroit. These markets have experienced frightening free-falls in sales and home values. However, many of these reports conclude with a reference to two markets outperforming the national trends: Raleigh-Durham (us) and Charlotte, N.C. Our local market has not experienced a downward free-fall; it has cooled from red-hot status to a warmth that allows long-term, sustainable growth. Such a pattern is very GOOD for the long-term market .
• Good Habits: The Triangle market no longer provides a market in which a yard sign will close the deal. In most cases it takes the services of a strong agent backed by the resources of a healthy company to assist sellers. These services include preparing and staging the property for maximum effect, reviewing financials to minimize surprises, a well-executed marketing plan with a concentration on Internet positioning, and constant evaluation of market conditions to determine the best offer price.