Market Conditions in 27626 : Questions & Answers

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Chip Barker, Real Estate Pro in Raleigh, NC
Chip Barker answered:
Looking for a good recruiter specialized in the financial services industry
I used to work in Finance and one recruiter that friends of mine have used is Nick Palacios http://www.linkedin.com/in/nickpalacios NPalacios@sherpallc.com. You may reach out to him t ... more
0 votes Share Flag Wed Mar 20, 2013 Market Conditions in Raleigh
Michael Colv…, Real Estate Pro in Durham, NC
Michael Colvin answered:
I cannot find shopping, gas,etc from meadowgreen dr. Raleigh. Please help I am needing to relocate soon.
Hello
Raleigh is a big city , all of those things you mentioned are not far. If you would like exact locations of specific ones let me know
0 votes Share Flag Thu Feb 14, 2013 Market Conditions in Raleigh
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
When I previously asked about using the same realtor for selling a home in CT and buying in Raleigh, I meant using the same real estate company. Sorry
Yes, that would be ok. It won't be the same company most likely. It will likely be the same franchise like Remax, C21, Coldwell, etc. No problem with that.
0 votes Share Flag Fri Feb 22, 2013 Market Conditions in Raleigh
Felice, Real Estate Pro in Raleigh, NC
Felice answered:
We're may be moving to the Raleigh area later this year and would need to sell our home in CT. Are there benefits to using the same realtor for both?
Good Morning Dimauroj
Cannot use the same realtor for a home in a different state unless the realtor is licensed in both states. We can certainly refer you to an excellent realtor in C ... more
0 votes Share Flag Mon Feb 4, 2013 Market Conditions in Raleigh
Sheri Moritz, Real Estate Pro in Raleigh, NC
Sheri Moritz answered:
What is the appraisal value for finished basements in the state of Missouri (rural)?
You may want to post that question in a Missouri question board to get better responses. This is posted in Raleigh NC and gets emailed out to agents in that area. If you post in the a ... more
0 votes Share Flag Thu Oct 11, 2012 Market Conditions in 27612
Venita Peyton, Real Estate Pro in Raleigh, NC
Venita Peyton answered:
How is the current rental and/or retail buying market in this area of Raleigh. Is there gentrification and at what pace?
As a 28 year resident, I assure you that none of our communities can be described as having a 'war zone.'. I invite you to drive up and spend a night or two walking through the area you ... more
0 votes Share Flag Wed May 23, 2012 Market Conditions in Central Raleigh
Michael Colv…, Real Estate Pro in Durham, NC
Michael Colvin answered:
If the tax value of the house is 293,000, valued at the height of things in 2008, what is a reasonable offer on this home. It is in fair condition.
There are many factors involved in determining value, sadly tax value is low on the list. You must let a realtor help you with the purchase and construction of an offer to purchase, the ... more
0 votes Share Flag Mon May 6, 2013 Market Conditions in North Hills
Bo Bromhal, Real Estate Pro in Raleigh, NC
Bo Bromhal answered:
Is there a need for reliable and professional Real Estate Maintenance Services in Raleigh, NC that is catered to the needs of local Realtors?
There's always a need in the real estate business for someone who provides exceptional service in all the areas that you mention. I'd wonder how photography and staging fit in ... more
0 votes Share Flag Wed Oct 5, 2011 Market Conditions in 27609
Tina Gueresc…, Real Estate Pro in Raleigh, NC
Tina Guereschi answered:
what could I expect to be able to rent a 2,400 sq ft home in wakefeld plantation on the golf course for?
Hello,

In Wakefield you can expect a range of 1,600-4,000, depending on the square footage, 2,200 sq. ft. or so up to 4,000 sq. ft.

Hope this helps.

Tina
0 votes Share Flag Mon Apr 16, 2012 Market Conditions in North Raleigh
Brenda Feria, Real Estate Pro in 23233
Brenda Feria answered:
How important is the rental market to the sales market?
Obviously, the more people that you have in the rental market, the less you have in the housing market. As long as rentals are lower than or at what you could purchase a home for, the ... more
0 votes Share Flag Mon Apr 16, 2012 Market Conditions in Raleigh
Jim Laudate, Real Estate Pro in Cary, NC
Jim Laudate answered:
In general how much less are off listing price are bank owned homes going for in north raleigh, there are a lot of empty homes in north raleigh. I
Vickie, it really depends on the lender and how the home is priced to begin with. Homes here tend to be priced about the market value, taking into account the short sale, foreclosure dr ... more
0 votes Share Flag Wed Apr 18, 2012 Market Conditions in North Raleigh
Mike Jaquish, Real Estate Pro in 27513
Mike Jaquish answered:
We made a written offer on a Drees Home and didn't get it. We offered the asking price and another offer was accepted at the same price. Do?
They wouldn't care much about the lender for someone who was putting down 90% cash.
Drees would be looking at the price against comps, and their net from the sale itself.

I ... more
0 votes Share Flag Thu Apr 7, 2011 Market Conditions in Raleigh
Michael Colv…, Real Estate Pro in Durham, NC
Michael Colvin answered:
Is there any difference in value for a lower level (split level, above grade) or a regular basement?
Hi James
A lot of it depends on location, as a rule split levels are not as popular here as in other parts of the country.
I would be happy to assess your homes value.
Michael
0 votes Share Flag Fri Dec 18, 2009 Market Conditions in Raleigh
Mike Jaquish, Real Estate Pro in 27513
Mike Jaquish answered:
Question about renting market
Amy,

The tax credit only applies to primary home that you will live in. It is not intended for rental properties.

You can find a tenant. The challenge is to be able to charge en ... more
0 votes Share Flag Wed Dec 9, 2009 Market Conditions in 27616
Mike Jaquish, Real Estate Pro in 27513
Mike Jaquish answered:
What is the area like around 421 Brookside, Chapel Hill, NC? Is this a good area for schools?
Chapel Hill/Carrboro schools are highly sought by home buyers and are a huge driver of the home prices you see in Chapel Hill.

http://www.mikejaquish.idxco.com/idx/4328/details.php?i ... more
0 votes Share Flag Sat Nov 14, 2009 Market Conditions in 27615
Tim Burrell, Real Estate Pro in Raleigh, NC
Tim Burrell answered:
Has the rental market in Raleigh decreased significantly over the past year or has it been stable?
It depends on which part of the market. My rental in Cary is never vacant, new tenants as soon as the old ones move out. The management company I work with says they rent good locatio ... more
0 votes Share Flag Sun Jul 25, 2010 Market Conditions in Raleigh
Miki Davis, Real Estate Pro in Raleigh, NC
Miki Davis answered:
How is the market in the Triangle of NC? I am planning to relocate.
Karen,

We are starting to see some energy in our marketplace, but it is still not what is traditional for us. I have a wonderful report that overviews our market for the last 10 yea ... more
0 votes Share Flag Wed Jan 6, 2010 Market Conditions in Raleigh
Michael Colv…, Real Estate Pro in Durham, NC
Michael Colvin answered:
What is the best area in the Triangle to buy for mid-term appreciation. (3-7 years) What areas in the
Hi Joe
That is a very hard question, however there are area's in Raleigh,Durham, Chapel Hill and Hillsborough, that have actually not lost any value thus far. Hope Valley is the best s ... more
0 votes Share Flag Wed Feb 25, 2009 Market Conditions in Raleigh
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
ARE HOME PRICES IN THE AREA GOING TO FALL?
Tripp,

Your question is a popular one.......

Many people are asking the same question but the reality is the "short sale " and "foreclosure" markets are and will continue to creat ... more
0 votes Share Flag Wed Jan 6, 2010 Market Conditions in Raleigh
Wendy Norman, Real Estate Pro in Raleigh, NC
Wendy Norman answered:
If you are seeking real estate market information for the Raleigh, NC area, where are you looking?
I get a lot of info about appreciation rates from the TARR Report, a subscription-based site created by Stacey Anfindsen of Birch Appraisal Group in Cary. You can pull up the Top 20 su ... more
0 votes Share Flag Thu Sep 25, 2008 Market Conditions in Raleigh, NC
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