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In My Neighborhood in Cary : Real Estate Advice

  • All248
  • Local Info24
  • Home Buying118
  • Home Selling10
  • Market Conditions8

Activity 8
Mon Aug 4, 2014
Tracy Santrock answered:
Thu Feb 14, 2013
JANET SHER answered:
Cary is a bedroom community of Raleigh, with Raleigh being the capitol of NC. I have sold many homes to parents of children who live in the area.

There is an active senior community in Cary which my own mother had been very active. You would love the area. They go on trips together and have many activities for seniors to participate. I would love to discuss this with you.

If you would like, you may call me at (919) 782-2417 Home Office or (919) 599-7486 Mobile. I am a licensed realtor with Raleigh Cary Realty. You can send me email to: janetsher@gmail.com if you prefer.

I look forward to your contacting me. Thank You and best wishes in your move!

Janet Sher
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Wed Jan 9, 2013
Melissa Papadopoulos answered:
There are a number of homes in the Cary area which would likely meet your needs. More information would be needed from you in order to narrow it down- most importantly price and square footage requirements, then of course neighborhod amenities, style of home, etc. If you still have an interest to look and purchase, and are not yet working with a Realtor, I would be happy to help. Feel free to contact me at MelissaP@hpw.com.
Thanks!
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Thu Aug 16, 2012
Matt Peedin answered:
As you know, supply and demand is key. The good thing about living in Cary is that there is real demand for this area. Not as much demand as there was 5-10 years ago, but there is still real demand. Can your home sell? Absolutely. Notably, the homes that show poorly do not sell unless there is a reflection in price. Years ago, anything would sell!

So, if you want to sell, I believe you can. But your home must be in Move In Ready condition with upgrades on par or better with the homes in your price point.

Feel free to call me with any questions!

Matt Peedin
Keller Williams Realty
919-210-8388
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Tue May 22, 2012
Michael Colvin answered:
Yes there are many close by, if I can be of any help please let me know.
http://www.ourcarpentervillage.com/new/marketplace.shtml
Michael
0 votes 2 answers Share Flag
Fri Aug 5, 2011
Julie Storts asked:
Wed Feb 16, 2011
Sharon Kowitz answered:
Morning Caprice,
Where do your work? Are you comfortable drive a bit to your work? To get away from planes, trains and automobiles you will need to be located in Cary closer to Cary Town Mall off Walnut or the other end of Walnut there are a couple of new apartment complex's. Good luck. ... more
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Wed Feb 24, 2010
David Williams answered:
Martha -

You have asked 2 very different questions.

#1 - bid to buy ratio in Cary - looking at the past 6 months of Cary home sales in the 275k - 300k range, the data shows the average is 97% of list price - meaning the final sales price was on average 3% less than what the seller was asking.

#2 What should your offer be? totally different question because now instead of averages you are looking at a specific property - keep in mind that a seller can ask anything they want for a property - it may be priced above, at or below market value

When arriving at an offering strategy there are many variables, how long has the property been on the market, are you competing with other offers, how quickly can you close, what type of loan / down-payment etc

If your question is "What is a fair price for the property?" factors such as what have similar homes recently sold for, how many homes in the same price range are currently for sale versus how many are selling each month - this allows you to determine how many months of supply there is - think supply/demand.

Whenever I work with a buyer client preparing an offer I act as if they already own the property and have asked me to tell them what a fair price would be - I totally disregard what the sellers are asking and start from scratch - going through the same process of determining fair market value for a seller - then I share that information with them compared to what the seller is asking - this is the first step in preparing an offer/negotiation strategy.

Sounds like there's a lot involved to such a simple question right? That's the advantage of having a buyers agent! A good buyers agent can guide you through this process and work at representing your best interests - providing you the necessary information to make an informed/educated decision.

You can find more Cary Market Data on my CaryRealEstate.com website link below.
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