Why It’s a Great Time to Buy or Sell in North Carolina



When it comes to a market update, if you’re in real estate, congratulations. If you’re not, I strongly suggest you reconsider.

Right now in The Triangle area, this is a real estate Mecca! If you’re looking to buy, now is a great time to buy. If you’re looking to sell, now is a great time to sell. According to the MBA data that came out yesterday, mortgage application volume is down 2% month over month, and 16% year after year. The Dow just set a new closing high yesterday, and stocks are poised at all-time high levels once again. The conventional 30-year rate is 3.375%, and the 15-year rate is 2.8%. Government loans are 3.3%.

We can’t keep homes on the market!

This money is readily available for qualified buyers. If you’re looking to sell, inventory levels are as low as they have been in years. We can’t keep homes on the market!

If you’re looking to buy or sell, I’d love the opportunity to work with you and help you in either process. Please don’t hesitate to give me a call or send me an email.

What Are the Benefits to Downsizing?



I’m excited to talk to you about the benefits of downsizing. In the Triangle market, a lot of sellers are considering downsizing to a smaller home - here are three reasons why they are choosing to do so:

1. More money. A smaller home means a smaller mortgage payment, smaller utility payments, and fewer upkeep costs.
2. More time. When you’re spending less time on upkeep on a larger home, that's more time for you to do what you wish.

A larger home means more expenses.

3. Increased efficiency. A larger home means more expenses, whether it’s with utilities, HVAC, or electricity costs. When you downsize into a smaller home, these costs can decrease as well.

As with any move, there are plenty of considerations to take regarding your change of residence. Downsizing is an important decision, so be sure to contact a real estate professional in your area to figure out if it’s the right decision for you. If you’re in the Triangle area, we would love to help you out.

If you have any questions, give us a call or send us an email. We would love to hear from you.