What You Need to Know Before Renovating Your Home

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Renovating your home can be an exciting process, but it's important that you don't get ahead of yourself. You can't just go willy-nilly into a major project and expect it to go perfectly. Planning properly for these types of projects can assure a smooth project, and one that may even cost less!

We recommend making a very detailed timeline of your project, including potential things that could go awry and making backup plans in order to prevent these things from happening. Putting your plan onto paper is a good way to start this process.

Another major step is choosing a good team of contractors that you can communicate with. If they don't know what you want done, they can't do it. 

Just remember, there is no such thing as too much planning! If you plan on renovating your home, please contact us. We know great contractors and could also give you advice on what projects will bring you the highest return on your investment. 

We look forward to hearing from you!

Is the Triangle Real Estate Market in Good Shape?

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Hey everyone, welcome back to my blog. Today I am going to discuss the current market conditions for the Triangle Real Estate Market. Many people think that our market is one giant entity. In fact, there are many sub-markets within our major market and depending on the inventory and demand, the ranges vary greatly. 

For example, if you're looking for a house that's less than $400,000, you are looking in a seller's market. For homes in the $400,000- $700,000 price range, we are in a more balanced market. As for homes in the $700,000+ range, we are in a buyer's market. 

One thing that is really driving our market right now is our current inventory, which is down by about 10% from this time last year. However, we have noticed a recent spike in sellers putting their homes on the market. 

Another driver is interest rates, which have been historically low now for quite some time. They are expected to rise within the year, so now is a great time to purchase a home in order to lock in that low interest rate. 

If you have any other questions for us, feel free to give us a call or send us a quick email. We look forward to speaking with you!