HPW Open Houses | Jan. 21 – 22

Rain may be in the forecast this weekend, but you shouldn’t let that wash away your house hunting plans. Put on your galoshes, grab an umbrella and get ready to find your new home.

You are sure to be impressed with the homes our Coldwell Banker Howard Perry and Walston real estate agents have listed. Whether you have your heart set on a certain style or a particular Triangle location, our agents are listing more and more homes that you will want to see.

Look at the open houses we’ve highlighted below and make sure to visit our open house website to get a complete list of the HPW homes available for you to tour.

Surely there is a silver lining behind one of these clouds that will lead to the jingle jangle of new keys.

3124 Hunters Bluff Drive, Raleigh, NC 27606
$469,900
Sq Ft: 3,800 | Beds: 4 | Baths: 3 (full) 1 (1/2)
Open House: Saturday, January 21 from 1 to 3 p.m.

3124 Hunters Bluff Drive, Raleigh, NC 27606


5816 Vasseur Court, Rolesville, NC 27571
$479,900
Sq Ft: 3,087 | Beds: 4 | Baths: 3 (full)
Open House: Saturday, January 21 from 1 to 3 p.m.

5816 Vasseur Court, Rolesville, NC 27571


1506 Anthology Drive, Durham, NC 27703
$457,676
Sq Ft: 2,505 | Beds: 2 | Baths: 2 (full) 1 (1/2)
Open Houses: Saturday, January 21 from 10 a.m. to 5 p.m. and
Sunday, January 22 from 1 to 5 p.m.

1506 Anthology Drive, Durham, NC 27703


723 Kelsey Way, Creedmoor, NC 27522
$433,000
Sq Ft: 2,801 | Beds: 4 | Baths: 3 (full)
Open Houses: Saturday, January 21 from 1:30 to 4:30 p.m. and
Sunday, January 22 from 1:30 to 4:30 p.m.

723 Kelsey Way, Creedmoor, NC 27522


7212 Small Ridge Court, Raleigh, NC 27614
$600,000
Sq Ft: 4,194 | Beds: 4 | Baths: 3 (full) 1 (1/2)
Open Houses: Saturday, January 21 from 2 to 4 p.m. and
Sunday, January 22 from 2 to 4 p.m.

7212 Small Ridge Court, Raleigh, NC 27614


112 Pascalis Place, Holly Springs, NC 27540
$288,900
Sq Ft: 2,197 | Beds: 3 | Baths: 2 (full) 1 (1/2)
Open House: Sunday, January 22 from 1 to 3 p.m.

112 Pascalis Place, Holly Springs, NC 27540


1544 Onyx Creek Drive, Cary, NC 27518
$420,000
Sq Ft: 3,085 | Beds: 5 | Baths: 3 (full)
Open House: Sunday, January 22 from 1 to 4 p.m.

1544 Onyx Creek Drive, Cary, NC 27518


Content/Image Source:

Triangle MLS

HPW Happenings: CEO Kent Hanley Named on Real Estate Power List

Our Coldwell Banker Howard Perry and Walston CEO Kent Hanley was recently recognized on a coveted list of the top residential real estate leaders in the nation.

Kent earned distinction among his peers ranking 188th on the 2017 Swanepoel Power 200 list based on his personal influence, decision-making power, our company’s industry significance and geographic reach, and other important factors.

Compiled by leading industry consulting and strategy firm Swanepoel T3 Group, Swanepoel Power 200 leaders are acknowledged to be among the best in the business. Kent is one of only three residential real estate professionals from North Carolina to be included on the prestigious list and the only industry leader based in our Triangle area.

Cheers to Kent on this exciting accomplishment and a job well done!

2017 Swanepoel Power 200 - Kent Hanley

Good Eats: Triangle Restaurant Week Returns

Triangle Restaurant Week

It’s baaack! That’s right, foodies, the Triangle Restaurant Week will return on Monday with plans to be bigger and better than ever.

Celebrating its 10th year of tasty Triangle treats and dining deals, the weeklong event will run from Monday, Jan. 23 through Sunday, Jan. 29 with more than 95 restaurants on its list. Foodies and brewies will delight in the vast selection of long standing and recently opened establishments participating in the fun including Mateo Tapas, Little Hen, Maximillians Grill & Wine Bar, NOFO, Oak and Dagger Public House, Piedmont and Rue Cler.

Visit the Triangle Restaurant Week website today to see a complete list of participating restaurants and the unique prix fixe dinner menus they will offer for $20-$35 per person. Some restaurants will even serve up delectable lunch specials for guests to enjoy starting at $10.

No matter the restaurant you choose, you should be quite pleased with the plates that await. The Triangle food scene is brimming with talented chefs and restaurateurs, and this is the perfect culinary celebration to introduce you to their tasty work.

Triangle Restaurant Week
Monday, Jan. 23 through Sunday, Jan. 29

Restaurants throughout the Triangle area in Raleigh, Durham, Chapel Hill, Cary, Apex and Morrisville

Get a lunch or dinner reservation today to enjoy:
– Three-course lunch specials ranging from $10 to $15 per person
– Three-course prix fixe dinners ranging from $20 to $35 per person

Attracting Buyers

There is a common body of knowledge among real estate professionals that indicates that the longer a home is on the market, the lower the price will be. Many sellers discount this belief in the beginning because they feel confident their home will sell quickly.incentives - article.png

Lowering the price is the most obvious thing that can be done to encourage buyers but it might be good to look at what builders do. Builders offer a variety of incentives such as upgrades, seller-paid closing costs, interest rate buy downs, washers, dryers, refrigerators or big screen TVs.

Interestingly, much of the resale market doesn’t employ these techniques. According to the latest NAR Home Buyers and Sellers Profile, 64% of sellers did not offer any incentives at all.

21% of sellers offer a home warranty. 16% of sellers offered assistance with closing costs and 6% offered credit toward remodeling or repairs.

The attached chart indicates that while 80% of sellers were not willing to offer incentives in the beginning of their marketing period, as weeks passes and their home hasn’t sold, closer to half did add incentives.

The ideal outcome is to maximize proceeds in the shortest time possible with the fewest unexpected issues. This involves having a firm understanding of current, local market conditions and crafting a marketing plan that will insure results.

There is so much at stake, the value of a trusted real estate professional is essential.

Millennials Choose Cary

Millennials Choose Cary

Millennials like to call Cary home, and with its convenient location, growing downtown, and appealing lifestyle amenities, we are in full agreement.

A large number of under-35 homebuyers and homeowners have sought out their space in the Triangle suburb landing it sixth on SmartAsset’s top 10 list of the places where millennials are buying homes.

The SmartAsset “Where are Millennials Buying Homes?” report ranked the nation’s 200 largest cities based on data compiled by the U.S. Census Bureau. SmartAsset’s analysts reviewed millennial homeownership rates in 2015 and the percentage change of those annual rates between 2006 and 2015 to fill its leaderboard.

Cary’s population supported a millennial homeownership rate of 35.5 percent in 2015, a slight decline from its 35.9 percent rate in 2006, but still high compared to nationwide averages. SmartAsset reported, “Cary, North Carolina recently ranked as one of our best cities of 2016, due to its safety and booming economy. Those two factors may partially explain why millennials are buying homes here.”

A short commute from the nationally recognized Research Triangle Park and in-demand area tech and pharma jobs, and research institutions like Duke and N.C. State, Cary has become a popular haven for young adults and new families. This interest and positive population influx has prompted a strong housing growth rate of 9.1 percent and garnered the town recognition as a thriving “boomtown” and ideal place to live.

Is Cary for you? Let us help you find out. Visit our HPW.com website to learn more about the Western Wake town and all of the available homes there and in the surrounding area.

HPW Open Houses | Jan. 14 – 15

New Year, new home! 2017 has arrived and the market is starting to rev up with new listings added each passing day. Now is the time to kick-start your house-hunting journey to find the house you seek.

Our Coldwell Banker Howard Perry and Walston listing agents will be opening the doors to some beautiful homes this weekend and would love to invite you inside. Take a look at the area open houses we’ve spotlighted below and then visit our open house website to get a complete list of the HPW homes available for you to tour.

Your next home may only be an open house visit away!

3113 Curling Creek Drive, Apex, NC 27502
$829,000
Sq Ft: 5,059 | Beds: 5 | Baths: 5 (full) 2 (1/2)
Open House: Saturday, January 14 from noon to 4 p.m. and
Sunday, January 15 from 1 to 4 p.m.

3113 Curling Creek Drive, Apex, NC 27502


55 Kilkee Lane, Youngsville, NC 27596
$264,000
Sq Ft: 1,990 | Beds: 3 | Baths: 2 (full)
Open House: Saturday, January 14 from 1 to 3 p.m.

55 Kilkee Lane, Youngsville, NC 27596


1301 Heritage Club Avenue, Wake Forest, NC 27587
$359,900
Sq Ft: 2,500 | Beds: 4 | Baths: 3 (full)
Open House: Saturday, January 14 and Sunday, January 15 from 2 to 4 p.m.

1301 Heritage Club Avenue, Wake Forest, NC 27587


6008 Churchill Falls Place, Apex, NC 27539
$600,000
Sq Ft: 4,540 | Beds: 5 | Baths: 4 (full)
Open House: Sunday, January 15 from 1 to 3 p.m.

6008 Churchill Falls Place, Apex, NC 27539


1113 Grande Water Way, Wake Forest, NC 27587
$625,000
Sq Ft: 3,830 | Beds: 5 | Baths: 4 (full) 1 (1/2)
Open House: Sunday, January 15 from 1 to 4 p.m.

1113 Grande Water Way, Wake Forest, NC 27587


265 Heartland Drive, Pittsboro, NC 27312
$683,000
Sq Ft: 5,548 | Beds: 5 | Baths: 6 (full)
Open House: Sunday, January 15 from 2 to 4 p.m.

265 Heartland Drive, Pittsboro, NC 27312


220 Meares Bluff Lane, Holly Springs, NC 27540
$535,000
Sq Ft: 3,250 | Beds: 4 | Baths: 3 (full) 1 (1/2)
Open House: Sunday, January 15 from 2 to 4 p.m.

220 Meares Bluff Lane, Holly Springs, NC 27540


 

Content/Image Source:

Triangle MLS

Rent or Buy – You Pay for the House You Occupy

The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion.Home is Leveraged Investment-300.png

Mortgages, whether held by an owner-occupant or an investor, are usually amortized so that each payment reduces the principal amount owed so that the loan will be repaid totally over the term. A tenant is inadvertently retiring the landlord’s mortgage with his monthly rent.

In most cases, the mortgage payment including taxes and insurance will be lower than the rent tenants are paying. Some experts are saying that we may never again experience the incredibly low mortgage interest rates currently available.

Renting precludes a person from enjoying the advantage a home has as a leveraged investment. When the borrowed funds cost less than the investment is returning, the rate of return on the down payment grows much faster. As you can see from the chart, a 2% appreciation on a home could result in big returns on the down payment. In most cases, there are very few or no alternative investments that offer homeowners similar returns.

Even if a buyer agrees with all of these things but doesn’t have the down payment or cannot qualify for a loan, they still need to investigate further. To find out exactly what types of loans are available and the specific down payment required which can be a whole lot less than 20%, they need to consult with an experienced, trusted loan professional (an Internet lender or a “BIG” bank may not be the best choice.) Call for a recommendation.

Snow Day Home Improvement Projects

SnowDayHomeImprovement-RaidtheFridge

Stuck at home amid the slippery, icy streets? Make the most of the cold day off by powering through some easy-to-execute home improvement projects. A little elbow grease today will get sellers’ home staging efforts underway and jump start spring cleaning for the rest of us.

Wipe down baseboards
When was the last time you took a good look at your baseboards? Chances are they could use a good wipe down (or two). Get out the vacuum cleaner to suck away loose dust and dirt that has collected in the baseboard grooves. Next, bring out a sponge and soapy water to tackle the remaining residue. A few wipes and a clean water rinse should leave your baseboards gleaming once more.

Swap out air filters
Can’t remember the last time you replaced your air filters? Do it today. A clean air filter will help your HVAC system run more efficiently and ensure that dust, pollen, and other contaminants aren’t recirculating back into your home.

Dust light fixtures and fans
Grab an extendable duster, get out the vacuum arm extension, or set up a stepladder; it’s time to take on those dusty ceiling lights and fans. A microfiber cloth or fuzzy duster head will quickly capture and contain the dust and spider webs that have collected in glass grooves, on fan blades, and wiring.

Sanitize switch plates and doorknobs
Rid your rooms of sickies by sanitizing switch plates and doorknobs. Spray Lysol or another effective antibacterial cleaning spray on a dry cloth and start wiping away germs and grime.

Raid the refrigerator
Old salad dressing? Expired ketchup? Mystery meat? In the words of Elsa, let it go! Rid your fridge of outdated condiments and inedible leftovers to gain extra space. Go shelf-by-shelf and drawer-by-drawer to wipe away spills and stuck on gunk. You’ll be amazed at the sparkling space your efforts leave behind.

Reorganize your closet
Get to work on your cluttered closet. Sift through ill-fitting clothes and unwanted shoes to fill a few bags full of items to be donated. Sort shirts and pants into groupings and organize by type—short or long sleeve, dress or everyday—or color, whichever you prefer.

SnowDayHomeImprovement-CleanBaseBoards
SnowDayHomeImprovement-CleanLightFixtures
SnowDayHomeImprovement-SanitizeSwitchPlates

Durham and Raleigh Ranked Among Most Caring Cities in America

Most Caring Cities in America - Durham and Raleigh

Kindness and caring are among some of our Triangle cities’ best qualities according to WalletHub. The personal finance website recently compiled a list of 2016’s Most Caring Cities in America ranking Durham and our capital city of Raleigh among the top 25 most compassionate cities.

Coming in 18th and 22nd place, respectively, Durham and Raleigh scored well across three key dimensions—Caring for the Community, Caring for the Vulnerable, and Caring in the Workforce—reviewed through the 32 indicators WalletHub used to rank the nation’s 100 most populated cities.

According to the report, Durham ranked well among factors relating to Caring in the Workforce which included residents who work in the community, teacher and counselor care for students’ well-being, physicians and nurses per capita, etc. Raleigh also scored well in that division leading the pack in the lowest student-teacher ratio nationally.

Interested to learn more about the prospering Bull City?
Durham offers residents and visitors top-notch medical, research and educational facilities including Duke Medicine and the highly esteemed Duke University. It continually receives sought-after accolades and recognition as a top hub for startup investment and innovation.

The former tobacco town has been revitalized and renewed with leading tech and research companies, restaurants and entertainment venues filling its downtown American Tobacco Historic District. The second largest city in the trio that together make up the Triangle area, Durham has a lot to offer homebuyers of all ages in all stages of life. Read more here.

Is Raleigh for you? Find out more.
Located in Wake County, Raleigh is the second largest city in the state and the anchor of the popular Triangle area. For more than a decade, it has ranked among some of the fastest-growing communities in the nation boasting increased development, a strong economy with career opportunities and a multitude of amenities.

Offering a lively setting with a growing cultural and entertainment scene, Raleigh has become known for its livability and affordable real estate. The city is also only a short drive from the world-renowned Research Triangle Park technology and sciences hub, Durham and the RDU Airport. Read more here.

Source: WalletHub