HPW Open Houses | Memorial Day Weekend

The unofficial start of summer, Memorial Day weekend is the perfect time to unwind at the pool, on the golf course, and behind the grill. It’s also a great time to head out on the hunt for a new house.

Want a townhome in a convenient Triangle community? Would you prefer a home with a two-car garage in Raleigh? Is Apex your favorite RTP suburb? Our top real estate agents have you covered.

Our Coldwell Banker Howard Perry and Walston listing agents will be hosting open houses at all of the homes featured below as well as numerous others spotlighted on our HPW open house website. Make a list of the properties you like and then fit in visits in between all of the sun and fun this weekend will hold.

By the time you head back to work on Tuesday, you could be under contract for your new home!

Featured Open Houses

1104 Colehurst Crescent, Apex, NC 27502
$360,000
Sq Ft: 2,431 | Beds: 4 | Baths: 2 (full) 1 (1/2)
Open House: Saturday, May 27 from 1 to 3 p.m.


4574 W. Millstone Drive, Burlington, NC 27215
$429,900
Sq Ft: 3,371 | Beds: 4 | Baths: 3 (full)
Open House: Saturday, May 27 from 2 to 4 p.m.


3116 Curling Creek Drive, Apex, NC 27502
$705,000
Sq Ft: 3,703 | Beds: 5 | Baths: 4 (full) 1 (1/2)
Open Houses: Saturday, May 27 from noon to 4 p.m. and
Sunday, May 28 from 1 to 4 p.m.


2390 Goudy Drive, Raleigh, NC 27615
$540,000
Sq Ft: 2,775 | Beds: 4 | Baths: 4 (full) 1 (1/2)
Open Houses: Saturday, May 27 from noon to 5 p.m. and
Sunday, May 28 from noon to 5 p.m.


5402 Beardall Street, Raleigh, NC 27616
$320,000
Sq Ft: 2,564 | Beds: 4 | Baths: 3 (full) 1 (1/2)
Open Houses: Saturday, May 27 from 1 to 4 p.m. and
Sunday, May 28 from 1 to 4 p.m.


2801 Ode Turner Road, Hillsborough, NC 27278
$294,900
Sq Ft: 1,816 | Beds: 3 | Baths: 2 (full) 1 (1/2)
Open House: Sunday, May 28 from 2 to 4 p.m.


941 Sedgefield Park Lane, Cary, NC 27519
$724,900
Sq Ft: 3,863 | Beds: 5 | Baths: 4 (full) 1 (1/2)
Open House: Sunday, May 28 from 2 to 4 p.m.


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Freedom Balloon Fest | May 26 – 29

Freedom Balloon Fest at Fuquay

Hot air balloons will fill the Southwest Wake sky this Memorial Day weekend as the annual Freedom Balloon Fest kicks off Friday in Fuquay-Varina. Festival-goers will also enjoy live entertainment, musical performances, fair food and more.

Produced by nonprofit Project UpLift USA, the Freedom Balloon Fest helps to raise money to support the organization’s services to military families and children with mobility challenges.

Best times for the balloons
Arrive early in the morning to watch the pilots take to the clouds for competitions that begin at 6:15 a.m. or show up in time to see them head back up at 6:30 p.m. for an evening adventure.

At dusk each day, around 8:30 p.m., the festival’s “Balloon Glow” will impress as pilots light up their balloons on the main field for all to enjoy.

Fun for foodies
The Freedom Balloon Fest has secured a solid food truck lineup featuring Baguetteaboutit, Cousins Maine Lobster, Buddhalicious and Kona Ice as well as numerous fair food vendors for you to frequent.

Memorial Day activities
At 11 a.m. on Memorial Day, Monday, May 29th, the festival will host its Closing Ceremony and De-Commissioning of Field of Flags. At 11:30 a.m. the Field of Flags Honor Caravan will depart with the flags on course to area military cemeteries to decorate veterans’ gravesites.

Freedom Balloon Fest event details:

When:
Friday, May 26 through Memorial Day, Monday, May 29
Where:
Fleming Loop Park
301 Fleming Loop Road, Fuquay-Varina, NC 27526
Schedule:
Access a schedule of daily festival events here.
Parking:
Parking information and additional festival details can be found here.

 

Explore Fuquay-Varina

Set aside some time to explore Fuquay-Varina while you’re in town.

Committed to offering a “dash more,” the town is the perfect pairing of small-town charm and Triangle commuter convenience that is drawing in families from all over the state at a rapid pace.

There are two developing downtown districts with locally owned boutiques and restaurants worth a visit (or two!). You’ll also be impressed with the local community and the impressive new housing developments underway just beyond Main Street.

If your brief tour does the trick and you find yourself endeared to the town and its residents, you can contact our Coldwell Banker Howard Perry and Walston Fuquay-Varina real estate office to gather further details about turning your visit into a permanent stay.

Freedom Balloon Fest in Fuquay Varina

Would-be Buyers with Student Debt

59% of non-owners are not comfortable taking on a mortgage with their student debt according to the Aspiring Home Buyers 2017 survey. It is estimated that the college graduates have an average of $37,172 in student debt.16522219-250.jpg

Fannie Mae, who has loan programs with as little as three to five percent down payments, has announced changes to how student loan debt is treated that could make the difference in qualifying for a mortgage.

For the 5 million borrowers who participate in the reduced payment plans, actual payments are considered for calculating debt-to-income ratio rather than maximum payment amount.

Non-mortgage debts paid by another party for at least 12 months won’t be included in calculating debt-to-income ratio. For example, payments being made on a student loan by the parents would not be counted against the DTI ratio for the student.

These changes can make it possible for would-be buyers with student debt to get a home now instead of waiting for years. Being pre-approved by a trusted mortgage professional is the best way to confirm that these changes apply to your situation. Call today for a recommendation of a trusted mortgage professional.

Triangle Home Prices Rose in April

Top Triangle Real Estate Agents

The spring real estate market got off to an early start in January with accelerated growth leading to a 14.4 percent year-over-year increase in closed sales in March that left many wondering what April would hold. The answer? A new listings plateau that pushed average home sales prices up 8 percent compared to the year prior.

“Predictably, the momentum we felt at the start of the year has begun to wane as potential sellers are weary of the diminishing housing supply,” said Coldwell Banker Howard Perry and Walston President and COO David Jones. “With only two and half months worth of inventory available, would-be sellers are holding tight and trying to decide how to proceed. Now is the time that homeowners should lean on expert real estate agents to help guide their next steps and steer them towards a successful home buying process.”

The Triangle Business Journal reported on the Triangle Multiple Listing Service April market update referencing the 16-county region’s overall home sales stalemate of only a 0.9 percent increase in April, while highlighting unprecedented market growth in Johnston County.

In Johnston County, where home sales were still up in April, 44 percent of its active residential listings are new construction, says Laurie Howell, past president of the Johnston County Association of Realtors….

“Our county is able, because of available affordable land, to fill in the inventory gap better than the other counties,” she says. “I would also say the inventory is still affordable in Johnston County … and many new home buyers are wanting bigger lots, still an option in Johnston County, especially in neighborhoods with septic.”

The real estate market results posted for the current month will be of great interest as May is often considered the start of the summer selling season. As the end of the school year draws closer and families are more comfortable proceeding with plans to make changes and move, new listings should hit the market giving buyers more to consider in the coming months.

Do you know what your home is worth?

Buyer demand has certainly boosted home prices throughout the Triangle area over the past few months perhaps giving on-the-fence homeowners the bump they need to make their next move.

“The Triangle is widely recognized throughout the nation as a great place to live thanks to our flourishing business climate, growing cultural scene and low cost of living. People want to call this area home and will pay a premium to buy the house they want helping to grow home values,” said Jones.

Do you keep asking yourself, “What is my home worth?”? A free home estimate is only a few clicks away on our website, or even better, let us send a real estate agent out to see your house and give you a more exact idea of the market range for your home.

What's My Home Worth?

Expert Real Estate Insight

Even if you only have the slightest idea that a home sale may be in your future, you should engage with a local market real estate agent to discuss your plans.

An agent’s job is to sell houses and help their clients find new homes; they have the key insight you seek to determine what you can ask for your home, how it should be marketed and when and where you should start the hunt for your next house.

“Our real estate agents are in and out of houses each and every day. They pay close attention to their local communities and the neighborhoods that make them up. You can be assured they know how to make sound recommendations for how you should price your home to get the most money possible,” said Glenn Weeks, HPW Real Estate School instructor and real estate agent.

Interested in speaking with a trusted realtor? We have 15 sales offices and a talented team of 900+ real estate agents from as far west as Alamance County to Wayne County in the east.

Read the complete Triangle Business Journal article entitled, “Short-term hiccup or new trend? A look at Triangle home sales in April,” here.

HPW Open Houses | May 20 – 21

With a real estate market as hot as this week’s 90-degree weather, you need to be on the house hunting ball, buyers. It’s time to take the home buying process seriously.

So, how do you buy in a seller’s market?

  1. Start with a real estate agent. Our Coldwell Banker Howard Perry and Walston team has great knowledge of the local cities and towns and are prepared to help you find the home you seek based on the specifications you share.
  1. Get your financial affairs in order. Do yourself a favor and get pre-approved before you start looking. A pre-approval will let you know what you can afford and give a seller added confidence in your offer.
  1. Act fast. Don’t delay in getting out to an area open house or home showing. With limited inventory, you probably won’t have time to wait and see as ideal homes quickly go under contract. Fortunately for you, our listing agents have scheduled open houses at some terrific homes this weekend. Check out the properties we’ve spotlighted below and then peruse our HPW open house website to see more.

 

Featured Triangle Open Houses

101 Silo Drive, Chapel Hill, NC 27514
$700,000
Sq Ft: 6,356 | Beds: 5 | Baths: 2 (full)
Open House: Saturday, May 20 from 1 to 3 p.m.

101 Silo Drive, Chapel Hill, NC 27514


1836 Old Evergreen Drive, Apex, NC 27502
$754,860
Sq Ft: 3,935 | Beds: 5 | Baths: 4 (full) 1 (1/2)
Open Houses: Saturday, May 20 from noon to 4 p.m. and
Sunday, May 21 from 1 to 4 p.m.

1836 Old Evergreen Drive, Apex, NC 27502


3712 Fews Ford Lane, Durham, NC 27712
$674,900
Sq Ft: 4,633 | Beds: 4 | Baths: 3 (full) 1 (1/2)
Open Houses: Saturday, May 20 from 2 to 4 p.m. and
Sunday, May 21 from 2 to 4 p.m.

3712 Fews Ford Lane, Durham, NC 27712


7424 Ridge Falls Lane, Wake Forest, NC 27587
$650,000
Sq Ft: 3,700 | Beds: 5 | Baths: 4 (full)
Open Houses: Saturday, May 20 from 2 to 5 p.m. and
Sunday, May 21 from 2 to 5 p.m.

7424 Ridge Falls Lane, Wake Forest, NC 27587


707 Birstall Drive, Cary, NC 27519
$375,000
Sq Ft: 2,057 | Beds: 2 | Baths: 2 (full)
Open House: Sunday, May 21 from noon to 2 p.m.

707 Birstall Drive, Cary, NC 27519


9910 Layla Avenue, Raleigh, NC 27617
$189,900
Sq Ft: 1,286 | Beds: 2 | Baths: 2 (full) 1 (1/2)
Open House: Sunday, May 21 from 2 to 4 p.m.

9910 Layla Avenue, Raleigh, NC 27617


5117 Carter Street, Raleigh, NC 27612
$450,000
Sq Ft: 4,098 | Beds: 4 | Baths: 3 (full) 1 (1/2)
Open House: Sunday, May 21 from 2 to 5 p.m.

5117 Carter Street, Raleigh, NC 27612


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Triangle MLS

Got To Be NC Festival | May 19 – 21

Got To Be NC 2017

An exciting weekend lies ahead in Raleigh at the Got To Be NC Festival hosted at the N.C. State Fairgrounds from Friday through Sunday.

A down-home celebration of all things North Carolina, this annual event is free to attend and fun for all. From carnival games, farm animals and equipment to live musical acts, and local food and beverage tastings in the Homegrown Fare gathering in the Expo Center, event-goers young and old will find something to enjoy.

There will also be a Paul Bunyan Lumberjack performance by the World Champion Lumberjacks, a Lineman Rodeo, and fireworks to cap off the event on Friday and Saturday nights.

Got To Be NC Festival 
A production of the North Carolina Department of Agricultural & Consumer Services

Where:
N.C. State Fairgrounds
1025 Blue Ridge Road, Raleigh NC 27607

Dates & Times:
Friday, May 19 from noon to 10 p.m.; fireworks at 9:15 p.m.
Saturday, May 20 from 9 a.m. to 10 p.m.; fireworks at 9:15 p.m.
Sunday, May 21 from 9 a.m. to 8 p.m.

Map & Daily Activity Schedule:

2017 Got to be NC Map
2017 Got to be NC Schedule

 

 

Image Credit: Got To Be NC Festival and the North Carolina Department of Agricultural & Consumer Services

Good Info – Good Decisions

While low inventory is certainly challenging buyers, not having a clear understanding of mortgage financing is also causing issues. By having good information, they are able to make better decisions as well as compete favorably.Mortgage Rate History0517.png

Most buyers don’t realize how the mortgage rate is determined for a borrower. While annual income is important, a good credit score, low debt-to-income ratio, loan-to-value ratio and ability to repay the loan are vital concerns.

A variety of myths seem to permeate the market such as rates are set and released once a day; FHA loans are for first-time buyers only; pre-qualification commits the lender; lender fees are not negotiable and adjustable rate mortgages always go up.

Misunderstanding of actual mortgage practices may be a contributing factor to why more buyers are not taking advantage of what are still historically low mortgage rates.

While getting solid information about mortgages and being pre-approved from a lender are very important, it is only one step in the home buying process. Success in buying a home in today’s market should begin with a real estate professional who will coordinate all the different parts of the transaction including mortgage, title, insurance, inspections.

HPW Happenings | Fuquay-Varina Real Estate Office Ribbon-Cutting

FuquayVarinaRealEstateOfficeRibbonCutting

Our Coldwell Banker Howard Perry and Walston Fuquay-Varina real estate sales office has had a lot to celebrate recently!

Not only did our Founder and Chairman Don Walston and Assistant Office Manager Amy Rogers man a set of large, shiny scissors at the office’s official ribbon-cutting ceremony, but our entire Fuquay-Varina real estate team and guests were invited to take part in the dedication of the historic office building as part of the North Carolina Main Street Program.

“This ribbon-cutting event marks a very exciting time for our Fuquay-Varina real estate office and the agent team it supports,” said Walston. “We are committed to growing our presence in this town to serve even more homebuyers and sellers. We know how to help people win, and we will do just that with Amy at the helm of this sales team.”

Fuquay-Varina Chamber of Commerce members and Town Commissioner Blake Massengill shared in the re-grand opening celebration and historic site dedication showing their support for the real estate sales offices’ expansion plans.

“We’ve got great plans for this Fuquay-Varina office and the immense opportunities available to our team and their clients in this prospering market,” said Rogers. “It was important for us to open our doors and invite the town to learn more about our company and the value our real estate agents bring to the community.”

The Fuquay-Varina Downtown Revitalization Association took advantage of the real estate office’s ribbon-cutting ceremony to present the office-building owners and CBHPW Fuquay-Varina real estate brokers Richard and Bekki Watkins with a commemorative plaque dedicating the office as The William and Myrtle Thomas Home, Circa 1928.

About Fuquay-Varina

The town of Fuquay-Varina is unique with two charming downtown areas, a developing business community and a serene setting that is drawing families in all stages of life to the Triangle suburb.

Known to offer “a dash more,” the town is committed to maintaining a vintage appeal while matching its residents’ want of steady, progressive development.

Fuquay-Varina offers numerous public parks with trails, an outdoor amphitheater, tennis courts and a sizable fun splash pad for children to enjoy. The downtown social scene has also seen a boost thanks to local craft beer breweries that have drawn crowds from all over the state.

Popular neighborhoods and communities include Atkins Village, Brookside, Kenneth Creek, Partin Place, Sonoma Springs, South Lakes, Sunset Bluffs and Tyler Park.

Interested in starting to house hunt in Fuquay-Varina? Give our local real estate agents a call.

FuquayVarinaRealEstateOfficeSignMarker
FuquayVarinaRealEstateOfficeAmyRogers
FuquayVarinaRealEstateOffice
FuquayVarinaRealEstateOfficeDonSpeech

HPW Open Houses | May 13 – 14

Whether you already know what Triangle neighborhood you want to live in—perhaps Stillwater, North Ridge, 12 Oaks, Carlton Pointe, or Colony Woods—or are just starting to figure that out, our local real estate agents can help you find the home you want.

Our Coldwell Banker Howard Perry and Walston real estate team has listed homes in neighborhoods from as far west as Mebane all the way to Goldsboro.

You can trust that they have expert knowledge of their local communities, insight into the hot Triangle real estate market and the drive to provide superior service to you and your family.

After you make your Mother’s Day plans, put together a list of open houses you’d like to visit and hit the road to see them. Homes like those included below will be open for you to tour tomorrow and Sunday. Access a complete list of our real estate agents’ Triangle open houses online.

We see keys in your future!

Featured Triangle Open Houses

7741 Cullingtree Lane, Wake Forest, NC 27587
$625,000
Sq Ft: 3,432 | Beds: 3 | Baths: 3 (full)
Open House: Saturday, May 13 from 9 a.m. to noon

7741 Cullingtree Lane, Wake Forest, NC 27587


3008 Foundry Place, Raleigh, NC 27616
$275,000
Sq Ft: 2,422 | Beds: 4 | Baths: 2 (full) 1 (1/2)
Open House: Saturday, May 13 from noon to 2 p.m.

3008 Foundry Place, Raleigh, NC 27616


3130 Mantle Ridge Drive, Apex, NC 27502
$778,700
Sq Ft: 4,331 | Beds: 5 | Baths: 5 (full) 2 (1/2)
Open House: Saturday, May 13 from noon to 4 p.m.

3130 Mantle Ridge Drive, Apex, NC 27502


85 Consella Way, Franklinton, NC 27525
$259,900
Sq Ft: 2,342 | Beds: 4 | Baths: 2 (full) 1 (1/2)
Open House: Saturday, May 13 from 1 to 3 p.m.

85 Consella Way, Franklinton, NC 27525


402 Weaver Mine Trail, Chapel Hill, NC 27517
$479,000
Sq Ft: 2,120 | Beds: 3 | Baths: 3 (full)
Open House: Saturday, May 13 from 2 to 4 p.m.

402 Weaver Mine Trail, Chapel Hill, NC 27517


409 Spruce Pine Trail, Knightdale, NC 27545
$389,900
Sq Ft: 2,818 | Beds: 3 | Baths: 2 (full) 1 (1/2)
Open Houses: Saturday, May 13 from 1 to 6 p.m. and
Sunday, May 14 from 1 to 6 p.m.

409 Spruce Pine Trail, Knightdale, NC 27545


2111 Hemlock Hill Drive, Durham, NC 27703
$363,900
Sq Ft: 2,922 | Beds: 4 | Baths: 2 (full) 1 (1/2)
Open House: Sunday, May 14 from 2 to 4 p.m.

2111 Hemlock Hill Drive, Durham, NC 27703


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Triangle MLS