Category: Durham
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Hey, Boomers! This One’s for You
Yesterday I attended a Broker Luncheon, deliciously catered, for the launch of a new subdivision near Briar Creek. With me in the photo is my friend Cathy Michelena, who is going to be one of the on-site agents for the Four Seasons at Renaissance, an “Active Adult Community” just over the Durham County line off…
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The Triangle on the Grow
The 2010 census data shows that the Triangle Area experienced amazing growth during that decade just past. Raleigh added 127,000 new residents, a 46% increase, and several of the small towns of Wake County doubled in size. Even during these three recession years, our area has continued to grow, albeit more slowly. Population growth fuels…
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Looking Ahead to Fewer Buyers
The percentage of Americans who own their own home is down to 66% from the recent historic high of 70%, and falling. Several factors will combine to make it fall farther in the years ahead: 1) Risk-averse banks are imposing tighter credit requirements and asking for higher down payments, keeping many people out of…
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Market News
I was quoted in the News and Observer this week, saying that this market is “brutal for sellers,” which it is. In the same article, Loan Officer Todd Barbour said that buyers won’t buy just because of low housing prices and mortgage interest rates — it takes jobs. I said it takes confidence in the…
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Area News
At this month’s Women’s Council of Realtors meeting the guest speaker was Stacey Anfindsen. Stacey is a local appraiser who has found a niche crunching MLS and CSS numbers, publishing his summaries as an online newsletter calledThe T.A.R.R. (Triangle Area Residential Real Estate) Report. At the WCR meeting, he told the roomful of Realtors that…
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Area News
I recently had the good fortune to attend my first performance at the Durham Performing Arts Center — DPAC for short. The play was great and the facility wonderful, but I was even more impressed by the entertainment complex that Durham has created out of the old American Tobacco factory. Besides DPAC, the pedestrian-friendly mall…
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Area News
The Triangle often ranks high on those lists of Best/Most something places to live; we’ve gotten blase` about being told we’re wonderful. This latest one, though, is pretty cool — The Daily Beast says that we’re the smartest! We beat out Boston (#3) and New York City (#13) and our arch-rival Charlotte could do no…
ADVENTURES IN REAL ESTATE 