Category: Real estate
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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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Market News
A recent headline in the News and Observer reads “Picky buyers, touchy sellers slow home sales.” The article describes buyers as “on a quest for perfection at the perfect price,” while “sellers feel humiliated and even angry.” Not all buyers are picky and not all sellers are touchy, but it’s true that many of them…
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Personal News
My GPS has made me stupider. Admittedly, I’ve always been directionally challenged, which made my early years as a Realtor very stressful. In the course of showing property, I am always going places I’ve never gone before. I used to plan showings using an atlas dotted with sticky note shreds. A tedious way to plot…
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Area News
I showed a foreclosure home this morning. You never know what you’re going to get, with a foreclosure. Some of them are fine, just like any other resale home. However, some of them are disasters. This one isn’t in terrible condition and the price is certainly good, but I couldn’t recommend that my clients consider…
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Area News
A seller called me today. I showed his house maybe five or six months ago. “It’s getting down to crunch time,” he said. “I just want to tell you that we will consider any offer.” As I recall, his home was priced around $400,000. My clients would have bought it, if they had been in…
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Area News
For the next few months, year-over-year statistics will show dramatic improvement. This is misleading, because a year ago our economy came almost to a standstill. During Fourth Quarter 2008 and First Quarter 2009, the stock market was falling hundreds a points a day, every day, until it reached the low point of half its 14,000…
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Greetings!
I am going to be posting in three categories: Area News, Garden News, Personal News. All my posts will be tagged with one of those categories, so you can use the tags to filter for the posts that interest you. Area News posts will include information about the local real estate market — local to…
ADVENTURES IN REAL ESTATE 