Interest rates remain low

After two years of uncertainty in the local real estate market, we are seeing a little bit of optimism. Where selling prices of homes had fallen to near or below tax values, we are now seeing some stabilization. The best part, interest rates are remaining low for the moment, making homes very affordable. If you are in a home now, that does not quite suit, and want something different, this might be the time to act.

Just Sold!

1203 Benoit Place

This 3BR/2.5BA 2-story traditional home in Pearson Farms subdivision, listed for $300,000, sold for $287,000, after 77 days on the market.

Just Sold!

1401 Hillcroft Court

This 3BR/2.5BA transitional home in Pearson Farms subdivision, listed for $283,750, sold for $281,500, after 9 days on the market.

Family Fun

Don't miss the Apex Peak Fest next Saturday, May 5th, in downtown Apex, It starts at 9:00 am and has loads of family fun.

Relocating

Moves are right up at the top of the list of stress-producing situations. It is not uncommon to feel a little overwhelmed by the process of relocating. You must sell your old home, pack up, leaving behind many friends and memories, and then get settled in the new area.

Professional real estate agents understand both the difficulties and the rewards of making a major move. By listening carefully to what you want and need, your agent will get a feeling for the style of home, neighborhood location and amenities you are seeking. He or she can also point you in the right direction for information about schools, shopping, public transportation, and groups of people who share your interests. If you are considering a move, call a professional real estate agent for information about the area you would like to live in. Discuss the type of house you are looking for and your price range so that the agent can acquaint you with the available homes that will meet your criteria when you are ready to begin looking.

For help in selling your present home and finding a qualified agent in your new area call Anne today at 919-303-3588.

Renting Your Home

Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord.

Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property.

Reviving the Listing

In every town there are homes that sell rather quickly, while others linger on the market. Real estate professionals suggest numerous approaches to maximizing a home's curb appeal -- everything from fresh paint to new landscaping. But if the "For Sale" sign in front of your house has become a neighborhood fixture, it is important to work with your real estate agent to keep your listing fresh.

Whenever your house is shown, the real estate agent will get feedback from the buyers or other agents about what they liked about your house and what did not work for them. Allow your agent to be completely frank with you about any feedback he or she receives. Listen with an open mind and with the understanding that there is nothing personal about these comments. Don't delay in implementing any of the ideas that make sense to you.

Your real estate agent's job is to come up with new ideas for marketing your home in order to get buyers inside. Your job is to ensure that your house looks its best.