Happy New Year!

Just when we thought real estate in the Triangle could not surprise us anymore! 2023 brings us a much slower-paced market with months of inventory just beginning to look slightly balanced. Our buyers slowed way down; I believe partly because they were priced right out of the market with the rising interest rates as well as out of an abundance of caution.  Rents are high, but house payments are even higher.  I believe buyers at every life stage took a step back and are cautiously analyzing what is important to them in their household. Despite that, the Triangle is continuing to experience record growth which will continue to bring the buyers to our area. We will continue to see a shortage of re-sale homes as those re-sale owners that have refinanced are choosing not to go anywhere.

See our Year-End 2022 Market update here –

4th Q 2022

Front Porch Realty has exciting news; we are getting ready to offer Property Management services for residential and multi-family units. Watch for our public announcement coming soon and let us know if we can help you, or anyone you know, with their property management needs. We have invested in a streamlined program/app that is going to make it super easy for the renter and landlord! Be sure to follow along to stay in the know of all of our happenings!

If you would Like to receive our quarterly local Market Update regularly in your mailbox, or inbox, LET US KNOW!

 

-Laura Moody Evans

Broker-in-Charge/Owner

1688 Maizefield Lane, Fuquay-Varina, NC, 27526

Located in Fuquay-Varina in the welcoming neighborhood of Ballentine, this beautiful 1.5 story house is ready for someone to make it their new home! Less than 2 miles from Downtown Fuquay where you will find unique shops and eateries, you could not ask for a better location.

This classic home features an open floor plan, perfect for all stages of life. Enjoy a gas log fireplace in the living room during the chilly months. The large downstairs master suite features a walk-in closet and a garden tub. The 2nd bedroom is on the first floor as well.

Upstairs you will find a spacious bonus / loft area that can be used for work or play. The 3rd bedroom is upstairs and has a walk-in closet plus a full bathroom for family/guests convenience. Before you head back downstairs, don’t forget to check out the unfinished attic with over 400 sq. feet for storage or to finish up when you wish!

HOA fees include community pool and playground. Ballentine has sidewalks and lighting throughout the neighborhood for safety, Elementary School is within walking distance.

To get in contact with a Local Fuquay-Varina Real Estate Expert and learn more about this home, click here!

Call us at 919.577.0175

Email us at fprealtync@gmail.com

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It should be no surprise that our inventory is beginning to grow again, especially in the upper price ranges. Click here to view a snapshot of our local housing market. I have expanded our Fuquay-Varina, Harnett County sales price bands so we can get a better idea of what is happening in that area by price. Now that the supply of homes is increasing, our MLS “Coming Soon” status has virtually gone away, MLS changed reporting for Coming Soon homes to begin DOM count just like Active. New construction inventory has increased as the builders are “catching up” and finishing homes, there are lots of big incentives out there to entice a Buyer to purchase. We as a local office are still seeing plenty of buyers, however they are not “ready to buy” buyers, they are being extremely cautious, and patient, while they watch the interest rates and price drops.

FRONT PORCH REALTY offers the residents of Fuquay-Varina and Holly Springs a LOCAL professional real estate firm to manage their real estate transactions. We love moving our residents into, and across town, and showing off all our towns have to offer.

We are here to help you, your relatives, co-workers, employees, and neighbors. FRONT PORCH REALTY is hyper-focused on our local market, if you have not followed us on social media, please do!

Welcome to 3812 Bostwyck Drive, Fuquay-Varina, NC, 27526

This ALL BRICK custom-built home sits in the perfect North Fuquay-Varina location on a beautiful and private 3/4 acre wooded lot.

We asked our homeowner to let us know what made them choose this home and the Southwyck neighborhood so we wanted to share with you what we learned!

“What first attracted you to your home?”

All brick home, hardwood floors on the first floor, the open floor plan, and a beautiful wooded lot that backs up to a creek. Inside features hardwood floors on the first floor. The location is unbeatable! Great schools for our kids to attend and outside of City limits!

Any memories in your home that you would like to share with your buyer?

Sitting in the sunroom or on the screened porch, watching the beautiful sunsets. Enjoyed watching the kids play in the backyard and the creek!

What would you consider your homes best selling feature?

The house is all brick and sits on a wooded lot, even more so the houses do not sit on top of each other in this neighborhood. Great location to easily get to Downtown Fuquay or to Raleigh!

Anything about the location or neighborhood of your home you would like to share?

Once 540 is finished, the home will be very close to access the outer loop! Being on the North side of town is easy access to Raleigh and RTP!

Contact FRONT PORCH REALTY for your private showing TODAY!

Filed under: About the Transaction | Miscellaneous | Uncategorized