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Tuesday, August 9, 2022

We have officially made it half-way through the year and the market is keeping us on our toes! We are still seeing super low inventory across the board, and I have never seen sales prices so far above list prices. Homes are closing at 110-125% of their asking prices in this resale market! With our recent rate hikes, and more on the way, we are seeing inventory staying around just a little longer and I am sure the buyers are not going to continue to overpay like they have.

 

As of the end of last quarter, we only had 195 total homes on the market in Fuquay-Varina and Holly Springs which is almost identical to the 2nd Q of 2021. As of this writing, we have 343 total homes for sale and approximately half of those are new construction. Click here to view report. Homes are staying on the market longer and new construction neighborhoods are offering more inventory spec home incentives for buyers. It will be interesting to see how quickly the market shifts towards a more balanced market over the coming months. Let’s just hope it stops at balanced and doesn’t leap into an extreme buyer’s market that we have all been through before.

 

With pricing increasing so much, I plan to expand Fuquay-Varina, Harnett County price ranges for next quarter’s report. I believe our housing market is going to continue to be busy with low inventory despite rising rates and inflation. We still have such a surplus of people moving into the entire Triangle area, we cannot house them all! Buyers right now are coming from New England areas, the West Coast, and Florida and of course we always have local renters, empty nesters and growing families.  Please consider Front Porch Realty YOUR LOCAL go to real estate company and follow all of our social media!
Tuesday, August 2, 2022
Gemstone Homes has a special offer going on for 2 of their beautiful, custom new construction homes in PURFOY PLACE!

 

Let us repeat that, Gemstone Homes is giving $10,000 TO USE AS YOU CHOOSE on your home! This could apply to your closing costs, blinds, appliances, fixtures, WHATEVER YOU WANT!

 

PURFOY PLACE is located just outside of Fuquay-Varina, about 7 minutes from the Historic Downtown Fuquay-Varina Area. All lots are just shy of half an acre with curb and gutter, enjoy a sidewalk on the North side of neighborhood, and a Mail Kiosk at the entrance of PURFOY PLACE.

 

Contact your Local Fuquay-Varina Real Estate Experts at Front Porch Realty today to learn more!

For location and more details visit us HERE!


LOT 13
294 LAMBERT LANE
4 Bed / 3 Bath
$550,000

LOT 20
462 LAMBERT LANE
3 Bed / 2½ Bath
$525,000

Thursday, July 28, 2022

Award winning plan, The Onyx IX by Gemstone Homes sits picture perfectly on a pond view lot!

The Onyx boasts 4/5 Bedrooms PLUS 4 Full Baths. Enjoy a soaring open foyer, a Statement Gourmet Kitchen with a stainless steel hood, quartz, 36″cooktop and wall oven/microwave combo. The Master Suite and Guest bedroom are located conveniently on the first floor. The second floors holds 2 Bedrooms, a Bonus room, and a 5th Bedroom or second Bonus Room!
To learn more about Purfoy Place, located in Fuquay-Varina, and our outstanding Custom Builders, contact Front Porch Realty today…time is running out!
Friday, July 15, 2022

Welcome home to 2914 Lake James Drive, Fuquay-Varina, NC, 27526!

Beautiful Ranch home located in sought after Fuquay-Varina in lovely South Lakes Subdivision. Features 3 Bedrooms and 2 Full baths! Kitchen features a butcher block island with built in storage! Fresh paint throughout this gorgeous home! Backyard is very generous in size with a fenced yard! Home sits on the corner cul-de-sac lot!
MOVE-IN READY!
Don’t miss your opportunity to see this gorgeous home for yourself!
Contact Donya Clark today to learn more!
919-819-6564
Wednesday, July 13, 2022

The word about the Active Retirement Community Del Webb is spreading across the Nation, even right here in our own town, Fuquay-Varina, NC! Recently we have had TWO couples contact us at Front Porch Realty interested in our new Del Webb community!

Here are what our Buyers had to say about having a LOCAL Buyers Agent help them find their perfect home –

“When we decided to purchase a home at Del Webb Carolina gardens we knew we needed to find a Local Agent to help us. We live out of state. We had never been to that part of North Carolina.  Factors in our search were finding an established firm with local history and a physical office. We didn’t want an agent who dabbled in real estate. We found Front Porch Realty and phoned Laura. She was knowledgeable, friendly and reassuring. Laura was familiar with Del Webb. She established contact and took time to video chat with us. Laura showed us several lots, even in the rain!  With her help we chose our lot and secured our contract. Laura made a challenging situation easy. We wouldn’t hesitate to recommend Front Porch Realty and Laura.”
– Joanne and John, moving from Florida

“When my wife and I was looking into purchasing a new home at Carolina Garden, we debated whether we should hired a local agent to represent us at first.  After some research, we decided that it’s in our best interest to have a local agent to represent us.  The reason is simple, even with the advance of video calls and conferencing, having someone that can be on site for you locally to check on things or ask questions is IMHO, priceless.

The reason we picked Front Porch to represent us is as follow.  First, they are local to the town of Fuquay-Varina, and know the area well.  After some research and email correspondent, we finally had a chance to meet Ms. Laura Moody in person.  Our first impression of Ms. Moody is she is kind, warm and knowledgeable, and both my wife and I knew we picked the right person to represent us.

Now, why it is important to have a local agent to represent you at Del Webb?  Sure, you can do it without a buyer’s agent.  But, Del Webb is paying for it, so essentially it’s a free service to you.  What is important is this, you have someone locally to represent you.  During our purchase process.  Laura has been able to make inquiries and couple of times even drove down to Del Webb herself to have a look.  Not something that you can accomplish with a video call without an agent.”

-David and Cindy from New York

There is a reason Del Webb Retirement Communities are becoming so popular. Their amenities are unbeatable. From resort-style amenities to multiple 55+ Adult Community activities you’ll be making new friends and staying active all year-long!

Front Porch Realty has been able to keep a watch on the building process for our buyer, we regularly sends photos and videos to them! We have also had the pleasure of helping them with their design center choices and decisions. Soon we will be doing their walk-thrus and pre-drywall inspections, these are a MUST in new construction. Making a cross country, or even across the state move is stressful enough, the LOCAL experts at FRONT PORCH REALTY KNOW our LOCAL real estate market. To make matters even less stressful for you, they even have every contact you may need to make your Pre and Post move easier.

Learn more about Buyer’s Representation HERE and CONTACT US today for any help you may need!

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