New custom build homes have become a HOT topic throughout the triangle and we highly recommend having a buyer’s agent behind your back. Teresa Ennis and Laura Moody talk about how, yes, we would want you to be able to look through these new neighborhoods but you must be cautious. The on-site agents try to convince clients to use them instead since they are with the builder. What they don’t tell you is that they represent the builder so they aren’t thinking of what’s really best for you. With a buyer’s agent they try to take into consideration all the factors that would better help you in the building process!
When you start your new home build, be sure to have inspections and a surveyor to ensure no issues may arise in the near future. Things can be easily missed during construction and you would not want to deal with that later on. Front Porch Realty has years of experience and have a good idea on what these builders are like for these new communities.
View Teresa and Laura’s video chat HERE.
If you are looking for some great support in your search of a new construction home, our real estate professionals are happy to help get you started!
Contact us at 919-577-0175 or learn more by sending us a message HERE.
FRONT PORCH REALTY agent, Donya Clark and FRONT PORCH REALTY Owner and Broker-in-charge, Laura Moody, recently had a discussion about appraisal addendums and how they’ve become quite important when putting in an offer. The market is tough for our buyers right now and FRONT PORCH REALTY agents understand the challenges of putting in a winning offer!
Multiple offers are being submitted for homes these days, often at sales prices much higher than what we believe the homes will appraise for. The buyer’s lender will NOT loan more money than the value of the home is worth and this is determined by a licensed real estate appraiser. To assure the sellers that you will not use a low appraisal to try and re-negotiate your terms, an APPRAISAL ADDENDUM can be added to the Offer To Purchase. This attorney written addendum lets the homeowner know the buyer is willing to pay their offer price regardless of what the home appraises for. In other words, the buyer has the cash difference available to bring to closing if the appraised value ends up coming in less than their offered price.
Watch Donya and Laura’s video chat HERE.
All of our FRONT PORCH REALTY agents strive to make buying a home a positive and professional experience for you. With interest rates at all time lows, its a great time to purchase a home, just make sure you have an agent on your side, Buyer’s Agency representation will not cost you a thing at FRONT PORCH REALTY!
Begin your home search now by calling or messaging our Agent on Duty today!
919-577-0175 or send us an email HERE.
We are all excited to see our local economy up and running again, however our housing market is still facing many challenges!
The new market update shows us just how low our inventory of homes is; less than a 1- or zero-months’ supply across all price points. We included “Coming Soon” listings in our “Active” supply numbers, “Coming Soon” status means the home cannot be shown to any buyers yet, the owners are getting them ready for the market. Our local buyers are so desperate for a home they are buying them sight unseen, across all price points! As of this writing, we ONLY have 119 homes for sale currently in Holly Springs and Fuquay-Varina according to our local TMLS, and that includes any advertised new construction that may not even be built yet.
View our Q2 Market Update HERE.
Front Porch Realty has added 3 brokers to our office this year, including one at the North Carolina coast. We now have 12 professional real estate brokers to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty YOUR LOCAL go to real estate company. Don’t forget to LIKE US on Facebook and Instagram if you haven’t already! Let us know if you are thinking of selling your home, it is a fantastic time to maximize that equity!
Home Sweet Home at 218 Ballentine Street | Fuquay-Varina, NC
This vibrant cottage home has everything you need from an open floor plan to a gorgeous backyard! It has been newly-fenced and recently remodeled making the home feel like new. There’s a great amount of space between the living area and kitchen. No bumping into anyone as you walk around. Once you make it to the deck out back you won’t be able to resist how amazing the greenery is all around the home!
The current owners love the“landscaping and outdoor space, all the natural lighting that comes through inside the house and huge yard for entertaining guests!”
There is plenty of room to gather and relax on the sprawling deck. Downtown Fuquay-Varina is just a short walk for some dinner and shopping. When you’re home you will feel a great amount of privacy but due to the location you get to be close to town which it makes it so easy for running errands.
The home sold in 48 hours and is now UNDER CONTRACT but if you are in search of a home similar to this one contact us HERE. One of our real estate professionals can get you started on the process as soon as you’re ready!
In Front Porch Realty’s 25 year history, there has never been a better time to sell your home than in today’s market! We have a low inventory of homes across all price points and an influx of buyers from all over the country. Super hot LOW interest rates are adding to our buyer pool as first time buyers strive to leave their high-priced rentals and apartments. Multiple offers within days, and even hours, way above list prices are fast becoming the “norm” at FRONT PORCH REALTY.
According to our latest Triangle MLS stats, our local inventory is down a whopping 80% from 2020 and our Days on Market is down 68%! Not only is Front Porch Realty selling our listings extremely quickly, we are also accepting offers way over list price with the buyers signing appraisal addendums willing to pay their offer prices regardless of what their lender’s appraised value comes in. Below is a snapshot of February’s 2021 Fuquay-Varina and Holly Springs MLS activity, courtesy of our local Triangle MLS.
Thinking about selling this year but not quite ready? Our “COMING SOON” option may be the perfect solution for you! Potential Buyers are able to get a “sneak peak” of your home before you are ACTIVE on the market ensuring a very quick sale with mimimum showing exposure of your home.
Find out what your home is worth HERE, no obligation, just info, we are LOCAL experts and are here to help!
Front Porch Realty was recently invited to a special webinar presentation by Fannie Mae’s Chief Economist, Douglas D. Duncan. Of particular interest to us was Covid-19’s expected impact on our US and of course our local, housing industry.
To our surprise, and great appreciation, we have not seen a disruption of our sales at all from Covid-19 but we can’t help suspect that this huge un-expected disruption of our labor market will eventually trickle down to our housing sales industry and into our local sales activity. There is no doubt there has been in a surge in re-finances in 2020 as more and more homeowner’s have decided to stay in their current homes. Homeowners have had plenty of “home-time” to get all kinds of indoor and outdoor home-improvement projects done. Even if they might have been pondering selling this year, there is fear of where they will go as inventory in all price-points is low. This has added to the cycle of low inventory especially for those baby boomers entering into the home ownership market for the first time.
Good news, according to the Fannie Mae market experts, we should be back to the end of 2019 numbers by the end of 2021, of course we will have lost 2 years of usual growth. Unlike other “recessions”, Covid has hit very specifically. The service and entertainment industries were and continue to be hit hard but other industries have hardly been affected or even actually improved sales. Interest rates are expected to drop even lower in 2021 and most likely stay low for about 5 years. Housing demand will remain way ahead of supply for awhile, prices will continue to go up due to demand and rising building costs.
We want to send a big THANK YOU to one of our trusted local lenders, Shellie King of First Citizens Bank, for this special informative invitation. FRONT PORCH REALTY agents are always ready to help you make a decision about selling and buying a home, we are great listeners and advisers and we will always have your best interests in mind. We can sell all over the Triangle, NC region as well as the greater Wilmington, NC region however we SPECIALIZE in Fuquay-Varina, Holly Springs, Willow Springs, Angier and Lillington.
We can’t wait to help you get started today! Contact us HERE
Happy New Year!
As the Owner of Front Porch Realty with 24 years of selling SW Wake county real estate, I take an in depth look at our local real estate market every quarter. You can view our 2019 Year-end Market Update HERE. Volume of homes sold has increased across the board as expected, however we saw a slight shift of new construction homes sold towards a more balanced market. Average sales prices have increased about 4% resulting in our average price per square foot in Wake county $130-$140 for re-sale homes and $140-$150 for new construction homes. We saw little or no change in the average days on market across the board, in our area homes are going under contract in about 30 days or less.
It’s a great time to buy and sell in Holly Springs and Fuquay-Varina! If you are thinking about selling “the easy way” to Zillow, Open Door, etc PLEASE talk to us first. These companies typically charge 8-10% commission on top of leaving lots of your equity on the table. There is a reason these investment companies want to buy your home! I promise we will take care of all of the details for you AND it will cost you much less. In addition, if you are out there looking at new construction homes, be sure and utilize our FREE Buyer’s Agency. The on-site agents at the new construction neighborhoods represent the builders and look out for THEIR best interests, not yours. Why not have an agent on your side? Learn more about NC Agency HERE.
We will be hosting the Fuquay Varina Chamber Business After Hours event on February 13th at our Fuquay Varina office, please SAVE the DATE we would love to see you there. The Fuquay-Varina Chamber of Commerce will be honoring our elected officials and presenting the quarterly Excellence in Education award.
If you would like my quarterly market update delivered to your inbox, let me know. In addition, if we can be of any assistance to you with your real estate needs, I am certain you will be extremely satisfied with any of our Front Porch Realty real estate brokers level of professionalism and expertise.
– welcome home, laura
The Senior Services Council and the Fuquay-Varina Chamber of Commerce has organized and hosted the annual Senior Services Expo 2019 in Fuquay-Varina. This year’s event will be held at Fire Station #1 (301 S Fuquay Ave.) in the heart of the downtown Fuquay retail district Monday, May 6th from 10 am – 2 pm.
Seniors and care-givers will have access to over 40 providers at the resource fair. They’ll offer insight, expertise and solutions for aging adults and their loved ones. A shredding truck will also be on site to provide shredding services at no cost.
So come out on Monday, bring your paper to be shredded and grab some friends! Stop by the Front Porch Realty booth and say hi! We’ll have experienced agents there all day to discuss selling your home.
Tired of renting but not sure if you can afford to purchase a home?
Thinking of selling your home but not sure how to best prepare it for the market?
FRONT PORCH REALTY is having a series of “gathering info” meetings once a month just for you! No pressure environment for you to ask a few questions and get pointed in the right direction. Today’s market is busy and can be somewhat intimidating. We LIVE, EAT, and PLAY in our LOCAL market and we have the expertise to help you.
• Monday, March 25 6-7 pm
• Saturday, April 27 9-10 am
• Monday, May 20 6-7 pm
• Saturday, June 22 9-10 am
• Monday, July 22 6-7 pm
• Saturday, August 24 9-10 am
• Monday, September 23 6-7 pm
• Saturday, October 26 9-10 am
All sessions will be held at our Fuquay-Varina office located at 604 N. Main St., Fuquay-Varina, NC 27526
Register your attendance HERE
Introducing Mary Pickard Photography. Mary is the photographer who takes most of the pictures for our Front Porch Realty website. As you can tell, Mary is passionate about what she does, is talented and has over 35 years experience. We love having her on our team!
Check out Mary’s website to find out more about her, view more of her work, and how to contact her directly.
Mary is local to both of our office locations and has been taking our new listing photos for years and so it made sense that we would call on her when we were ready to launch our new website earlier this year! Mary was pivotal in the creation of the “Our Towns” page and highlighting all that our wonderful towns have to offer. She’s always willing and ready on a moments notice to take our new listing photos as well photos of new businesses in town, so all can be added to our website quickly.
No one sells Fuquay-Varina and Holly Springs like Front Porch Realty!