Monday, November 22, 2021

This gorgeous townhome did NOT last long! Only 3 days on the market and 6 offers later,
631 Whitetail Creek is UNDER CONTRACT! This area is
continuing to grow and the market is CRAZY! Now is the time to sell your home if you have been thinking about it! Be sure to contact your local
Front Porch Realty team for all of your selling and/or buying needs. We update our
website with new listings, be sure to check it out!

Lovely ranch end unit. 2BR and 2 full baths. Fireplace in living room. In town amenities.
Thursday, September 2, 2021

Let's take a peek inside the local housing market in Fuquay-Varina, Raleigh, and all surrounding areas in the Triangle. You may notice housing inventory is at an all time low right now. Front Porch Realty has seen both sides of the market including the good and the bad and the ugly. With the housing market as crazy as it is lately, we find ourselves writing fantastic offers to buyers that do not make the winning bid along and on top of that some of our listings are selling without the buyer having one showing!
With advertisements for so many services popping up every other website I am sure you have come across the "online, easy way to sell your home" ads, maybe even before you came to this blog post. Sure, it may sound amazing to not have to prep your home to be sold and you may be surprised with how much equity you may have. The one thing we can assure you of - listing your home with a local real estate agent and letting your home go on the open market will net even more equity than online. There are quite a few catches to these online real estate companies you may not even be aware of including charging upwards of 10% commission on top all kinds of hidden fees. Think of it like this, they are making their money on the front end then will go turn around and immediately sell your house for more.
Please talk to your local Real Estate Agent, you will be surprised to find there is not much prep to be done to sell your home! Heck, most homes are selling "as is" without the buyer even seeing the home in person! Your local real estate professional will have a much better insight on your local market versus an online company that most likely is out of state and has zero clue of the local housing market in your area. At the end of the day, there will be hidden fees, service charges, inspections fees, that could cost you from 6%-13%...NO THANKS!
If you're thinking of selling, now is a fantastic time! FRONT PORCH REALTY Owner and Broker-in-charge,
Laura Moody, recently had a chat with one of our FRONT PORCH REALTY agents,
Melissa Zappia. See what they had to say
HERE!
Contact us for more about the real estate market or sign-up for our MONTHLY NEWSLETTER where you'll stay up to date on community events, new listings and what's happening in the real estate world - click
HERE.
New custom built homes have become a HOT topic throughout the Triangle and we highly recommend having a Buyer’s Agent helping you through your home buying process of a new construction home!
Front Porch Realty Brokers
Teresa Ennis and
Laura Moody recently chatted about what it really means to have an agent on your side when purchasing a home. We encourage our buyer clients to browse through new construction neighborhoods, we just want you to be aware that the "on-site" agents in the model homes WORK FOR THE BUILDER. It is perfectly fine to get information and pricing from them, just remember not to talk to them about anything you would not want the builder to know, they legally have a fiduciary duty to the builder they represent. At first communication at a new construction neighborhood be sure and tell the on-site agent that you have an agent representing you. You will likely need to fill out a form with your info as well as your agent's info.
Your Front Porch agent will suggest you have a pre-drywall home inspection as well as a finished home inspection. You are making a huge investment! No worries, we will set this all up for you and coordinate the timing with the builder. We also highly recommend a new survey, the one the builder will give you at closing will be from before the home was built. You will want an accurate updated survey, especially if you plan on putting up a fence in the future.
Front Porch Realty has 25 + years of experience selling new construction homes in the
Fuquay-Varina area and the best part is our representation as your Buyer's Agent won't cost you a thing!
View Teresa and Laura’s video chat
HERE.
View the North Carolina Real Estate Commission Working With Real Estate Agents
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!