A look back at the 2014 Triangle Real Estate Market

 To no one’s surprise 2014 was a great year for our Triangle real estate market! All of our local markets showed an increase in average sales price as well as an increase in price per square foot and decrease in days on market.  That means homes are selling fast! 4th Q 2014 Home Sales by City This shortage of homes for sale has helped our sellers to be able get out from under water and have the confidence again to sell. Mortgage rates stayed extremely low for the year which was a key factor in fueling buyer activity. See how 2013 compared to 2014 and how a few of our Fuquay Varina local neighborhoods shaped up in 2014.  This should give you a good picture of what’s to come in 2015! 4th Q 2014 City and subdivision Welcome home! laura

2nd Quarter 2014 Sales Cary, Apex, Holly Springs, and Fuquay Varina

I have taken an in depth look at our Southwestern Wake real estate market.  We are a busy group these days!   We are seeing multiple offers and contracts coming in above sales price as well as more homes entering the market for sale.  Average days on market have decreased in some markets by as much as 25%, a product of our busy start to 2014. 2nd-Q-2014-Home-Sales-by-City The following link shows a more detailed look at each of our city areas and their price ranges respectively. Market Update Q2 2014 It is a FANTASTIC time to sell your home; if you, or someone you know, have tried to sell their home in the last few years unsuccessfully, this is a great time to get on the active market again.  Feel free to contact us for our exclusive proven marketing program.  With 18 years of experience selling our Triangle market, excellent communication skills and a sales support team that is unmatched, we can guide you in a smooth, successful transaction from contract to close. If you would like to receive my Quarterly Market Update personally just let me know and I will be happy to add you to our email distribution and /or to our snail mail hard copy distribution. Welcome Home, Laura  

Teen Day in Fuquay

teen day 1 Fuquay-Varina held their 4th annual Teen Day Saturday, May 10 at the Fuquay-Varina Community Center and South Park. What an awesome program put on by The Town of Fuquay-Varina Police Department!  As the mother of a middle schooler, it was great to hear that this was a “cool” event that all the middle schoolers and some high schoolers were attending.  For the Town and our Police Department to take such an initiative investing in our future drivers is huge!  There was free pizza, free t-shirts, and driver simulation activities to show teens what it feels like to drive while impaired or texting.  The music and DJ were great; they delivered a low key, non-preachy, message to the young adults about how serious this matter is.  My teen even came home with her friends telling me that they signed the pledge banner to Never Drink or Text While Driving.   Thank you Fuquay-Varina Town Police; FRONT PORCH REALTY will definitely help sponsor this program next year! Welcome Home, Laura
Fuquay-Varina Community Support at Teen Day 2014
 

Southwestern Wake County Q3 MARKET UPDATE

Every quarter I compile sales data and statistics from our local Triangle MLS;  its a great way for me to analyze my pricing strategies and see our whole REAL real estate picture, usually backing up what I already could feel was happening in our Southern Wake real estate market.  Always good to have quantitative data to back up what you are buzzing about! Below is a summary of our entire area; months of inventory along with average price per square foot and average days on market are all  improving, all good indicators of our appreciating market. Sales by CITY Q3 2013 The following link shows a more detailed look at each of our city areas and their price ranges respectively. Market Update Q3 2013 Our “summer” season lasted longer than usual as our Southern and Western Wake county markets have continued to appreciate and rebound.  All areas have lowered their months of inventory in most of their sales price ranges and we are showing balanced and even slight seller markets for some sales prices across the region. This is good news for sellers, and continuing  great news for buyers as mortgage rates have stayed extremely low and mortgage companies are continuing to lighten up on lending. If you would like to receive my Quarterly Market Update personally just let me know and I will be happy to add you to our email distribution and/or to our snail mail hard copy distribution. -Welcome Home, laura