Front Porch Realty - A look back at the 2014 Triangle Real Estate Market

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

Upscale Coffee/Wine shop is here in FUQUAY VARINA

For those of us that love to stay right here in Fuquay to meet a friend for a quick coffee or a glass of wine after work, it’s here! Thank you to the local couples that have invested in a beautiful building in downtown Fuquay Varina and took the time, resources and energy to transform it into an absolutely beautiful meeting spot. I truly could not believe I was in Fuquay when I walked in! Not only can you enjoy fresh baked goods from StickBoy Bread Company up the street; there are fruit, cheese and cracker platters available as well. You can even order from Anna’s Pizza and the Meeting Corner across the street and they will deliver their delicious Cuban cuisine.

Visit the MILL soon, before the secret is out!

Commercial Real Estate Going Fast in Fuquay Varina

Commercial Real Estate Bus Tour

I had the privilege of hopping on the Fuquay Varina Chamber of Commerce’s 5th annual Commercial Bus Tour last week. What a fantastic opportunity to ride along with investors and other brokers from Raleigh and other cities of NC. l was pleasantly surprised to see such great interest from so far away! Fuquay is booming as we saw from our tour of vacant lots and office/retail space available all amid the construction of new buildings currently going up right before our eyes. We concluded our tour at Wake Technical College’s culinary restaurant, what a treat!

Contact Front Porch Realty today for your private tour of Fuquay Varina’s commercial real estate as well as any other real estate need!

2014 3rd Quarter, Great Market Gain!

Once again I have taken an in depth look at our Southwestern Wake county real estate market. 2014 3^rd Q is showing some great numbers in the housing market! Average sales prices across our area are showing a healthy economic gain of 2-3 % increase over last year. Days on Market are averaging about 50 days in our part of Wake County, which is lower than the average 66 Days on Market for the rest of Wake County. 3rd Q 2014 Home Sales by City Look for our next Market Update to include more detailed statistics of our market; for example new construction will be included as well as actual subdivision data. We also have some exciting news to share about Front Porch Realty! It is still a FANTASTIC time to make a move; interest rates this week are showing rates that were last seen in June of 2013. We are helping buyers moving across country as well as those moving across town. 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. Market Update 3Q 2014 If you would rather receive this report by email please let me know. In addition, if we can be of any assistance to you or your clients, rest assured they will be extremely satisfied with our level of professionalism and expertise. Welcome Home, Laura