Tag Archives: holly springs nc real estate

MARKET UPDATE YEAR-END 2022 | SW WAKE COUNTY

Happy New Year!
 
Just when we thought real estate in the Triangle could not surprise us anymore! 2023 brings us a much slower-paced market with months of inventory just beginning to look slightly balanced. Our buyers slowed way down; I believe partly because they were priced right out of the market with the rising interest rates as well as out of an abundance of caution.  Rents are high, but house payments are even higher.  I believe buyers at every life stage took a step back and are cautiously analyzing what is important to them in their household. Despite that, the Triangle is continuing to experience record growth which will continue to bring the buyers to our area. We will continue to see a shortage of re-sale homes as those re-sale owners that have refinanced are choosing not to go anywhere.
 
See our Year-End 2022 Market update here –
4th Q 2022
 
Front Porch Realty has exciting news; we are getting ready to offer Property Management services for residential and multi-family units. Watch for our public announcement coming soon and let us know if we can help you, or anyone you know, with their property management needs. We have invested in a streamlined program/app that is going to make it super easy for the renter and landlord! Be sure to follow along to stay in the know of all of our happenings!
 
If you would Like to receive our quarterly local Market Update regularly in your mailbox, or inbox, LET US KNOW!  
-Laura Moody Evans
Broker-in-Charge/Owner

Extended Rate Locks & More…

Front Porch Realty and First Federal Mortgage have been business partners for years! We LOVE working with our LOCAL lenders! First Federal Mortgage just announced two UNBELIEVABLE mortgage perks and programs FOR OUR FRONT PORCH REALTY buyers! Continue reading →

Welcome Home to 252 Golf Vista Trail, Holly Springs

Welcome Home to 252 Golf Vista Trail, Holly Springs | 12 Oaks 12 Oaks Golf Course Community is a family-oriented neighborhood that you will be happy to call home right in the heart of Holly Springs. This private club is filled with so many delightful and useful amenities you are certain to enjoy every day of the year whichever season it may be! On the grounds of 12 Oaks you will find the Clubhouse with an enchanting members-only dining room along with an upscale bar full of conversations with friends waiting to be had. Their award winning Golf Course designed by Jack Nicklaus is one that will keep you on the greens everyday. Enjoy private event spaces for parties of all kinds and three swimming complexes filled with saltwater and splashes during the hot months. The elegance and peace of mind that has surrounded this community is sure to bring homeowners tranquility and many memories throughout the years to come. We spoke with the homeowners of 252 Golf Vista Trail and asked them a few questions regarding their beautiful abode. Here is what they had to say – What first attracted you to your home?
“The neighborhood. We enjoyed the several amenities the neighborhood offered. Three pools with water slides, three playgrounds, greenways, and a clubhouse with a pub!”
Any memories in your home that you would like to share with your buyer?
“Enjoyed Summer nights on the large patio with firepit and music.”
What would you consider is your home’s best selling feature?
“The open floor plan allows family to all be together while still allowing separation for working from home.”
Anything about the location or neighborhood of your home you would like to share?
“Perfect location to Holly Springs and Apex. Holly Springs shopping center is 1 mile away and Downtown Apex is 10 minutes away!”
Anything else?
“The Clubhouse offers monthly events for families! i.e. Halloweenfest, Polar Express, Easter Brunch.”
This gorgeous home was sold in Coming Soon status and site unseen! WOW!

2021 YEAR-END MARKET UPDATE

Happy New Year! Looks like our local real estate market will continue to be a buzz topic in 2022. The Wake county Register of Deeds office just reported December 2021’s Median Sales Price for Wake County Real Estate was $411,000, the highest of all-time, wow! Most of our numbers trended slightly lower however with a 10-30% increase over last year’s SALES PRICES! We took an in-depth look at our 2021 housing market, in particular compared to our 2020 numbers. See our report Here. 2021 Year-end Just like last year, we have a high number of new construction homes that had not closed yet so I took those numbers into account again as well. It looks like some of our new homes are starting to catch up a bit with supply so that is helping improve our inventory. This improvement is mainly being seen in the outer areas of our market; Harnett County home sales prices have increased by as much as 30% over 2020 pricing whereas Wake County was more in the 20% range. Front Porch Realty has some exciting news; we now have a satellite office in downtown Clayton! This office location helps us round out our service to the entire west, south and east of the Triangle. Be sure and think of us if you have friends, family, or business partners Clayton way. 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. Please stay safe and we hope to see you real soon!

703 SWAN HILL COURT, FUQUAY-VARINA, NC, 27526

  This beauty in Fuquay-Varina certainly did NOT last long. On the market for 3 days..18 offers later, we have a contingent! Be sure to contact your local Front Porch Realty agents for help buying or selling a home! Our website is updated regularly with any new or coming soon properties! PRIME location for this 3 or 4 BR home on the “Holly Springs side” of Fuquay-Varina. Wide-plank laminate flooring in Living Room, Kitchen/Breakfast room and 2 secondary Bedrooms. Dining Room has 2 closets so can be 4th Bedroom or Office; has French doors and a barn door! 3 Bedrooms on 2nd floor, 2 with WIC’s. Nice wide open fenced yard with an adorable wired “She-Shed”. Garden area in side yard as well!

Holly Springs Fall Celebration — HollyFest

Fall around here means local fun for all. And that’s no different when it comes to the HollyFest coming up Saturday, October 26th from 10 am – 4 pm at Jefferson L. Sugg Farm Park at Bass Lake in Holly Springs! Come on out for this Fun, Fall, Family-Friendly and Free event! There will be: *Live and local entertainment all day long *Arts and crafts for the shopping enthusiast *Kids Zone with inflatables and rides *Children’s corner with activities and games *Flavors and tastes to make every palate happy Check out the Town of Holly Springs website HERE for specific vendors! (Subject to change) And of course, Front Porch Realty will be there. Stop by our booth and say hi! We’re your LOCAL REALTORS®!

1st Q 2018 Market Update

By now, you’ve heard Front Porch Realty’s exciting news; we have elevated our brand and we have a new custom website! We are still the same “Front Porch Realty” you have known for years but have begun to concentrate our business in Fuquay-Varina and Holly Springs. We are already the #1 Independent real estate office in these two towns and our goal is to become the #1 real estate company overall. We want to become top of the mind status for you and all things real estate! Here is our quarterly 1st Q 2018 snapshot of our local housing inventory. We are still deep in a seller’s market, especially for re-sale homes; new home inventory is up 17% across the Triangle while re-sales inventory is down 15% from the 1st quarter of 2017, according to our Triangle Multiple Listing Service 1st quarter market stats. This imbalance of supply is causing record increases in sales prices; average sales price of new construction is up 9% and average re-sale homes sales prices are up 10%. Inventory is still low on our end of the county and demand is high. As we can see from our 1st quarter local data, months of inventory are very low at most price points at less than 2 and units sold have increased across both markets. We are here to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty as YOUR LOCAL real estate professionals!

If you ever use free online photos, here’s a great new tool!

Would you like to add photographic flair for free, use Unsplash! Here at Front Porch Realty we’re always on the lookout for new sources of free photos; we use photos in newsletters, blog posts, social media and presentations.  We are happy to find Unsplash and introduce you to a service which offers fantastic, crowd-sourced photos that can be downloaded and used in your own projects.  They offer beautiful, free pictures in the categories of Business, Nature, People, Technology, Food, Travel, and so many more! Best of all, Unsplash’s photos don’t look like stock photos.  While their inventory isn’t especially deep (yet!), there are still lots of hight-resolution images with truly eye-catching, creative views. Save yourself some cash and grab some great pics here at their website:  https://unsplash.com/ We’re sure that no matter what your picture needs are, you’ll find something to use with this great and free tool!    

What does that mean anyway: Real Estate Lingo

Real Estate brokers have sometimes been accused of “shortening our words” or using terms that we think everyone already knows!  So, here’s a little helpful guide, if you have trouble navigating real estate terminology! What it says versus What it means conveys with sale … it will STAY with the home EIK … eat in kitchen SS … stainless steel HDW, HWF, Hdwd ….. hardwood floors WIC …walk-in-closet FDR ….. formal dining room MLS...multiple listing system FSBO ….. for sale by owner Pre-approval …  based on information you are able to provide to the lender.  This will look much better than a pre-qualification to the seller. Pre-qualified ….  based on a 5 minute phone call to the lender and only on what you tell the lender.  This is needed in order to even make an offer on a home. due diligence funds …the funds the buyer gives the seller at time of contract to “buy time” off the market while they do their due diligence due diligence or DD…all of the inspections and loan process, etc a buyer can exercise on a prospective home during their due diligence time period Due diligence money- is non-refundable The good news is the money is typically credited towards the purchase of the home at closing. Earnest money is “good faith” money. The buyer is showing the seller they are serious about buying the home. contingency … a contract on a home that is dependent on you selling your existing home 3 BR/2BA  3 bedrooms and 2 baths *************************************************************************************************************************** I’m sure we’ve missed a few, feel free to leave comments with any you might still be wondering about and we’ll do our best to define them. We are here to help you navigate your real estate needs and ALL the terms that come along with that! Welcome home!

4 Tips For Buying A Home In A Hot Market

When a market is hot, finding and buying a home can feel like an uphill battle. In a seller’s market, homes go quickly. They can be on the market one day and gone the next. And on top of the challenge of finding a home, most homes (especially the desirable ones) have multiple offers, making it harder to get into the home of your dreams. But buying a home in a hot market isn’t impossible! You just have to approach it strategically and stack the deck in your favor to find – and successfully buy – the right home for you and your family. Here are four tips for buying a home in a hot market that will put you a step ahead of the home-buying competition: Continue reading →