Tag Archives: market
Laura (Moody) Evans: A Pillar in Fuquay-Varina Real Estate
For nearly three decades, Laura Evans has been a steadfast presence in the real estate landscape of Fuquay-Varina and the surrounding Triangle area of North Carolina. With unwavering dedication and a passion for her community, Laura has not only facilitated countless successful real estate transactions but has also left an indelible mark on the lives of her clients and the neighborhoods she serves.
Laura would like to announce her most recent accolade as one of the Triangle Real Producers TOP 500 Agents of the Triangle for 2023. This recognition among her peers speaks volumes about her dedication and expertise in a highly competitive market, where she stands out among approximately 15,000 licensees.
Over her career, Laura has built a reputation for excellence, earning her a loyal clientele base that includes many repeat clients and referrals. Her success can be attributed to her unwavering commitment to exceptional professional communication and negotiation skills, ensuring that her clients’ needs are met with precision and care. Laura extends her heartfelt gratitude to each individual who has placed their confidence in her expertise, whether it be through their initial home purchase, subsequent sales, or the invaluable referrals they’ve provided.
Laura Moody Evans isn’t just a real estate agent; she is a prominent figure in bridging the gap between schools and businesses of Fuquay-Varina, fostering a collaborative environment that benefits both sectors. Moreover, her commitment to social responsibility shines through Front Porch Realty’s Give Back program. This initiative, which collects household goods from their sellers preparing their homes for sale, and passing them on to those in need, demonstrates Laura’s compassion and dedication to her community.
Her dedication to both her clients and her town is a testament to her unwavering commitment to making a positive impact, one transaction at a time. Contact Front Porch Realty today for any real estate needs you may be looking for!
2nd Quarter Market Update 2023
We are still seeing low inventories across our market; however, we are beginning to see a more balanced market, and even a slight buyer’s market at higher price points and with some new construction. Keep in mind, often new construction is listed at time of permit, so our “Active” numbers are a little skewed as “active” does not necessarily mean “available” for quite some time. Price/square foot has decreased over the last year due to an increase in new construction inventory; re-sale homes are still highly competitive as they are usually on larger lots and ready for immediate move-in.
I believe our local housing market is going to continue to be robust despite rising rates. We still have such a surplus of people moving into the entire Triangle area. Buyers right now are coming from all over the country in addition we always have local renters, empty nesters, and growing families staying locally in Fuquay-Varina. Please consider Front Porch Realty YOUR LOCAL go to real estate company and follow all of our social media!
2023 Spring Sellers Market Outlook
If You’re Thinking of Selling Your Home, Spring is the Perfect Time
Traditionally we have all heard; “Wait until the Spring to put your home on the market!” While Spring is a fine time to sell your home, what I have learned while selling homes in Fuquay-Varina for the last 30 years is there really isn’t a “bad” time to sell your home in the Triangle area of North Carolina! Yes, Spring brings the school-minded families out hoping to get all settled in a new home before school starts but we all know Wake county doesn’t have a “traditional school calendar” and hasn’t for a very long time. Of course, LOTS of our transplants that are looking for homes in our area are coming from areas of the country where they only know the traditional school calendar of September to May. So, Spring makes a perfect time to sell your home. Spring also entices us all to do our “Spring Cleaning” …does anyone else remember washing walls with a bucket and sponge and windows inside and out with a vinegar bottle and newspaper on their Spring Break?? After a good cleaning out from our winter months, putting your home on the market to sell is a great idea! I have seen over the years that if someone is looking for a home in the winter months, they “have” to move and are very serious. We don’t have to worry, most years anyway, about moving in the snow or bitter cold but we know our “transplants” do! I have always told my owners that were thinking of putting their home on the market in the fall or winter but they want to “wait until Spring”, why wait until you have lots of competition out there? May as well sell when no one else is! It’s all about supply and demand! Speaking of supply and demand, we are STILL seeing a shortage of homes in Fuquay-Varina and the surrounding areas. We just put a home on the market last Friday afternoon and received multiple offers before the weekend was up! Yes, the mortgage interest rates are going up, but rising rates are not stopping buyers needing a home in our area! Buyers know they can always refinance their home loans when the rates head downward again. Front Porch Realty is the only LOCAL INDEPENDENT real estate company in Fuquay-Varina. We all eat, live, and play here and most of all we KNOW our Fuquay-Varina real estate market. We consistently have buyers from all over the country contacting us as they find us on Google and can quickly see we are the LOCAL leader of Fuquay-Varina. I publish a hyper-local quarterly Real Estate Market Update, let me know if you would like to receive it by email or snail mail. Oh, and Front Porch Realty just partnered with Front Porch Rentals offering Property Management for our local homeowners!Let us know how we can help you!
-Laura (Moody) Evans, Broker/Owner
Front Porch Realty | 604 N Main St Fuquay-Varina | 919-422-4542
FrontPorchRealtyNC.com
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
A Small Town with a Historical Past and a HUGE Future
Fuquay-Varina (FeW-kWAY VAh-Ree-NUh)
SMALL TOWN ATMOSPHERE
Although growing, and we mean growing FAST, Fuquay-Varina still maintains it’s small-town atmosphere. Supporting local is a key factor to this along with the outstanding community Fuquay-Varina holds. With events held all over our town throughout all seasons, to local companies that are known world-wide, Fuquay-Varina has it all. Fuquay-Varina locals shop, drink, and eat local and there is a good reason for that. We have some of the best breweries around, delicious food found on every street in both Districts, and activities for all ages, young and old! Aviator Brewery, well-known all over in Grocery Stores and Gas Stations originated in Fuquay-Varina and is a hit for locals and visitors! Take a ride on the Brewquay Prowler to explore the multiple breweries Fuquay offers with a group of friends! Stop into our favorite dive-bar for a delicious custom drink and if you’re lucky, a yummy bite to eat if you see that neon burger sign lit up at The Brick! Anywhere you venture to in Fuquay-Varina, you are sure to find a smiling face!LESS THAN 20 MILES FROM DOWNTOWN RALEIGH
Continue readingWelcome Home! 205 Aspen Cir, Clayton
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!
3 ACRES PLUS POND IN FUQUAY-VARINA
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ALL BRICK custom beauty with lots of space to spread out, inside and out! Open LR/Kitchen/Dining with hardwoods and corner fireplace. Kitchen boasts quartz, center island with prep sink. Split bedroom plan, Master with walk-in shower/2 shower heads, and garden tub. Large Bonus/Media room plus 2 Offices! Large screened porch plus deck for enjoying private yard and pond. Full daylight conditioned basement for all kinds of possibilities. Oversized main 2 car garage PLUS boat garage and an additional 1.5 car garage/shop. Only 4-miles away from lovely Downtown Fuquay-Varina!
CLICK HERE for more information!
Your very own pond to enjoy!
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!