2nd Quarter Market Update 2023
Tag Archives: raleigh
Local Property Management Company READY to help!
Are you an investor with rental properties in Wake County, North Carolina? Check out Front Porch Rentals!
A local company located in Fuquay-Varina, NC and serving Wake County and surrounding areas. We would love the chance to take care of your investment property and set you up to get a return on your investment as soon as possible! There are lots of great reasons to hire us, but here are a few that are especially beneficial to investors like yourself:- We are LOCAL! No traveling for you, and you can be sure that someone physically has eyes on your property to be sure that it is being cared for properly.
- Maintenance & Repairs: Most maintenance, we will handle for you. The tenant will contact us directly if there is an issue, and we will facilitate the fix. We will also inspect the property and schedule routine maintenance as needed.
- You will have your own owner’s login to our software so you are able to view any relevant information to your property at any time, as well as run a variety of reports making reconciling your financials a breeze.
- Most importantly, we will free up your time! With us handling tenant screening, move-in coordination, marketing, lease and lease renewals signing, repairs, property inspections, etc., it gives you more time to find your next investment!
Please contact us for more information or if you have any questions.
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
Garibaldi Trattoria
HAPPY FUQUAY-FRIDAY!
Authentic Italian dishes right in Fuquay-Varina! Pizza, Pasta Dishes, Calzones, Desserts, & SO MUCH MORE! 
Inside the Restaurant you will find a charmingly decorated room with an Italy feel, enjoy outdoor dining as well with covered and uncovered seating! In a rush? Order ahead and conveniently pickup at their pickup area located on the side of the building!
Rated #1 as the top Italian Restaurant in Wake County, be sure to check them out the next time you’re craving some Italian food!
900 N Main St.Fuquay-Varina, NC, 27526
984-208-2947A 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 readingHilltop Farms of Willow Springs
Owned by Fred Miller and his wife Virginia Rowland Miller (who was born and raised on the land), Hilltop Farms of Willow Springs started out as a 44 acre Tobacco Farm in the 1750’s. Since Fred and his wife took over her family-owned farm, they reshaped the 44 acres into a tasteful 44 acre Organic Produce Farm. What makes Hilltop Farms different and unique from other local farms? The answer is all in the way they farm. First certified in 2004 to grow Certified Organic Produce and being the ONLY USDA Certified Organic Produce Farm in Wake County, they still hold that title today! Continuing to expand their knowledge and finding innovative ways to farm more organic produce for the community. You can find their fresh products at any of THESE fine stores and restaurants!
Priding themselves to growing organic products such as herbs, fruits, flowers, and vegetables of all sorts, protecting not only their soil but the community they feed. They use NO chemical pesticides, herbicides, fungicides, or fertilizers on their crops along with their use of NON-GMO seeds. Although on our end we aren’t too sure of what some of these “icides” are, we know that we do NOT want them in our produce so knowing we have local Farmers ridding these chemicals from their crops makes us pride them for doing so.
Their Farm-stand recently opened to the public this past Saturday, February 12, 2022. Winter hours are 1pm – 4pm on the second and fourth Saturday’s of the month through March. Currently you can find fresh greens, Hilltop honey, eggs, Carolina mushrooms, and veggies!
Interested in Organic Farming? Looking to help better the quality of produce? Look no further than the CSA (Community Supported Agriculture) program Hilltop Farms offers on their farm. Farmer Fred explains it like this:
“A CSA (Community Supported Agriculture) is a farm membership program that relies on its members to join prior to the start of the harvest season to provide the farm with “seed money” to purchase actual seed, fertilizer and so on for planting the new crop. In return for their support, members receive a weekly or bi-weekly delivery/pick-up of fresh, chemical-free vegetables grown on our farm! Please, check out our Harvest Schedule on the Join page that shows you what we intend to grow this year and what month to expect it’s harvest and find it in your weekly box!”Want to join the team and learn more on how to sign up? There is still time to do so! Click HERE to learn all about how to sign up for the program, learn more about what you will be doing, the months worked, and so much more!
What can you find throughout the months of operation?
Arugula, Snap Beans, Blueberries, Broccoli, Brussel Sprouts, Cabbage, Collards, Corn, Cucumbers, Eggplant, Kale, Lots of Lettuces, Mizuna, Mustard Greens, Onions, Okra, Pac Choi, Peas, Peppers, Potatoes, Radishes, Spinach, Squash, Strawberries, Sweet Potatoes, Tatsoi, Lots of Tomatoes, Turnips, Watermelons and Winter Squash!
Head over to their website to find some yummy recipes straight out of the families cookbook! Here is my personal favorite —–> Chinese Salad2021 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!
North Carolina State Fair
Growing up in North Carolina is a unique and wonderful experience, ask anyone. From the Blue Ridge Mountains to the crystal coast beaches you have the best of both worlds. Right in the middle of it all is the State capital, Raleigh which is just outside of our town of Fuquay-Varina.
One thing North Carolina is big on is tradition. Every year the North Carolina State Fair is held in Raleigh at the Fairgrounds. Crowds gather at the fair grounds to enjoy rides, food, free entertainment, and plenty more. Last year was an unprecedented time for everyone and unfortunately the State Fair could not be held as usual. They did find a way to continue the tradition by offering a small variety of the usual fair food vendors but it was nothing like we are used to. This year the N.C. State Fair is back and better than ever!
The 2021 N.C. State Fair will be held from Oct. 14 – Oct. 24, tickets are on sale now, click here! Whether you are a thrill seeker or a teacup rider or just enjoy eating copious amounts of food it is a fun-for-all-ages event! With over 90 rides this year including tons of new ones, NEW FOOD VENDORS, and tons more, don’t miss the fun in 2021!
DO THESE BRISKET MAC AND CHEESE EGGROLLS BY FATBOYS BBQ NOT LOOK DELICIOUS?!?!
2-Story Fuquay-Varina Home with Large Backyard
Bring it all home to 505 Quartz Valley Way, Fuquay-Varina | Avalon Springs
AVALON SPRINGS is located on the “East” side of Fuquay-Varina. Located only minutes away from Downtown Fuquay-Varina. Avalon Springs provides access to a community pool, clubhouse, playgrounds, and trails surrounding the area. If you or your family love to be outdoors often, this would be a great place to settle into!
This wide-open plan has 3 bedrooms and 2 1/2 baths and lots of natural light. The owner has given it their special touches and it looks amazing. From the hardwood/tiled floors to the coffered ceiling, you’ll feel like you’re in a new construction home!
The kitchen is perfect for gatherings as well as family time with a large center island, granite counter-tops and stainless steel appliances.
If this hom eis not quite what you are looking for, Fuquay-Varina has various up-coming communities that our Front Porch Realty Agents could show you. We are currently teamed up with several local Custom-Home Builders for the new development of Purfoy Place! Learn more…
Contact us directly and we can answer all your real estate questions!
This wide-open plan has 3 bedrooms and 2 1/2 baths and lots of natural light. The owner has given it their special touches and it looks amazing. From the hardwood/tiled floors to the coffered ceiling, you’ll feel like you’re in a new construction home!
The kitchen is perfect for gatherings as well as family time with a large center island, granite counter-tops and stainless steel appliances.
If this hom eis not quite what you are looking for, Fuquay-Varina has various up-coming communities that our Front Porch Realty Agents could show you. We are currently teamed up with several local Custom-Home Builders for the new development of Purfoy Place! Learn more…
Contact us directly and we can answer all your real estate questions! HAPPY NEW YEAR!
2020 has been quite the year for surprises and hardships and we are all ready to bid it farewell! FRONT PORCH REALTY has been working hard to find some great New Year’s options and wanted to share what we have found with all of you! All are held locally within the Triangle. If you’ve been stuck at home and just dying to get out and do something fun, now is the time to do so!
New Year’s Eve Five Course Meal – Wye Hill Kitchen & Brewing
From 4:30pm to 9pm (201 S Boylan Ave, Raleigh, NC 27603)
Enjoy a special evening at the Wye Hill. Wind down, relax and socialize (at a distance of course). Bring your friends or family to join you as you spend your last moments of 2020 together! For safe distancing the setting will be held outside on their heated, covered and cozy patio. It’ll be a perfect night as you enjoy the 5 course meal they will be serving and their amazing dessert to top it off.
New Year’s Eve Light Show – Holland Road Lights
Starts at 5:30pm (409 Holland Rd, Fuquay-Varina, NC 27526)
A fun-filled drive by experience as Holland Road Lights wraps up another season with an outstanding show. Enjoy a spectacular light show and hear hard hitting beats, nothing will stop those hips from moving! There will even be free glow sticks while supply lasts!
WRAL Nights of Lights – WRAL TV
Starts at 5:30pm ( 2105 Umstead Dr, Raleigh, NC 27603)
Take a drive through Dorothea Dix Park and check out the mile long holiday lighting. You can’t get any safer than watching the show from your car. Don’t miss the last day to see it!
N.W.L. Un-New Years Eve Party – Niche Wine Lounge
From 6pm to 10pm (109 N Main St, Holly Springs, NC 27540)
Toast at 8:30pm for the New Year! Eat good food and jam to live music played by Liz Reedy. Festivities will take place on their heated outdoor seating area.
Lights On The Meadow – Lights On the Meadow
From 6pm to 9pm (9301 Hay Meadow Ct, Raleigh, NC 27603)
This family began sharing their joy 23 years ago! Celebrate with them and see their light show. You may even see some favorite characters such as Frosty, Rudolph, and Mickey and catch a glimpse of Santa himself. They have over 40 inflatables to enjoy! You will want to tune to channel 88.3 FM to listen as the lights dance to the music. This will be a fantastic treat for the kids!
A Night To Remember, A Year to Forget – Tin Roof Raleigh
Starts at 6pm (304 Glenwood Ave, Raleigh, NC 27603)
Come join the crew as they toast 2020 goodbye and say “hello” to the new year! Table reservation will be required. They will have packages that include Champagne for the Table, Appetizer Platter, your choice of Domestic Bucket of Beer or Bucket of Seltzers. Fees will apply once you reserve.
HAPPY NEW YEAR from our FRONT PORCH family to yours!
We are here for you for any local real estate need you may have! Let us know HERE!
New Year’s Eve Five Course Meal – Wye Hill Kitchen & Brewing
From 4:30pm to 9pm (201 S Boylan Ave, Raleigh, NC 27603)
Enjoy a special evening at the Wye Hill. Wind down, relax and socialize (at a distance of course). Bring your friends or family to join you as you spend your last moments of 2020 together! For safe distancing the setting will be held outside on their heated, covered and cozy patio. It’ll be a perfect night as you enjoy the 5 course meal they will be serving and their amazing dessert to top it off.
New Year’s Eve Light Show – Holland Road Lights
Starts at 5:30pm (409 Holland Rd, Fuquay-Varina, NC 27526)
A fun-filled drive by experience as Holland Road Lights wraps up another season with an outstanding show. Enjoy a spectacular light show and hear hard hitting beats, nothing will stop those hips from moving! There will even be free glow sticks while supply lasts!
WRAL Nights of Lights – WRAL TV
Starts at 5:30pm ( 2105 Umstead Dr, Raleigh, NC 27603)
Take a drive through Dorothea Dix Park and check out the mile long holiday lighting. You can’t get any safer than watching the show from your car. Don’t miss the last day to see it!
N.W.L. Un-New Years Eve Party – Niche Wine Lounge
From 6pm to 10pm (109 N Main St, Holly Springs, NC 27540)
Toast at 8:30pm for the New Year! Eat good food and jam to live music played by Liz Reedy. Festivities will take place on their heated outdoor seating area.
Lights On The Meadow – Lights On the Meadow
From 6pm to 9pm (9301 Hay Meadow Ct, Raleigh, NC 27603)
This family began sharing their joy 23 years ago! Celebrate with them and see their light show. You may even see some favorite characters such as Frosty, Rudolph, and Mickey and catch a glimpse of Santa himself. They have over 40 inflatables to enjoy! You will want to tune to channel 88.3 FM to listen as the lights dance to the music. This will be a fantastic treat for the kids!
A Night To Remember, A Year to Forget – Tin Roof Raleigh
Starts at 6pm (304 Glenwood Ave, Raleigh, NC 27603)
Come join the crew as they toast 2020 goodbye and say “hello” to the new year! Table reservation will be required. They will have packages that include Champagne for the Table, Appetizer Platter, your choice of Domestic Bucket of Beer or Bucket of Seltzers. Fees will apply once you reserve.
HAPPY NEW YEAR from our FRONT PORCH family to yours!
We are here for you for any local real estate need you may have! Let us know HERE!