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

$10,000 USE AS YOU CHOOSE!

Gemstone Homes has a special offer going on for 2 of their beautiful, custom new construction homes in PURFOY PLACE!
 
Let us repeat that, Gemstone Homes is giving $10,000 TO USE AS YOU CHOOSE on your home! This could apply to your closing costs, blinds, appliances, fixtures, WHATEVER YOU WANT!
 
PURFOY PLACE is located just outside of Fuquay-Varina, about 7 minutes from the Historic Downtown Fuquay-Varina Area. All lots are just shy of half an acre with curb and gutter, enjoy a sidewalk on the North side of neighborhood, and a Mail Kiosk at the entrance of PURFOY PLACE.
 
Contact your Local Fuquay-Varina Real Estate Experts at Front Porch Realty today to learn more!
For location and more details visit us HERE!
LOT 13
294 LAMBERT LANE 4 Bed / 3 Bath $550,000

LOT 20
462 LAMBERT LANE 3 Bed / 2½ Bath $525,000

The Onyx IX

Award winning plan, The Onyx IX by Gemstone Homes sits picture perfectly on a pond view lot!

The Onyx boasts 4/5 Bedrooms PLUS 4 Full Baths. Enjoy a soaring open foyer, a Statement Gourmet Kitchen with a stainless steel hood, quartz, 36″cooktop and wall oven/microwave combo. The Master Suite and Guest bedroom are located conveniently on the first floor. The second floors holds 2 Bedrooms, a Bonus room, and a 5th Bedroom or second Bonus Room!
To learn more about Purfoy Place, located in Fuquay-Varina, and our outstanding Custom Builders, contact Front Porch Realty today…time is running out!

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

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Enchanting Home in Fuquay-Varina on 10 acres

Welcome to 938 Cokesbury Road, Fuquay-Varina, NC 27526

This unique home is nestled on a beautiful 10.8 acre secluded, wooded lot right here in Fuquay-Varina.

The ground/basement level area has it’s very own full bath and fully equipped kitchen. This space makes the perfect Mother-In-Law suite, kids bonus room, or a home office.

The upper main floor of this home has 2 Bedrooms and an open Kitchen/Living room area with plenty of natural light. The Dining Room is an oasis itself with gorgeous views. The Master Suite is located on the 2nd floor with its own private balcony.

Beautiful solid white oak flooring found around home. The screened porch areas are perfect retreats for winding down after a long day or enjoying meals in the outdoors during the upcoming beautiful months!

NO HOA | NOT IN SUBDIVISION

Contact Front Porch Realty for your private tour today!

3 BEDROOMS | 3 FULL BATHS FULL BASEMENT WITH OFFICE | IN-LAW SUITE SCREENED PORCH | BALCONY

1399 Honeycutt Road, Willow Spring, NC, 27592

Check out this charming home with numerous recent updates, it’s move-in ready! Located just outside of Fuquay-Varina in Willow Spring, you aren’t far from any of your necessities!

Beautiful, secluded home on a wooded .93 acre lot. New HVAC system, roof, and windows! Privacy in your own backyard with a beautiful view.

Another wonderful upgrade to this home, new wood laminate flooring throughout the living room area. Enjoy a gas log fireplace to enjoy on these cold winter nights ahead!

Enjoy a separate utility room attached to the kitchen. Kitchen has laminate tile for easy to clean messes. Back doorway leads to the back porch to enjoy a cup of coffee in the early mornings or a late night glass of wine while gazing out into your private backyard.

All Bedrooms have walk-in closets, you certainly are not short on closet space in this home! Master bathroom includes a double vanity, tiled floor, and beautiful chair rail molding!

Bonus time! Enjoy a pre-wired 10×12 Storage Building for all of your handy needs!

This home features a concrete driveway with a private fence around the yard! DO NOT MISS OUT ON THIS AWESOME HOME! Listed at $305,000! Call TODAY: 919-577-0175 to learn more!

631 Whitetail Creek, Fuquay-Varina, NC, 27526

This gorgeous townhome did NOT last long! Only 3 days on the market and 6 offers later, 631 Whitetail Creek is UNDER CONTRACT! This area is continuing to grow and the market is CRAZY! Now is the time to sell your home if you have been thinking about it! Be sure to contact your local Front Porch Realty team for all of your selling and/or buying needs. We update our website with new listings, be sure to check it out! Lovely ranch end unit. 2BR and 2 full baths. Fireplace in living room. In town amenities.

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!

Selling Your Home In Today’s Busy Market

Let’s take a peek inside the local housing market in Fuquay-Varina, Raleigh, and all surrounding areas in the Triangle. You may notice housing inventory is at an all time low right now. Front Porch Realty has seen both sides of the market including the good and the bad and the ugly. With the housing market as crazy as it is lately, we find ourselves writing fantastic offers to buyers that do not make the winning bid along and on top of that some of our listings are selling without the buyer having one showing! With advertisements for so many services popping up every other website I am sure you have come across the “online, easy way to sell your home” ads, maybe even before you came to this blog post. Sure, it may sound amazing to not have to prep your home to be sold and you may be surprised with how much equity you may have. The one thing we can assure you of – listing your home with a local real estate agent and letting your home go on the open market will net even more equity than online. There are quite a few catches to these online real estate companies you may not even be aware of including charging upwards of 10% commission on top all kinds of hidden fees. Think of it like this, they are making their money on the front end then will go turn around and immediately sell your house for more. Please talk to your local Real Estate Agent, you will be surprised to find there is not much prep to be done to sell your home! Heck, most homes are selling “as is” without the buyer even seeing the home in person! Your local real estate professional will have a much better insight on your local market versus an online company that most likely is out of state and has zero clue of the local housing market in your area. At the end of the day, there will be hidden fees, service charges, inspections fees, that could cost you from 6%-13%…NO THANKS! If you’re thinking of selling, now is a fantastic time! FRONT PORCH REALTY Owner and Broker-in-charge, Laura Moody, recently had a chat with one of our FRONT PORCH REALTY agents, Melissa Zappia. See what they had to say HERE! Contact us for more about the real estate market or sign-up for our MONTHLY NEWSLETTER where you’ll stay up to date on community events, new listings and what’s happening in the real estate world – click HERE.