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!
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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.

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

Welcome Home: 619 Bristlecone Pine, Fuquay-Varina, NC

619 Bristlecone Pine, Fuquay-Varina, NC, 27526

One-story, 3 Bedroom, 2 Bath very spacious home. The kitchen is it’s own oasis with a Kitchen Island, gas range, granite, pantry, and large breakfast/dining area that overlooks porch and fenced in backyard with a well-maintained area. Some of the touches any buyer would enjoy…updated bathrooms, LVP flooring, dual-vanities and walk-in shower with cathedralic ceilings in Master Bathroom. Located in well established neighborhood, Southern Oaks, this home is the PERFECT Fuquay-Varina location. Located right off of Judd Parkway, enjoy an easy walk to the Community Center, Parks, and even Downtown Fuquay-Varina! Easy commute to anywhere within the Triangle! This cute as a button one-story home sold in less than 48 hours for over asking price! From the perfect location, to the floor plan, this home wasn’t going to last long!

Ready to get your home sold quickly and reliably?

Contact your Local Fuquay-Varina Real Estate Experts at Front Porch Realty TODAY!

919.577.0175

fprealtync@gmail.com

Purfoy Place : 176 Lambert Ln., Fuquay-Varina

The Oakridge –

a CUSTOM BEAUTY by local builder, Glover Design Build in quaint one-street new neighborhood minutes from downtown Fuquay-Varina. Enjoy numerous custom upgrades and features such as Quartz, LVP, accent walls and more in this smart plan. Beautiful lighting throughout home all from local light store, Lights Unlimited. There is even more to love including a Formal Dining Room, HUGE Kitchen island, and a Screened Porch + grilling Deck for enjoying almost 1/2 acre lot. Master on the first floor with with 2 walk-in closets, oversized shower and garden tub along with TWO additional Bedrooms and mud/laundry room on the first floor. The second floor includes a large Bonus Room, 4th Bedroom and 3rd FULL BATH on the second floor + Walk-in attic! Perfect Triangle location for commute to Raleigh, RTP, Fayetteville and the NC coast!

4 Bedroom / 3 Bath

$549,500

2,615 sf

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

Welcome Home to 1688 Maizefield Lane, Fuquay-Varina

1688 Maizefield Lane, Fuquay-Varina, NC, 27526

Located in Fuquay-Varina in the welcoming neighborhood of Ballentine, this beautiful 1.5 story house is ready for someone to make it their new home! Less than 2 miles from Downtown Fuquay where you will find unique shops and eateries, you could not ask for a better location. This classic home features an open floor plan, perfect for all stages of life. Enjoy a gas log fireplace in the living room during the chilly months. The large downstairs master suite features a walk-in closet and a garden tub. The 2nd bedroom is on the first floor as well. Upstairs you will find a spacious bonus / loft area that can be used for work or play. The 3rd bedroom is upstairs and has a walk-in closet plus a full bathroom for family/guests convenience. Before you head back downstairs, don’t forget to check out the unfinished attic with over 400 sq. feet for storage or to finish up when you wish!

HOA fees include community pool and playground. Ballentine has sidewalks and lighting throughout the neighborhood for safety, Elementary School is within walking distance.

To get in contact with a Local Fuquay-Varina Real Estate Expert and learn more about this home, click here!

Call us at 919.577.0175

Email us at fprealtync@gmail.com

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$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!

Welcome Home! 2914 Lake James Dr, Fuquay-Varina

Welcome home to 2914 Lake James Drive, Fuquay-Varina, NC, 27526!

Beautiful Ranch home located in sought after Fuquay-Varina in lovely South Lakes Subdivision. Features 3 Bedrooms and 2 Full baths! Kitchen features a butcher block island with built in storage! Fresh paint throughout this gorgeous home! Backyard is very generous in size with a fenced yard! Home sits on the corner cul-de-sac lot!
MOVE-IN READY!
Don’t miss your opportunity to see this gorgeous home for yourself!
Contact Donya Clark today to learn more!
919-819-6564
donyafpr@gmail.com