Fuquay-Varina End of Year Market Update : 2023

Here is a quick look of our Southern Wake and Harnett counties 2023 Year-end Market Update!

2023 brought us a much slower-paced market with months of inventory just beginning to look slightly balanced. Buyers were priced out of the market with the rising interest rates, and sales prices holding steady. Rents are high, but house payments are even higher. Our end of the Triangle in Southwest Wake and into Harnett County is continuing to experience business and retail growth which will continue to bring buyers to our area. Supply of resale homes will continue to be low as those resale owners that have refinanced in recent years are choosing not to go anywhere.

Front Porch Realty has opened our Property Management division, Front Porch Rentals, for residential and multi-family units. Front Porch Rentals is thriving, please keep us in mind for yourself or those investors you know!

In summary, we saw a decrease in units SOLD across the board except New Construction in Harnett County. Price / square foot increased slightly from 2022 and we saw Average Sales price decrease for New Construction and increase for Re-sale homes.

Let Front Porch Realty be your “go to” for all of your LOCAL real estate needs, rest assured you will be extremely satisfied with our level of professionalism and expertise.

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Welcome Home: 304 Onondaga Ct, Holly Springs, 27540

This charming home went UNDER CONTRACT IN LESS THAN 24 HOURS for OVER ASKING PRICE! What makes this home so special? Perfect location, perfect lot size, nestled within Oaks of Avent Acres. Here’s what our sellers had to say –

What first attracted you to your home?

The street, woods, and the homes layout.

Any memories in your homes that you would like to share with your buyer?

The fun neighborhood, the porch, and the parties!

Anything about the location / neighborhood you would like to share?

Long time residents, well-established neighborhood, caring neighbors!

Ready to get your home SOLD? Contact Front Porch Realty today to let us help you!

CLICK HERE to get in contact with us! Head over to our social media pages to see why we are the #1 LOCAL Independent Real Estate company!

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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!

Purfoy Place – INCENTIVE ENDS JANUARY!

Quaint, one-street neighborhood Purfoy Place has only a few lots left to build on! Currently there are 4 active homes, CLICK HERE to see what’s available!

ACT FAST Only a few days left in January and that means only a few days left of our AWESOME incentive – $20,000 USE AS YOU CHOOSE! SERIOUSLY, anything you choose, buy-down rate, closing costs, a fence, a kitchen appliance package…the possibilities are endless!

Contact your ONLY Independently-Owned Real Estate Experts at Front Porch Realty to learn more about this awesome incentive, what’s available in Purfoy Place, and what is to come!

919.577.0175

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2023 Parade of Homes

The Emerald by Gemstone Homes : 2023 Parade of Homes Entry

484 Lambert Ln, Fuquay-Varina, NC, 27526 Start your FREE tour this weekend in Fuquay-Varina’s custom build neighborhood, Purfoy Place. This home is all decked out in extras! A wide-open 4/5 Bedroom + 4 full Bath home is a show-stopper. Custom upgrades include beautiful engineered hardwood floors, quartz countertops, luxury tile, and whirlpool stainless steel appliances + gas stovetop in your kitchen! How GORGEOUS are those stained beams in the open living room? All bedrooms feature nice-sized walk-in closets! Enjoy a massive screened in porch with double sliding entry doors to enjoy your backyard! Loads of custom extras in this custom build by Gemstone Homes! Come out and view this Parade of Homes entry plus other homes available in Purfoy Place during the 2023 Parade of Homes!

2023 Parade of Homes dates: Sept. 30th – Oct. 1st, 12pm-5pm Oct. 6th – 8th: 12pm-5pm Oct. 13th – 15th: 12pm-5pm

Looking for a home? Be sure to contact your LOCAL Fuquay-Varina Real Estate Agents at Front Porch Realty TODAY!! Sign up for our newsletter to stay up to date on all things local and Real Estate!

Welcome Home! 605 Lombardy Rd

This cape-cod style home is located in the perfect Fuquay-Varina location. Sitting on a park-like lot with plenty of seclusion and beautiful views, don’t miss this opportunity!

605 Lombardy Rd, Fuquay-Varina, NC, 27526

$399,500

WHAT FIRST ATTRACTED YOU TO YOUR HOME?

“The scenic view and privacy around the charming cape-cod home. Not far at all from all the amenities our beautiful town of Fuquay-Varina has to offer.”

ANY MEMORIES IN YOUR HOME THAT YOU WOULD LIKE TO SHARE WITH YOUR BUYER?

“The outbuilding that is OVER 100 years old! Pretty neat historically speaking.”

WHAT WOULD YOU CONSIDER YOUR HOMES BEST SELLING POINT?

“The huge, wide-open front porch which is perfect for enjoying morning coffee or late afternoon sunsets! Back deck is huge as well, perfect for entertaining!”

ANYTHING YOU LIKE ABOUT LOCATION / NEIGHBORHOOD YOU WOULD LIKE TO SHARE?

“NO HOA!”

To learn more about this charming opportunity, click HERE! Looking to list your home with Fuquay-Varina’s Real Estate Experts? Contact Front Porch Realty TODAY to see what we can do for you!

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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New Construction Homes in Fuquay-Varina

New Fuquay-Varina subdivision, Purfoy Place has only a few opportunities left. Hurry and you can still make your own custom selections!

Enjoy a quaint, one-street neighborhood with .5 acre lots(!!!) nestled on the Harnett Co side, just a short 7 minute drive to all the Downtown Fuquay-Varina amenities. Local builders Kara Homes, Glover Design Build, TBP Homes and Gemstone Homes have built some beautiful CUSTOM homes with a few more to go! Two homes currently are READY for immediate closing with 4 more currently available! Head on over to our website to get more information!

$10,000 USE AS YOU CHOOSE!! ACT FAST!

Check out the newest neighborhood DRONE footage by Mary Pickard Photography to see how far Purfoy Place has come! Check out all available NEW CONSTRUCTION homes in Fuquay-Varina HERE and CONTACT US to get started with your home search with a trusted LOCAL real estate agent!

Welcome Home : 415 Avery Pond Dr.

Welcome to 415 Avery Pond Dr, Fuquay-Varina. An exquisit, open concept home sitting on a large lot with pond views. Great neighborhood that is just a short distance from Downtown Fuquay and all of it’s amenities!

What first attracted you to your home?

“The open floor plan and the scenic, quiet location with a view of the pond.”

What would you consider your homes best selling point?

Open floor plan. Unobstructed pond view. Large lot/yard.

Anything about the location / neighborhood you would like to share?

Close to Downtown Fuquay. New playground and picnic area. Great neighborhood for walks and outdoor activities! Quiet neighborhood.

Contact your LOCAL Real Estate Experts at Front Porch Realty TODAY to learn more about our agent Donya Clark’s listing!

919.577.0175

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!