SW WAKE COUNTY MARKET UPDATE | 2018 YEAR-END

Happy New Year! Take a look at the 2018 Market Update of our local housing inventory. We saw little or no change in the volume of homes closed in our area of the county as compared to 2017. However, average sales prices were up and average days on market were down. We are still deep in a seller’s market as most markets have less than one month supply for re-sale homes, and a two or three month supply for new construction homes. We expect another robust sales year in 2019, however we may not be seeing a real estate “frenzy” again this year, which in my opinion, is a good thing. Healthy, steady growth will be much more beneficial for all of us. FRONT PORCH REALTY had some exciting changes in 2018. We unveiled our new logo and launched our new website featuring “Our Towns”. We have also added five new real estate agents to our team and upgraded our Holly Springs location. We Live, Eat, Play and SELL Fuquay-Varina and Holly Springs! We will be hosting the Fuquay-Varina Chamber of Commerce Business After Hours event on February 7th at our Fuquay-Varina office, please SAVE the DATE we would love to see you there. We will be kicking off our 10 year Anniversary year-long celebration! We are here to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty as YOUR LOCAL real estate professionals! Please LIKE us on Facebook if you haven’t already, we are always posting LOTS of local news and happenings around town!

2016 Southern Wake Housing Market is HOT!

Here is a snapshot of our local housing activity.  Housing, and the lack there of, in the entire Triangle seems to be the buzzword these days, and our market is no different.  Inventory is still low and demand is high, causing sales prices to soar and days on market to decrease to almost 0 in some price points!  Enclosed is a detailed look at all of our activity by price point and area.  With all of the growing we are doing on our end of the county I changed my reporting a bit; as always I welcome any feedback.  I have reported “pending” listings separately from “active”, this is the first time I have seen the need to do this, so this is great news for our thriving town. 1st Q 2016 Home Sales I know you must have a plethora of real estate professionals in your “circle” but I would love for FRONT PORCH REALTY to be your “top of the mind” company when it comes to real estate in the Fuquay-Varina/Holly Springs area.  I am celebrating 20 years of selling real estate this year and would personally like to invite you the FV Chamber of Commerce Business After Hours Front Porch Realty will be hosting Thursday, May 12, 5:30 pm – 7 pm.  Hope to see you there! We are super excited to announce a new way of giving back to our community. Front Porch Realty and Sherry Riano’s team at DNJ Gateway Mortgage have teamed up to offer Benefits for Heroes for our community teachers, medical, military, police, and fireman personnel, with special discounted mortgage and real estate perks totaling a savings of over $1,000. Please help spread the word. Please join me in celebrating 20 years of helping the people of Fuquay-Varina and the surrounding areas and pass our name to your co-workers, employees, relatives and neighbors.   Please think of Front Porch Realty as YOUR LOCAL real estate professionals!   Sincerely,   Laura Moody McCorry Broker/Owner Front Porch Realty