Front Porch Realty - SW WAKE COUNTY MARKET UPDATE

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!

1st Q 2018 Market Update

By now, you’ve heard Front Porch Realty’s exciting news; we have elevated our brand and we have a new custom website! We are still the same “Front Porch Realty” you have known for years but have begun to concentrate our business in Fuquay-Varina and Holly Springs. We are already the #1 Independent real estate office in these two towns and our goal is to become the #1 real estate company overall. We want to become top of the mind status for you and all things real estate! Here is our quarterly 1st Q 2018 snapshot of our local housing inventory. We are still deep in a seller’s market, especially for re-sale homes; new home inventory is up 17% across the Triangle while re-sales inventory is down 15% from the 1st quarter of 2017, according to our Triangle Multiple Listing Service 1st quarter market stats. This imbalance of supply is causing record increases in sales prices; average sales price of new construction is up 9% and average re-sale homes sales prices are up 10%. Inventory is still low on our end of the county and demand is high. As we can see from our 1st quarter local data, months of inventory are very low at most price points at less than 2 and units sold have increased across both markets. We are here to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty as YOUR LOCAL real estate professionals!

And the Agent of the month is….

Congratulations to Teresa Ennis, Front Porch Realty’s Agent of the Month – July 2017

Teresa has been a Triangle real estate agent for more than 30 years! She delivers top notch professionalism and service to all of her clients, 100% of the time and this is evident with her booming referral business.

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4 Tips For Buying A Home In A Hot Market

When a market is hot, finding and buying a home can feel like an uphill battle. In a seller’s market, homes go quickly. They can be on the market one day and gone the next. And on top of the challenge of finding a home, most homes (especially the desirable ones) have multiple offers, making it harder to get into the home of your dreams. But buying a home in a hot market isn’t impossible! You just have to approach it strategically and stack the deck in your favor to find – and successfully buy – the right home for you and your family. Here are four tips for buying a home in a hot market that will put you a step ahead of the home-buying competition: Continue reading →

April 2017 AGENT OF THE MONTH

April 2017 AGENT OF THE MONTH…

AGENT of the MONTH SPOTLIGHT

Congratulations to Donya Clark, Front Porch Realty’s Agent of the Month – April 2017

“I love helping people find their dreams in a home and I love the different personalities of each and every home I show!”

This Lady does it all. Not only is she a licensed Real Estate Broker but she is Front Porch Realty’s Office Manager. Her patience and enthusiasm are vital to Front Porch, and as Office Manager she handles our marketing, transactions, and day-to-day business for both the Fuquay-Varina and Holly Springs offices.

Donya has been part of the Front Porch Realty Team since 2013 as Office Manager and became a Licensed Agent in 2016. Her husband and three children moved to North Carolina from Maine in 2003 and have called Fuquay-Varina home ever since!

Thank you Donya Clark for all of your dedication as a FRONT PORCH REALTY real estate professional!

2nd Quarter 2014 Sales Cary, Apex, Holly Springs, and Fuquay Varina

I have taken an in depth look at our Southwestern Wake real estate market. We are a busy group these days! We are seeing multiple offers and contracts coming in above sales price as well as more homes entering the market for sale. Average days on market have decreased in some markets by as much as 25%, a product of our busy start to 2014. 2nd-Q-2014-Home-Sales-by-City The following link shows a more detailed look at each of our city areas and their price ranges respectively. Market Update Q2 2014 It is a FANTASTIC time to sell your home; if you, or someone you know, have tried to sell their home in the last few years unsuccessfully, this is a great time to get on the active market again. Feel free to contact us for our exclusive proven marketing program. With 18 years of experience selling our Triangle market, excellent communication skills and a sales support team that is unmatched, we can guide you in a smooth, successful transaction from contract to close. If you would like to receive my Quarterly Market Update personally just let me know and I will be happy to add you to our email distribution and /or to our snail mail hard copy distribution. Welcome Home, Laura