Market Updates

Jan. 10, 2023

How to Compare Homes in Different Metro Areas

 

List price by itself can be an ineffective or incomplete way of comparing homes in different metro areas. That holds even if you adjust list prices for the cost of living and the different salaries you might earn in various areas. When assessing properties, consider factors such as commuting ...

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Posted in Market Updates
Dec. 14, 2022

Cash Out Refi vs. Home Equity Loan: What You Need to Know

 

Your home equity can give you cash when you need it for home improvement projects, paying down debt, and other purposes. A cash-out refinance and a home equity loan are common options for tapping into that equity, but they are not right for every homeowner. Here’s the scoop on ...

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Posted in Market Updates
Nov. 9, 2022

Can You Trust Online Home Valuations?

Technology has had a profound impact on the real estate process. From viewing properties online to signing contracts electronically, technological advances have streamlined and improved many of the steps you once had to take.

Buyers can now access an incredible amount of information about potential properties from the comfort of ...

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Posted in Market Updates
Oct. 17, 2022

3 Important But Subtle Factors in Pricing a House to Sell

Putting your house on the market is often an exciting time, but you may have some questions before the listing becomes official.

Determining the best price includes looking at your land and many other factors that can change as time goes on. In order to help evaluate what your home ...

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Posted in Market Updates
Sept. 16, 2022

What To Consider When Purchasing Property for Your Custom Home

Having a custom home built can be exciting. It can feel like an opportunity to create your dream home. Often, finding the right property to build your house on is a significant part of making that dream come true. While it may be a straightforward process in some cases, in ...

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Posted in Market Updates
Aug. 25, 2022

Beyond the List Price: How Metro Area Impacts Your Home Buying Decision

Ownership costs are an important factor influencing your decision to buy a home. However, you must look beyond the price when picking your new residence. The metro area in which it is located also has a major impact on your finances, plus the overall quality of life. With all this ...

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Posted in Market Updates
July 25, 2022

Things to Think About Before Buying a Vacation Property

Buying a vacation home is a lifelong goal of many. If you have reached a point in your life where you are thinking about adding another property to your portfolio, don't let the excitement cloud your decision-making. A Chapel Hill Realty Group agent can be a steady guide to ...

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Posted in Market Updates
June 27, 2022

5 Signs It’s Time to Downsize

For many homeowners, downsizing can offer several key advantages. Here are some reasons why it may make sense to sell a home and move somewhere smaller or more affordable.

1. Local Market Trends

As the character and demographics of locales change over time, property with a modest value can go ...

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Posted in Market Updates
May 26, 2022

5 Housing Trends for 2022

The social upheaval of the last few years due to the coronavirus pandemic has impacted the U.S. housing market in a number of ways. Mortgage rates dropped dramatically while home values climbed. After record-breaking home sales in 2020 and 2021, the market is poised to settle a bit in ...

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Posted in Market Updates
April 27, 2022

Staging Your Home for Selling Success

Home staging is like a secret weapon when it comes to selling homes, and real estate agents understand that buyers must be able to imagine themselves living in and enjoying a house in order to make an offer. This is an easier task to accomplish with skilled staging. If you ...

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Posted in Market Updates