Triangle Property Values

01/12/2024

companies are asking for an average 42.2% rate increase for homeowners’ insurance! This is a Call To Action! If you live in NC now is the time to let the Department of Insurance know your comments about the insurance companies requested rate increases (with enough public comment these increases can be cut down significantly).

Go to this website where it gives information on how you can either attend an in-person or virtual meeting on Jan. 22 or send written comments by Feb. 2:
https://www.ncdoi.gov/news/press-releases/2024/01/05/insurance-companies-ask-422-rate-increase-homeowners-insurance

Do something now or you will be complaining heavily later!

Insurance Commissioner Mike Causey announced that the North Carolina Rate Bureau filed a rate filing with the North Carolina Department of Insurance on Wednesday asking for an average statewide increase in homeowners’ insurance rates of 42.2%. The Rate Bureau has asked for the rates to become effe...

11/05/2021

We can help you determine what your home is worth and see if it is time to put your equity to work for you to secure the next great home!

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average hom...

10/19/2016

Latest market stats (Durham, Orange, Wake & Johnston Counties):
Housing inventory Sept. 2016 vs Sept 2015 - Down 12% (all Inventory, up 2% compared to Aug. 2016)
New Home Inventory up 2%, Resale down 17%
New Listings Sept. 2016 vs Sept 2015 - Up 7%
Housing Prices Sept. 2016 vs Sept 2015 - Up 6% average
Time on market - 35 Days average!
Still a great time to sell? YES. Still a great time to buy? YES. -- Lets talk!

10/20/2014

Some good insights on why it is important to price homes correctly from the start.

There's one piece of advice that every real estate agent on earth will tell you - 'If you overprice your home, it will take longer to sell and sell for less money.' Yet, sellers ignore them, and overprice their homes anyway, hoping their home will be the one to defy market physics. Why do they do it…

09/05/2014

Another great month for Durham housing

September is usually the month we begin to see the transition from the Summer selling season to what we are going to see in the upcoming Winter. Are we going to lay a solid foundation for the rest of 2014? Let’s take a look.

06/06/2014

Some wonderful news about the Durham housing market. If you are thinking about selling, now is really the time to move. Inventory is low and can't keep up with buyers!

Memorial Day is past and summertime is certainly upon us. Have housing sales heated up the same way the temperature has? Let’s take a look

05/12/2014

More great news about the Durham housing market

Apologies for the delay in getting this up. Apparently a couple files on the website were corrupted, and it took some time to rebuild them. Easy to fix once we realized what the problem was.

01/09/2014

Some interesting stats on this interactive map of housing values. Take a look!

Appreciation and/or depreciation from state to state or region to region will vary. Typically, the states with the highest rates of appreciation also have greater volatility while the states with lower rates have comparatively fewer peaks and valleys over time. Each scenario has its advantages for s...

01/08/2014

Even more good news about our Durham market. We are already seeing a lot of activity in the market, so if you are looking to buy or sell in 2014, now is the time to get out there!

The Holidays are over, the tree is down, the decorations are stored. We’ve all made plans for 2014 – whether we call them resolutions, goals or plans, they are all optimistic looks forward. Before we boldly go into 2014, however, let’s take one last look at the 2013 housing market, shall we?