Choosing the Right Loan for Your First Home
Future Home Owner Series (BLOG 2) Let’s face it, unless you win the lotery, most likely you will get a loan to purchase your first home.Here’s what you need to know! WHICH LENDER DO I CHOOSE? This can be tough. Banks, mortgage lenders, online companies, and builder’s “preferred lender partners” allwant your business. So, where […]
Why Building Home Equity Matters for New Buyers
Future Home Owner Series (BLOG 1) 1200 miles of quality time with my 15-year-old “future homeowner” brought me back to the basics of real estate. Growing equity is one of the keys to building wealth. Step one: Buy a home! According to The Currency, financial news, Americans now have 35 trillion dollars in home equity, […]
Buyers Agent Role
As a nod to the TV show Law and Order, this story was ripped from the headlines! There is so much talk right now about buyer’s agents, let’s talk about their specific role in a real estate transaction. 1. Helping the buyer find the right home through many channels including through the multiple listing service, […]
2024 New Construction Forecast
Last year, I wondered if new construction would bring us out of the inventory crisis. The answer was then, and is now, NO. But, what should we expect for new construction in 2024? Are the builders still consistent with their new builds, or are interest rate concerns causing them to slow down? I INTERVIEWED 5 […]
5 Reasons People Decide to Move
Guess what?Interest rates are NOT one of them! 1. Job relocation2. Rightsizing due to a growing family, divorce, or kids headed to college3. Wanting a different neighborhood for amenities, convenience or school districts4. To be near family5. Buying a second home, investment property, or vacation rental If interest rates do come down, buyers who are […]
2024 Market Predictions in Real Estate
Ok, down to business… LUXURY MARKET The luxury market, including homes priced over $1 million, will continue to be red hot. Lots of ALL CASH transactions in this price point! MOVE-UP BUYERThe move-up buyer will do lots of research and need guidance through the buying and selling process. Move-up buyers are most likely to make […]
#1 reason, in 2023, that you SHOULD sell during the holidays!
1. Inventory (the number of homes for sale) is still at historic lows in the Winston-Salem area. Your house WILL stand out! 2. Family and friends visit for theholidays! With so many people working remotely, and many more wanting a second home near family (especially grandchildren) the holidays are a perfect time to introduce your […]
Top 10 Holiday Activities in Winston-Salem
Salvation Army Angel Tree Make a difference! One of our favorites is giving through the Salvation Army Angel Tree! Click here to learn about The Salvation Army’s Christmas Assistance programs in your community and how you can support them. Tanglewood Festival of Lights Whether you drive through the lights or stroll through the display by […]
Frequently Asked Questions of Contingent Offers for Homebuyers
Q: Is there a way for a buyer to make an offer on a home which is contingent upon the sale of their current home? A: There is an option on the NC contract where an offer can be made under the “condition” that a buyer must list and sell their current home prior to […]
Building Generational Wealth: Real Estate and Stock Investment Strategies
When we do have saving to invest, where do we put it? The traditional way is the stock market. With low interest rates for the last several years, real estate has become a very popular “alternative investment”. With interest rates hovering around 8%, and the stock market seeing big swings on a daily basis, how […]