2023 Word of the Year
The forbidden phrase of the last 2 years is “what will I get for my money”? Between inflation and supply chain challenges, we have been advised to “just say yes, and say yes quickly”. In this upcoming year, consumers WILL continue to pay 2023 prices but want to know what they are getting for their money. […]
Real Estate or Ping Pong!
The 2022 real estate market was like watching a game of ping pong. There were so many back and forths and confusing messages that it is easy to look back on the last 12 months and say “what just happened”? So, wading through the distractions, here IS what happened: Interest rates rose quickly- […]
A machete, a chainsaw, and an excavator. How our 2022 was perfectly defined by one Hawaiian winter storm!
Monday’s biking day trip on the Big Island was questionable. Our group of 24 really wanted to ride the “red road” and enjoy the spectacular views of the lava rocks and the Pacific Ocean, but it was raining sideways, and the winds were blowing like crazy. After our safety talk and gear check, we regrouped […]
The Media vs. the Market
WHAT’S REALLY GOING ON IN THE GREATER WINSTON-SALEM REAL ESTATE MARKET. Home prices are falling. Interest rates will deter many buyers from entering the market. Inflation coupled with rising construction and development costs will slow new construction Year-Over-Year price appreciation has slowed. Generally speaking prices are not falling. September marked 19 consecutive months of a […]
Would The Bachelor offer your house the first impression rose?
What does “curb appeal” really mean and why is it so important? I saw this picture yesterday, and it reminded me that growing up in Texas, you could tell your team’s loyalty by looking at your house numbers painted on the curb! Of course, as a lifelong TCU fan, this is the ultimate curb appeal […]
MATCH.COM for real estate?
Friends! As you have all heard, the real estate market has gone crazy! Historically low inventory levels (very few homes for sale) are preventing families from relocating to Winston-Salem. Some sellers have become overwhelmed with the number of showings when their houses do hit the open market. How do we match buyers and sellers without […]
What 13 trillion dollars represents, and why you should consider trading homes in 2022
I hear it almost every day; “Tori, I would consider moving if I could find somewhere to move to.” The purchase market is almost at a standstill, with very few new listings entering the market. And the rental market isn’t much better, with rental rates constantly increasing. How do we overcome this obstacle? Consider a […]