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 […]
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 […]
Back to the basics! The difference between a townhome and a condominium
The terms “condo” and “townhome” get thrown around very casually, but in reality they are quite different. A condominium owner owns what is inside the unit, while a townhome owner actually owns portions of the structure and the land underneath the home. The appeal of condos and townhomes is usually the same; the homeowner’s association […]
The Most Striking Things To Do In Winston Salem, NC
Perhaps one of the best things about the highlights of Winston Salem is the fact that they work equally well for entertaining visiting family as they do those living in the area ongoingly. Some cities have a booming nightlife or cool touristy areas to visit, but don’t have a lot going on otherwise for residents. […]
What does “as-is” really mean? Digging into the nitty gritty of the contract
When the NC Association of REALTORS made updates to the Standard Offer To Purchase And Contract in 2011, language was added making the home sale as-is. The contract now reads: THE HOME IS BEING SOLD IN ITS PRESENT CONDITION. BUYER AND SELLER ACKNOWLEDGE AND UNDERSTAND THAT THEY MAY, BUT ARE NOT REQUIRED TO, ENGAGE IN […]
The real estate market is red hot! Is this a good time to buy or should we wait for a cool down?
A friend asked me this yesterday, and this is such a great question! The short answer is that it is almost ALWAYS a good time to invest in residential real estate. Here’s why now is a particularly good time to purchase, especially if you are renting. 1. Interest rates are incredibly low. Why does that […]
Wall Street vs. Main Street; how investors are affecting our local real estate market.
Let’s face it. Not everyone can or wants to buy a home. I wish they could, and I wish they would. As you have heard me say before, there is no better way to build generational wealth than to own real estate! For the 22 years that I have been selling real estate, there have […]
3 Signs that the Triad Real Estate Market has Cooled
Plus, why a balanced market is best for sellers and buyers: “I felt a great disturbance in the Force.”- Obi-Wan For the first half of 2021, the real estate market in the Triad has been a bit crazy! However, lately, there has been a noticeable “disturbance in the Force” as things cool down. Here are […]
What You Need When Moving to Winston-Salem
In the last couple of years, I have helped people relocate to Winston-Salem from the left coast, right coast, and as far away as Peru! Some of these families were “veteran movers” for job transfers, some wanted to be near friends, and others bought a second home to cheer on the DEACS! As rewarding as […]
Winston-Salem, I miss you.
For the first time in almost a year, I welcomed a relocating buyer, and we drove around in my car. For real! I have been meeting clients at houses or having them follow me all during COVID. Yesterday, (all masked up, but in person!!) we talked about real estate, North Carolina hiking, biking, fishing, and […]