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 […]
The holidays are here! 5 reasons you should sell your house NOW!
Every year, I hear the same question. The holidays are here, is it a good time to list my house, or should I wait until the spring? Should we take our house off of the market during the holidays? My answer is always the same – the best time to sell your house is when […]
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 is my home worth?
3 easy steps to determine your home’s value in any market “WHAT IS MY HOME WORTH?” That’s what sellers really want to know, right? Well, hold on just a second! Believe it or not, there are some other considerations that will help answer that question. Timing How fast do you want to sell? Do you have […]