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. […]
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 […]
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. […]
Choose & Cut vs. Tree lot- the first decision of the holidays is a big one!
When I graduated from Wake Forest and found myself living in Winston-Salem, I was intrigued by this idea of going to the “mountains” and cutting your own Christmas Tree. I didn’t really understand the concept, and couldn’t see myself as Paul Bunyan! I didn’t have a blue ox to help, but I did have my […]
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 […]