Buying

Home valuations have soared, is now the right time to buy or sell a home?

For potential homeowners, the previous year has been a roller coaster, but reports suggest that the real estate market in 2022 will be much more competitive. According to Redfin and Zillow, the number of new listings is at an all-time low. According to Zillow's December 2021 Market Report, there were 19.5 percent fewer properties listed at the end of 2021 than at the end of 2020, and 40.5 percent less...

North Raleigh’s Most Desirable Address

Luxury Custom-Built Homes From $1.7M Raleigh’s development firm, Arcaterra Land, LLC, has begun developing North Raleigh’s newest luxury neighborhood, Norwood Ridge. This prestigious gated community is ideally situated within close proximity to North Hills and under 30 minutes to Downtown Raleigh. The homes are expected to start at $1.7M and offer clients the option of three exclusive custom...

The Value of New Construction vs. Old Homes

254 Tamarisk Drive was listed on the Bay Area property market in early August for $850,000, and it prompted a bidding war that reached $1 million. The 1968 four-bedroom ranch, with half-century-old fixtures and a patchy grass, was not only uninteresting, but it had also been "fire charred" before it was put on the market. Despite this, the home's buyers are likely to have gotten a terrific deal: according...

Lumber Prices Are Finally Dropping After They Soared During The Pandemic

They say money doesn't grow on trees, but over the last year it did. Lumber prices skyrocketed to historic highs during the coronavirus pandemic, fueled by a demand for new homes and a surge in renovations and DIY hobbyist projects by those of us on lockdown. Now those record wood prices are finally starting to crack, and more builders across the U.S. are able to reach for their toolboxes. Robert...

Avoid these 6 mistakes when upsizing to a new home

Tired of having your already cramped bedroom do double duty as a home office and at-home gym? It might be time to upsize. But while getting more space may seem enticing, upsizing can hold pitfalls for unwary home buyers. “It is important to be aware of these mistakes because upsizing can be expensive, but if you plan it well, do your research, and shop around, it doesn’t have to be,”...

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