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Water, Water Everywhere – Just Not in my Crawl Space Please!
2020 has been a very wet and damp year in the Piedmont area of North Carolina. The average annual rainfall for NC east of the mountains is between 40-55 inches. (NCSU.edu.com) The Piedmont Triad International reported that their recorded rainfall so far for this year is already 114.2 inches. Tropical ...
Continue ReadingThe New Normal in Real Estate
The New Normal: A Strong Housing Market Expected to Continue into 2021 “2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected ...
Continue ReadingJuly Market Report
For me and many of my fellow Realtors, July has been one of the busiest months in several years. Buyer demand for good homes remains high and with historically low mortgage rates adding fuel to the fire, the housing market looks to remain hot for months to come. Prices ...
Continue ReadingJune Market Update for Guilford County
Sales prices rose at a steeper rate in June than compared to the year-to-date increase of 3.9%. The number of new listings coming onto the market in June declined 6.1% compared to the prior year. This is a slight improvement in inventory compared to the year-to-date number which shows ...
Continue ReadingSo You Want to Buy a Home?
The first time you buy a home can be one of the most exciting, fun, stressful and confusing times of your life. So can the second or third or even fourth time. It's always fun to imagine yourself in a new place. A good real estate agent ensures that there ...
Continue ReadingReal Estate Rigmorole
So what is rigmarole? Here’s the dictionary definition: rig·ma·role /ˈriɡ(ə)məˌrōl/ noun a lengthy and complicated procedure. "They went through the rigmarole of buying a house." Other similar meaning words are “hassle,” “bother,” “fuss,” and “hullabaloo.” Whatever you choose to call it, there’s no doubt that buying or selling real estate can be a complicated, drawn-out ...
Continue ReadingWhat is an Escrow Deposit?
An escrow account comes in two major forms; the first is an account maintained by a real estate broker or attorney in an insured bank for the deposit of other people’s money; it is also known as a trust account. This is the dictionary definition of a trust account. Put ...
Continue ReadingThe Home Buying Process
The process of buying a home can be very daunting but if you surround yourself with the right professionals, they can make the process much less stressful and even fun. I explain the process in three separate phases: Phase 1 is the pre-offer stage. This is where you decide on exactly ...
Continue ReadingApril 2020 Housing Market Update for Guilford County
The biggest take-away from April's market update is that sales prices continue to grow. However, that growth is not quite as large as in previous months. April prices increased 2.6% over the prior year. Year-to-date growth is at 5% and the last 12 months saw prices grow ...
Continue ReadingGuilford County Parks – a Great Outdoor Resource for our Residents
Whether your idea of a great afternoon is walking, biking or paddling, Guilford County Parks give our residents a plethora of choices to get outside and enjoy nature in the city. The county operates six traditional parks that include facilities for hiking, biking, camping, canoeing, picnicking, fishing and much ...
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