by Wilson Crow | Nov 28, 2011 | Market Update
I follow a bunch of housing statistics. But, one stat really caught my eye …The Number of Homes Available for Sale (aka “inventory”) is lowest in 6 years. As inventory drops, sellers regain leverage. What does this mean for the housing market in Raleigh, NC? To begin...
by Wilson Crow | Nov 23, 2011 | Up for debate
Or, so says a recent study by two professors at UGA. The street or neighborhood name “Country Club” increases the value of a home by 9.3%. So, how much value do you add for Psycho Path or Divorce Court? I am sure the figure- “9.3%” is...
by Wilson Crow | Nov 21, 2011 | Market Update
“To the left, to the left…everything you own, in a box to the left” -Sing it Beyonce. Sorry men, she is the breadwinner. Study shows that almost twice as many single women bought homes compared to men in 2010. I hope my Marketing Professor is...
by Wilson Crow | Nov 17, 2011 | Market Update
Judging from home prices, we value it a lot! Neighborhoods located in high ranking school districts have withstood the foreclosure crisis far better. Looks like I’m giving out pencils next Halloween… It comes as no shock that schools are a major driving factor...
by Wilson Crow | Nov 14, 2011 | Miscellaneous
Just read about a real estate developer who bought a farm for 40.8 million in 2005. Developer went bankrupt and a farmer just bought the land back for 8 million in September. Don’t let the overalls fool ya… What does this mean for real estate? Simply put, it...