by Wilson Crow | Feb 3, 2012 | Market Update
Ever wanted to buy 100 rental homes at once? You just may be in luck. The government is making its first attempt of selling foreclosed properties by the truck load to investors. Your Costco card saves you 5%. In an effort to clear through the foreclosed homes owned by...
by Wilson Crow | Dec 29, 2011 | Market Update
The software company Red Hat is moving its headquarters to the Progress Energy building. Need I say, it’s good to have high paying jobs in Raleigh (psst…”avg. salary for software developer is $94,180!”). Progress Energy and Duke have been working on a merger that...
by Wilson Crow | Dec 22, 2011 | Market Update
Jobless claims. Real Estate is directly linked to employment. Last week, the number of applicants for jobless claims dropped to the lowest level since April 2008. Awesome news for real estate! If you would like to read the Bloomberg report, go to jobless claims...
by Wilson Crow | Dec 13, 2011 | Buyer News, Market Update
Congress wants their money back from their 2008 bailout…and a little premature if you ask me. But, Home-buyers, here me now…loan fees will go up. Congress is likely to approve a fee hike to recoup an estimated 38 Billion. All signs point to Congress approving an...
by Wilson Crow | Dec 6, 2011 | Market Update
Would you guess 834 square feet per person? In fact, that figure has dropped for the last 4 years. Today’s buyers are looking for “space in the right place”. But, size still matters in kitchens, bathrooms and closets. So, what will you see in the...
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...
