The media today overwhelms us with some much data. Where is one to turn? What you don’t know about the housing market WILL hurt you…not the other way around.. It’s true; these trends may affect you differently, depending upon your situation. For example, if you have equity in your home, you’ll need to know what’s happening so you don’t lose it; but if you owe more money for your home than it’s worth or you’re facing foreclosure, you’ll need to understand these trends so you can avoid having the banks control your destiny.

So with that being said, let’s dig into whats going on in the housing market and learn how to avoid the dangerous trends that could keep your home from being sold. Everyone knows the housing market is in rough shape right? You know it, I know it, your neighbor knows it, and practically everybody else knows it, too.

Rather than ignoring what’s going on, lets study it and see how we can overcome some of the challenges it present. Don’t you agree, it’s better to take the proactive approach rather than be someone who sits around, ignores it and blames the economy for their home not selling?

Look for our second installment soon

The Triangle Society announced today it’s members will have privileges at The Club at 12 Oaks.

A private Nicklaus design golf course located in the prestigious 12 Oaks development in the heart of the beautiful town of Holly Springs, NC. The 7,132 layout of this magnificent golf course was designed to take advantage of its rich natural beauty highlighted with gently rolling terrain, plush greens and state of the art practice facility unmatched by any other in the area. The Southern style clubhouse was designed to provide sports and social activities for all members of the family.

For more information visit The Triangle Society During the month of February 12 Oaks will be offering Golf Specials

Courtesy of Jeff Dicks Real Estate

Here is your Free Report

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For Further information please contact
Jeff
919-793-4730

The “Colonial House”- a gem in a toney neighborhood that is only $ 199,000

Romantic house has 2,256 sqaure feet with 3 bedrooms, and two balconies. Close to Youngsville, and a backyard taht looks like something out of a nature magazine.

The residence is on a secluded street just west of town. Home here vary in style and composition. The home sits on over an acre lot in this sleepy neighborhood. The Colonial design has a retospective “feel” with tall columns, and two large covered balconies. The yard is lush with trees and looks like a home from a travel magazine when in bloom.

The sellers are represented by Jeff Dicks Real Estate and Keller Williams Realty . See full details of the “Colonial House” (floorplan, map, and photo’s)
at www.JeffDicks.com

Recent data released showed that JP Morgan, Wells Fargo , and Bank of America had a combined market exposure of over $20 billion in various stages of foreclosure.

The lenders are simply in over capacity and are managing best they can since “foreclosuregate” hit the presses. How these companies will manage their assets will continue to be on the forefront as the rating agencies will continue to scrutinize these companies debts and balance sheets.

New loan applications continue to crawl and are adjusting due to seasonal demand in the housing markets. The good news for those whom are able to buy a new home are in good position to take advantage of the lower rates and lower housing prices.

The Triangle market of North Carolina has slowed and we continue to see some price reduction sellers. Some sellers still refuse to lower their price and will likely continue to see longer days on market or not sell at all. In the end we there are many opportunities for both buyers and sellers to navigate the current housing market.

Courtesy of Jeff Dicks Real Estate

Quite frankly we seem to be hearing this alot lately. Some homeowners are entering the death spiral as they want to throw in the towel. Well ……not so quickly.

Two factors basically contol the sale of a home. And to be frank you can’t just blame the market. Price & Condition are completely in the control of the seller.

We have seen this time and time again so let’s start with a whole new plan and strategy for the times.

We’ve just produced a report available in print or video.

In this report, you will learn…

About the most dangerous real estate trends that are keeping homes from being sold in today’s market, and how to avoid them

How to price your home to sell…

How to position your home as a “deal” to buyers so you get flooded with buyer showings and offers, and

A lot more…

Please contact us by e-mail or phone for your FREE copy!

It appears the economic recovery is in place in the Triangle area of North Carolina. August economic data was just released today. Although, were not bounding forward the improvements are an encouraging sign and is most likely to the diversity in employment opportunities in the area. Check out the August recap here

Our feature community of the week is Weston Place in Cary, NC. Weston Place is a community developed by Forever Homes. They have done a fabulous job listening to the consumer and have a great product starting in the 200’s.

If your planning on visiting the Triangle area soon, don’t forget the Parade of Homes 2010 runs for the first three weekends of October. Lots to see and lots to do.

Forever Homes

If you would like more information on this development or others in the Triangle area of North Carolina. Contact Jeff Dicks of of Keller Williams Realty

For many the idea of moving to another city brings excitement, joy and sometimes tears. The transition is different for everyone. The uncertainty, telling your family, how will my kids make out?

Both myself and Marc Iafrate of The Capital City Real Estate Group are very familiar with relocating as we have with our families gone through the same process. Recently, we launched The Raleigh Relocation Guide This is an online resource for those thinking of relocating to the Triangle area of North Carolina. It’s jam packed with useful information on schools places to visit and our very own Top Ten Things to do in Raleigh.

For more information about relocating to Raleigh N.C or other city in the Triangle area. Please contact Jeff Dicks of Keller Williams Realty

www.JeffDicks.com

The census bureau completed the 2010 tabulations some time ago. The U.S Census data will be released this upcoming winter. If the early numbers are correct, Wake County will become the most populous in the region.

Wake County growth is expected to surge over the coming years, due to the large relocation of northeners as they continue to retire their snow shovels.

With population growth so goes the quality of life. Over the past ten-years Cary, Apex have seen large growth with publications naming the locales as “Top Ten Places ” to live in America. Setbacks aside due to economic conditions. These and many others are rebounding and beginning to see signs of new growth.

The Triangle continues to attract global interest and with it and signs point to continued expansion and more jobs.

My friend in Florida told me they have to write a big check this past weekend to get out of their house. “Were trying not to see it as a big loss, though were heading to a place where we’ll gain when we buy”

They’re leaving and moving far away.

They close on their new house in a few weeks he told me. When real estate prices were soaring, we were living high, and barely working. They borrowed and invested in real estate, as prices were moving higher so was their net worth. And then……it ended.

The days of living a life of luxury are gone as is their net worth. Both he and his wife are back to work in a new place with a new start. By deciding to turn off the pause button they have moved on and restarted their lives.

Taking a loss on your home isn’t easy. Moving away isn’t easy, the single truth is we likely won’t see real estate prices and high levels of spending for many years.

Instead of sitting around and waiting for everything to be like it was . You have a choice stay and hope or you can leave and try and make a better life.
My friend has left, and I know they’ll make it he’s already succeeding