Dog Days of Summer

Thursday, August 27th, 2009

It’s official School bells are ringing.  Another summer is rolling to a quick end. For many parents a relief, for others the fall activities begin football, soccer, basketball and my all time favorite hockey. I am somewhat biased on the hockey front as I am a Canadian living in the great state of North Carolina.

For any matter fall is approaching along with some cooler temperatures. The days at the beach are coming to end for the vacationers and back to work they go.  All in all summers are pretty much great  wherever you go and each season brings endings and new beginnings.

This summer has been no exception and my kids will certainly miss the pool when it closes after labor day weekend. The activity chart for our household will shift to school projects and most definitely a weekend excursion to Asheville, North Carolina for some wine tasting, golf and majestic views.

Oh, don’t let me forget my other favorite the Parade of Homes in October !

Cheers

Real Estate Showing Signs of Life

Wednesday, August 5th, 2009

Pretty much whenever I go for a coffee, I have a conversation with folks and inevitably we talk about Real Estate.  “How’s the market?” to which I always reply “It depends” Fortunately Raleigh, Cary and the Triangle area have not sufffered as dearly as other parts of the country. With a large number of properties on the market it will feel like a lifetime before things improve.

As the old saying goes “One man poison is another one’s punch” To that end short sales, foreclosures have helped some get into the market where at another time they have not had the luxury.

The good news is we are seeing a positive change in the Raleigh, Wake Forest and Rolesville market. One could opine that it is the historically low interest rates, the first time home-buyer credit for $8000 or perhaps sellers are finally lowering prices. Buyers are coming into the market we are moving inventory.

In the end the meeting of the minds, or a reasonable Buyer and Seller negotiation with a great agent will get the job done.