triangle market news & information

$50,000 Reduction - 8125 Ortin Lane

Triangle Real Estate Market News

Tuesday, 02 March 2010 02:23

The sellers at 8125 Ortin Lane have just done a massive price reduction on this amazing home - Give me a call at 919-669-7993 for more information.

Reduced $50,000

Amazing Custom Home In The Heart of The Triangle...Now Priced at $549,995

Stunning Custom Home, Unbeatable Location. Marvelous Floor Plan, All Formals, Generous Room Sizes, Nine Foot Ceilings. Easy Access To Raleigh, RTP, Umstead Park, And Brier Creek Shopping.

  • 3696 Finished Square Feet, 4 Bedrooms And 3.5 Baths Plus Bonus Room. 550 Square Feet Unfinished Walk Up Attic.
  • With A Classic Brick Front, Side Entry Garage And Elegant Placement On The .39 Acre Lot, This Executive Home In Old Stone Crossing Is Absolutely Move-In Ready.
  • The Floor Plan Is Traditional, Yet The Generous Room Sizes, High Ceilings And Flow Offer An Open Feel And Excellent Living Spaces.
  • Fine Design And Attention To Detail: Notice The Trim Work Throughout, Including Wrought Iron Balusters, Millwork And Transom Windows.
  • The Massive Family Room Featuring Built-In Cabinets And Plenty Of Room For A Variety Of Furniture Placements.
  • The Kitchen Is Loaded: Dacor Cooktop, Bosch Dishwasher, Granite Countertops, Cherry Cabinets.
  • Upstairs, The Master Suite Has A Trey Ceiling And Sitting Area With French Doors. The Master Bath Is Huge With A Whirlpool Tub, Oversized Dual Head Shower And Tasteful Tilework.
  • The Three Additional Bedrooms Are Nicely Sized. Every Bedroom Has Direct Access To A Bath Offering Privacy To Your Family And Guests.
  • The Bonus Room Offers Flexibility With High Ceilings, Plenty Of Space And Built In Bookshelves.
  • Unwind On The Huge Rear Screened Porch Overlooking The Backyard. The Rear Yard Has Been Professionally Landscaped And Terraced, Offering A Level Play Or Gardening Area For Your Needs.
  • Yard Features An Irrigation System Front And Back.
  • The Tall Crawlspace Has A Concrete Pad Perfect For Storage Of Play Or Lawn Equipment.

www.8125Ortin.com

 

Positive News for January 2010

Triangle Real Estate Market News

Wednesday, 17 February 2010 21:12

From the TBJ, all good news for Triangle January 2010 Real Estate sales numbers.  Versus 2009 - units up, prices up - the units up coincides with what I am seeing in the office but on pricing, not so sure...with the number of relists and reset sales prices, this number may be a bit off.

 

Raleigh = Healthiest Housing Market for 2010

Triangle Real Estate Market News

Saturday, 13 February 2010 11:11

The report has apparently not been released yet, but Builder Magazine is ranking Raleigh as the #1 Healthiest Housing Market for 2010 via information provided in this Triangle Business Journal article.  Builder Magazine uses a company called Hanley Wood Market Intelligence to develop their list - and different metrics such as employment rates, home price appreciation, job growth, and income growth to rank MSAs.

The article itself is about builders snapping up lots in the Triangle - with target lot price aligning for homes to be built at 300K or less -

 

December Pending Home Sales Edge Upward

Triangle Real Estate Market News

Tuesday, 02 February 2010 19:46

Here's the link.  The National Association of Realtors (c) just released their pending home sales index for December 2009.  Per their survey, pending home sales inched upward 1 percent for December vs. November - and up over 10 percent vs. December 2008.  This is considered a leading indicator for home sales (completed closings/escrows).

NAR pulls this data from local and regional Multiple Listing Services - when a home is noted in the database as "Pending" or "Under Contract" -

 

 

Monster Price Reductions at Village at Pilot Mill

Triangle Real Estate Market News

Wednesday, 27 January 2010 13:37

We have done massive price decreases on our 3 remaining homes at The Village at Pilot Mill to get these sold:

  • 1220 N. Blount Street - Reduced over $104,000 from $589,900 to $485,000
  • 1224 N. Blount Street - Reduced over $100,000 from $589,900 to $489,000
  • 1240 N. Blount Street - Reduced $25,000 to from $475,000 to $450,000

You can see the specs on the homes by clicking here and learn more about the neighborhood by clicking here - or just give me a buzz at 919-669-7993 for more information.

 

 

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