Triangle Real Estate & Homes For Sale | North Carolina

Tagged as: Listing Trends, Raleigh Listings

The real estate market at it most basic and rudimentary level can be understood through basic Economics. Real estate values are driven by supply and demand. If supply increases and demand does not increase in kind housing values drop. This is know as a buyers market. While if the opposite is true and demand increases without supply keeping pace prices increase. Here we have a sellers market. This is of course just the starting point. There are innumerable reason that can cause both supply and demand to ebb and flow. This being the case an important aspect of the real estate business is listing trends. An easy way for brokers to gage where the... Read More →

Tagged as: MLS NC

There aren’t too many people who haven’t heard of a Multiple Listing Service (MLS). The most sought after function of the MLS is searching homes listed for sale. However, I’d bet most folks aren’t exactly sure how the MLS works or what other functions the MLS serves. In a nut shell the MLS is a suite of services that (1) enables brokers to establish contractual offers of compensation (among brokers); (2) facilitates cooperation with other broker participants; (3) accumulates and disseminates information to enable appraisals; (4) is a facility for the orderly correlation and dissemination of listing information to better serve broker’s... Read More →

The Triangle Business Journal (TBJ) reported today that the biotech company, Syngenta, has announced plans to expand it’s facility in the Research Triangle Park (RTP). The expansion plans, as reported in the TBJ, include leasing an additional 100,000 sqft of office space and plans to purchase 50 acres within RTP. Syngenta is a biotech company that specializes in various aspects of agricultural research. They currently employ some 400 people in The Triangle and speculation is that their expansion will add to the Durham job base. As I’ve said before The Triangle is slated for major population growth over the next 20 years. Some analyst estimate... Read More →

Tagged as: Home Buying Tips

I’m not sure where you are moving from or how people there tend to organize housing developments. In the triangle the neighborhood is king. When surfing Triangle area websites you’ll undoubtedly come across lists of neighborhoods with descriptions trying to delineate one from the next (we do some of that here too). Funny thing is, lots of these neighborhoods meld into each. So knowing definitively where one stops and another starts can be tricky business. This is not always the case; there are lots of neighborhoods (subdivisions) with well defined borders. When looking for a new home in The Triangle it would be best not to get too caught up... Read More →

Tagged as: Real Estate Trends, Trends

Real Trends is a real estate trade publication published on a monthly basis. In the November 2009 issue they reported a survey they deemed the 5% rule. The survey was conducted through their own independent research with supplemental data coming from research university giants. Simply put, the “5% rule” says that in a normal year 5% of American house holds will purchase a home. According to their findings this has been the trend for the past 30 years and is the anticipated estimation for 2010. Through some technical growth calculation Real Trends further reports that the number households in the US increase by 1.1% each year.  With these... Read More →