Steve Hamilton's (homesbysteve) Blog

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Real Estate Broker/Owner - Fonville-Morisey Realty
RECENT BLOG POSTS
Below are some highlights from 2007 Wake County Residential Real Estate Activity. The highlights are as follows:- resale inventory increased by 37%- every geographic area in Wake county saw double digit increases in inventory.- there is a 4 month supply of housing inventory vs 3 months at the end...
02/01/2008
The last revised tas assessment in Wake county was in 2000. And in 2000 there were many concerned homeowners just like today. Now if you lived within the City limits of Raleigh in 1999 the tax rate was $1.279 per $100 of tax value. In 2000 after tax values had gone way up with the new assessment ...
12/12/2007
How can you appeal the new valuation?Many homeowners in the area were surprised to see the assessed value that the county came up with in the recent tax revaluation.  Included with the revaluation was the information about appealing.  Click here to read the information supplied on the Wake County...
12/12/2007
Recent home sales in Wake county have definitely slowed. Sales of detached homes in Sept '07 were down over 18% from Sept '06. This slow down can be traced back to June/July when the number of showings reported by Centralized Showing Service started to trend downwards. This decrease in showings w...
10/30/2007
In the recent October municipal and county elections voters overwhelmingly approved bond issues that will add to the Raleigh parks/greenway system, new recreational buildings and the addition of a new 65,000 square foot class room building at Wake Tech's recently opened north Raleigh campus. Also...
10/14/2007
Wake county North Carolina continues to experience tremendous population growth. According to U.S. Census Bureau stats Wake county grew by over 326,000 people between 1980-2000, more than doubling the population in 20 years. Estimates put the total population in 2006 at 785,000 and project breaki...
10/05/2007
Brier Creek continues to enjoy strong appreciation rates. While house prices in Wake county increased by about an average of 5% Brier Creek saw double digits at 10.5%. Clearly home buyers are attracted to the wide variety of shopping and restaurants, close proximity to RDU airport and RTP and the...
10/04/2007
This is the million dollar question if you are thinking of buying now. We have all seen in the national news about the real estate meltdown taking place around the country. Add to that the sub prime fiasco and it can be pretty scary. But you have to keep in mind that real estate markets are local...
10/03/2007
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Steve Hamilton

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