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Chapel Hill, NC Real Estate News

By Tracy Santrock, Raleigh - Cary Broker
(Santrock Realty Group Inc. ,)
A lot of people talk about how Chapel Hill Real Estate is exclusive and the affordability aspect is an issue. Real Estate sales in Chapel Hill continue to be strong. With a healthy economy, a recent decline in interest rates, and a stable housing environment it's a great area to buy a home. Through the first Quarter of 2007 the Orange county unemployment rate dropped to 3.1% down from 4.3% the year prior. The most recent population(2005) count for the area is 129,791.  The average sold price for a home in Orange County is $318,000.  The average sold price of resale homes is $298,500 and new homes is $410,600.   The average price of a condominium is $210,000 and a townhome  at $288,500.      What a big difference a few months makes.  Overall inventory has increased a whopping 23%.  Most ...
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
We invite you to visit us in Southern Village.Click below to watch a video overview of Southern Village's Market Street or scroll down for a directory of Southern Village merchants. View Market Street VideoWindows Media | QuicktimeVisit my Web site at www.YoureHomes.com
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
Moving to the Triangle area of North Carolina is a decision that you will agonize over for mere minutes. The Raleigh/Durham/Chapel Hill area is growing by leaps and bounds and only seems to get better with size, offering more shops, more entertainment and more of the quality of life that you have always dreamed of.And Meadowmont is at the heart of it all ... in the middle of Tar Heel country. Explore what the Triangle, Chapel Hill and Meadowmont have to offer.It is an interconnected community that mirrors history with its narrow, tree-lined streets and old stone walls. Behind Meadowmont is a bit of interesting history. The community gets its name from a 20,000-square-foot Georgian Revival estate that stands just above the Meadowmont community. Built by the DuBose family in 1933, the hom...
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
What's on that foot? The University not only uses the nickname "Tar Heels," but the entire state does as well. One version of the nickname's origin has the name first being applied to North Carolinians during the Civil War. One record talks of a battle in Virginia, where their supporting column retreated, but North Carolina troops fought alone. The victorious troops were asked in a condescending tone by some Virginians, who had retreated, "Any more tar down in the Old North State, boys?" The response came quickly: "No, not a bit; old Jeff's bought it all up." The Virginians asked: "Is that so? What is he going to do with it?" The reply: "He is going to put it on you'ns heels to make you stick better in the next fight." Visit TarHeel Website at http://www.tarheelblue.com/.University of N...
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
  Welcome to Chapel Hill and Carrboro, nestled in the rolling, wooded Piedmont of North Carolina. Our towns are ideally located three hours from the Atlantic coast and three hours from the Blue Ridge Mountains, allowing residents and visitors to enjoy a variety of recreational activities. As one of the three "points" of The Research Triangle, Chapel Hill, along with Raleigh and Durham, continually receives accolades for being a top location to live and do business. Most recently the A & E channel recognized Chapel Hill as the #2 city in their "Top Ten Cities to Have it All" and Money magazine rated the town as the #1 "Best Place to Live in the South." Visit the official town and vistor's websites at:http://www.townofchapelhill.org/ http://www.ci.carrboro.nc.us/ http://www.chocvb.org/ Re...
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
  YoureHomes Team Community Link is Your NEIGHBORHOOD Web site. We have first-hand knowledge of the real estate market in the neighborhoods we serve. In addition to our local real estate expertise, our knowledge of the neighborhood runs much deeper, including things such as recommendations for the best contractor, the inside scoop on favorite teachers. Our Web site is designed to help your neighborhood communicate with each other.  Enjoy and keep in touch with your neighbors. Check-out all the great and fun things. Enjoy hobbies and interests with your neighbors, monthly contests, advertise your business, birthdays, birth announcements, parties, cookouts. Use the Message Board and let your neighborhood know what's up at your home. Knowledge is power, keep your neighborhood safe and stay...
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No wonder so many people have decided to make the triangle area their home and so many more are relocating to our area daily. In the past couple of weeks news reports have hailed Cary North Carolina as one of the safest cities and best places in the U.S. to call home. This past summer Forbes magazine ranked Raleigh North Carolina and Durham North Carolina in the top 10 best cities for business and carreers. Our area schools are among the best in the Country with Chapel Hill area schools setting the pace for local public education. Area colleges and universities offer unlimited opportunity to gain a first class education and our area boasts scores of opportunities to indulge in the arts, immerse oneself in national and international culture, and join us in the celebration and rivalrys of...
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
Real Estate Advisor: NovemberThe November edition of the Real Estate advisor covers the timely topic of Selling a home during the winter holiday season, and also takes a look at the growing trend of vintage wood materials in interior design. Seller Your Home During the Holiday Season Using Vintage Wood in Modern Homes Selling Your Home During the Holiday SeasonWinter may be the most wonderful time of the year, but the holiday months can be anything but miraculous for sellers with property on the market. Traditionally the real estate world slows down significantly from early November through the beginning of January, and often sellers are the ones left in the lurch. Winter Sellers: Disadvantages Bad weather: Potential homebuyers are only human, so naturally winter's stormier conditions c...
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By Real Estate Chapel Hill Raleigh Durham Jackie Lynaugh, NC Broker/Owner
(YoureHomes.com REALTY Chapel Hill, Raleigh, Durham NC)
As the weather outside continues to remind us, summer is in the past. You may be considering some repairs around the house to prepare it for the cold months of winter. On that note, I’ve compiled a list of fall maintenance ideas to help you get started! Gutters and downspouts Check to make sure they are working properly. Fireplace and flue Repair cracks, and crumbling mortar. Check and replace gasket on woodstove if necessary. Siding Inspect exterior caulking, and repair if necessary. Storm windows and doors Check for any cracked or broken glass. Tighten or repair loose or damaged frames and repaint if necessary. Replace broken, worn, or missing hardware; tighten and lubricate door hinges and closers, and check for broken or missing glazing. Weather-stripping Inspect and repair strippin...
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By Tracy Santrock, Raleigh - Cary Broker
(Santrock Realty Group Inc. ,)
Raleigh has been sited the 4th highest housing appreciation in the country by Veros Real Estate Solutions.Most appreciation1.Seattle 11%2.San Bernardino Co. 9%3.Jacksonville, Fla. 9%4.Raleigh/Durham, N.C. 8%5.Tampa, Fla. 8%6.Tucson 7%7.Riverside County 7%8.Oakland 7%9.Los Angeles 7%10.Nashville, Tenn. 7%Least appreciation1.Rochester, N.Y. -4%2.Worchester, Mass. -2%3.Sacramento -2%4.Memphis, Tenn. -1%5.Dayton, Ohio -1%6.Grand Rapids, Mich. 0%7.Boston 0%8.Cleveland 0%9.Detroit 0%10.Fall River, Mass. 0%
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By Tracy Santrock, Raleigh - Cary Broker
(Santrock Realty Group Inc. ,)
A lot of people talk about how Chapel Hill Real Estate is exclusive and the affordability aspect is an issue. Real Estate sales in Chapel Hill continue to be strong. With a healthy economy, a recent decline in interest rates, and a stable housing environment it's a great area to buy a home. Through the first half of 2006 the Orange county unemployment rate dropped to 3.6% down from 4.3% the year prior. Orange County resale homes have gained an average of a whopping 7.77% this year. Meadowmont closed the most new homes during the first six months. The average sales price of new construction sold year-to-date is $433,000. Currently there is a 6 month supply of new homes in the county. The condo market, all price points, had the most amount of closings during the first six months. In addit...
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