Kernersville, NC Real Estate News

By Bonner Thomason, CRS, ABR, GRI, e-Pro
(Keller Williams Realty)
Today's real estate news gave an idea of regional strength and weakness. The real estate market of the southeast has been somewhat odd in that from state to state there are specific issues that are influencing the new construction industry. In North Carolina there is still a steady growth with respect to projects that were started and now being completed. It is hard to track the number of developments and the stage they are at. The absorption rate stayed in an equilibrium for the growth of our area and the reaction of builders adjusted well for the real estate market. The silver lining is that perhaps there will be the realization of the value of Realtors. The steady growth of both numbers and value of real estate in the triad area of North Carolina is a good example how to ride the cha...
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By Bonner Thomason, CRS, ABR, GRI, e-Pro
(Keller Williams Realty)
Real Estate has begun to embrace the environmentally friendly idea. This is the point to lay the ground work for generations and allow for a continuum of new ideas. Having things like better insulation, tight windows and tank-less water heaters are essential and should be applauded. Builders and architects have taken the ground up approach of positioning the house in order to use natural resources like the sun and time of day. Industry is gearing up with major company producing the t-8 light bulbs that save energy. Power companies are giving analysis on " " Points and areas within homes to increase energy savings. This are great fist step actions and have been evolving for some time. Having a ZERO waste policy at construction sites is an idea that has not been seen much. again as more o...
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By Bonner Thomason, CRS, ABR, GRI, e-Pro
(Keller Williams Realty)
I have heard that 38.? % of statistics are made up. This morning I pulled the closed real estate totals  for 10/06 and 10/07 to see the comparison. The surprise was that in October 06 there were 14521 real estate units closed and in October 07 there were 14181 real estate units closed. In the triad real estate market, homes rarely see a huge appreciation based solely on sales in the area. Most price increases of particular homes can be due to the owner doing upgrades and updating. There are the paint flippers (as I call them) who by merely staging, improving curb appeal and using stronger marketing have made a particular home give the appearance of appreciation when this is a smart investor maximizing the return on investment. Without being a statistician smith and trying to extrapolate...
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By Bonner Thomason, CRS, ABR, GRI, e-Pro
(Keller Williams Realty)
There is now the buzz word Green Building that has the attention of both Sellers, Buyers and Realtors.Recently WS Board of Realtors had a bus to a green community to view methods and types of construction. There were several issues that i felt had room to improve bring the cost into a competitive range. Having an on site recycling center would greatly reduce the amount of land fill space used and give an example to future home owners. This does not have to be unsightly and can be to promote the "green" philosophy. Another aspect is the the recycling (as it were) of existing homes. This will come from consumers and Realtors in the form of demanding products that are energy wise. The next step that is coming up is the tank-less water-heater. This is brought up often and more consumers ask...
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By Bonner Thomason, CRS, ABR, GRI, e-Pro
(Keller Williams Realty)
The Kernersville Real Estate Market is holding strong because it is the heart of the Triad. Kernersville is a great place to live, work and retiree. There is a strong diverse group of industry and services in place, as well as being poised for growth well into the next decade. Centrally located between Winston Salem, Greensboro and High Point gives Kernersville the location that allows for ease of access and affordability of living. There is somewhat of a spring ready to uncoil and is on the radar of many different types of investors. Steady growth has contributed to attractiveness of our area. The gentle climate and close travel times to beaches and mountains is great for short and long mini vacations. Please visit http://www.realestateworkhorse.com/ for area information and Real Estat...
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Kernersville, NC Real Estate Professionals