Posts

Showing posts from March, 2019

April is the best month to sell your home

Image
The week of April 1, is said to be the best week to put your home on the market. CNBC says homes listed the first week of April get more online attention and sell days faster than homes listed other days of the year. The number of people looking to purchase a home are the highest in April. Although, the number of listing doesn't seem to peek until summertime. Interest rates are continuing to drop, so it is a great time to buy a home. Call Regal Crest Luxury Homes, Realtor and Broker Amy Sossamon, to sell or buy a home today! 919.671.1479 More from Regal Crest: Supporting the community: Safe Space Spring Gala Alpha generation and Millennial generation: buying or renting? Home mortgage rates: rising or falling?

Supporting the community: Safe Space in Youngsville, NC

Image
Click photo to go to ncsafespace.org Sunday, May 19, 6:30 pm, Safe Space is holding a Spring Gala at: The Pavilion at Grace Haven, 726 Hicks Rd., Youngsville, NC. The admission ticket includes: Admission for 2 Chef tasting stations 2 complimentary drinks Chance to win a raffle for $5,000 There are 100 tickets available and will also include: Items for auction Cash bar  Safe Space   is a non-profit organization that is committed to reducing relationship violence and sexual assault in Franklin County, North Carolina and nearby communities. Since 1995, they have assisted hundreds of domestic violence victims and their children.  More articles: Alpha and Millennial generation: buying or renting? Education in NC, where do we rank? Top 5 family friendly cities in the US

Taking a look at the Alpha generation and Millennial generation: buying or renting?

Image
Just for fun today, let's start by taking a look at the names of our generations and the years that they were born: (these are approximate) Xennials were born between 1975 and 1985 Millennials also know as: Generation Y and Gen Next  were born between 1980 and 1994 iGen / Gen Z were born between 1995 and 2012 Gen Alpha started in 2013 and will carry through to 2025 Interesting Engineering wrote an article explaining in more detail about the Alpha generation. This generation are the "Children of the Millennials" and are the most advanced as far as technology. They are not afraid of it and are savvy when it comes to it. Looking at the Millennial generation, according to Bankrate , this generation has a higher number of college graduates, but are less likely to own a home.  The percentage of home ownership for this generation is 8% less than generations prior. More articles: Education in NC, where do we rank? Home mortgage interest rates: rising

Education in NC: Where do we rank?

Image
Picture taken from unc.edu: click pic for website Our previous post about, "Where NC falls with its economy compared to other states", was very popular with our readers. To carry on with the, "Where North Carolina ranks", theme, today we will take a look at where North Carolina ranks in education. North Carolina is ranked high as being a family friendly state.   That being said, North Carolina ranks #16 in education, according to U.S.News.  Top 5 states are: Massachusetts New Jersey Utah New Hampshire Iowa  Among the top Universities in North Carolina are: University of North Carolina at Chapel Hill (UNC) Duke University North Carolina State University (NC State) Ready to move to North Carolina? Allow Amy Sossamon to help you find your home! 919.671.1479 Regal Crest Luxury Homes

Top 5 family friendly cities in the US

Image
Photo: WRAL (click pic for link) Homes.com did research and found that Raleigh, NC is in the top 5 cities that are family friendly. What was taken into consideration: Schools Parks Cost of Living Safety Child Care and Commute Raleigh scored #2 on the list that included all 50 states. Here are the top 5: Virginia Beach, VA Raleigh, NC Charlotte, NC Tampa, FL Louisville, KY Raleigh scored 44.25 out of 50.  If you are interested in moving to the Raleigh or surrounding areas, call Realtor: Amy Sossamon: 919.671.1479

Home mortgage interest rates: are they climbing or declining?

Image
WS Chronicle According to Bankrate, the interest rates have recently fallen to 4.49% for a 30 year fixed loan. One year ago, the interest rate for a 30 year fixed mortgage was 4.54%. With the current rate, you will pay about $506 a month per every $100,000 on the loan. A 15 year mortgage fell to a low 3.83%. Other mortgage rates that fell are the 5/1 adjustable  rate mortgage (4.15%) and the 30 year fixed rate jumbo mortgage (4.43%). For more information, you can visit Bankrate.  Need help finding the perfect home to take advantage of the low interest rates? Realtor: Amy Sossamon: 919.671.1479 Regal Crest Luxury Homes

What is a Home Equity Conversion Mortgage, HECM?

Image
A reverse mortgage is a financing option provided to individuals 62 years of age or older. The program makes it easier for retirees to purchase a new primary home. If you qualify for the HECM for purchase loan, you will not have a monthly mortgage payment. This type of loan works by allowing the borrower to convert equity in the home into income or a line of credit. Take a look at this video for more details: For additional questions and/or to see if you qualify: Ron Heath, HECM specialist New Homes and communities in the Raleigh area How does NC rank in its economy compared to other states? Will 2019 be a buyers or sellers market? Reach out to Amy Sossamon for your Real Estate needs, 919.671.1479 www.regalcrestluxuryhomes.com

New homes and upcoming communities in the Raleigh area...

Image
Moorelands Manor Regal Crest Luxury Homes specializes in homes $500,000.00 and above as well as land development. In this article, we will look at 3 new and/or upcoming communities in the Raleigh are that fall under these perimeters. Governors Club i s located in Chapel Hill. Right now, they are offering 3 pieces of land that are ready to build, and 6 new homes. Moorelands Manor is offering a brand new section to its community in Raleigh. The new section starts pricing at $900,000.00. Lastly, Honeycutt Farm is coming soon to the Holy Springs area. Though the pricing is not black and white on the website, the amenities center looks beautiful and the homes look like they are filled to the brim with upgrades. Definitely a community worth looking into. If any of the above communities look appealing to you or if you would like to see more options, give Amy Sossamon a call. 919.671.1479 Other articles of interest: How does NC rank with its economy compared to other states?

How does North Carolina rank with its economy compared to other states?

Image
Photo taken from Google images: Few moves According to U.S.News, North Carolina ranks within the top 20 states as far as its economy. North Carolina ranks number 18 out of 50 states in an article published in 2018.  The top 5 states are:  Colorado Utah Washington California Florida Click here to read the rankings of all 50 states. In its overall ranking, North Carolina comes in at #23. To read about the overview of North Carolina, click here. If you interested in moving to North Carolina or moving within the state, contact Amy Sossamon, Regal Crest Luxury Homes,   for your Real Estate needs. 919.671.1479  You may also be interested in: Is it a buyers market or sellers market for 2019

Is it a buyers market or sellers market for 2019?

Image
There seems to be a difference of opinion pertaining to 2019 being a buyers market or a sellers market. Let me explain: In an article written by Investors Business Daily , there are conflicting opinions stated. Realtor.com suggests that the next 12 months will pose challenging for potential homebuyers and sellers.  On the other side, you have chief economist of the Mortgage Bankers Association, sharing that there are reasons to be positive about the housing market over the the upcoming year.  "I think next year will be closer to a balanced market for buyers, and because of the strong job market, and because you have a lot of millennial buyers entering the market, you'll see a pickup in home sales through 2019 relative to 2018," -Mike Fratantoni  To view the article in its entirety: click here Ultimately, the decision lies with the buyer or seller. A key component is to hire a trusted Real Estate agent to assist you with your sell or purchase.  Call Amy Sossam