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Showing posts with the label nc economy

Are you self-employed? Mortgage loan approval just got easier for you...

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In the recent past, self-employed individuals had a difficult time getting approved for home loans. It was labor intensive, expensive and time consuming to gather all the information needed and get approved for a home loan when you were self-employed. Since it took more time and was more expensive, may lenders would not even give those types of loans a chance. But now, thanks to Fannie Mae and Freddie Mac, the process has been streamlined due to their new automated underwriting technology. The new technology allows the paperwork to be processed quicker and more accurately. Even small banks can now consider lending to the self-employed. For more detailed information. you can CLICK HERE. Regal Crest Luxury Homes Broker: Amy Sossamon 919.671.1479 More helpful real estate articles: Now is the time to purchase a premium or luxury home  April is the best month to list your home Top 5 family friendly cities in the United States

Is now the best time to buy a premium or luxury home?

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A premium home is typically a home that is priced in the top 25% of the price range for your area. A luxury home, is typically a home that cost 1 million dollars or more, according to, Keeping Matters Current.  The term, "luxury" means different things to different people. To you, it may mean a large home filled with upgrades, to another it may be a home with acres of land. To another, it may be a penthouse in the sky! Whatever your idea is of a premium home, luxury home, or dream home, know what you like and your Realtor can find you exactly what you are searching for. So, to answer the question in the title of this post... Is now the best time to buy a premium or luxury home...Yes! The market is still swinging on the side of the buyer, so now is a great time to upgrade and buy. Luxury Market Report Broker / Realtor - Amy Sossamon - 919.671.1479 Regal Crest Luxury Homes More about North Carolina: Where does NC rank as far as best for business? Educati...

Where does NC rank among the best states for business in the US?

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More good news for North Carolina! According to Forbes, North Carolina has ranked among the top 5 states for business for the past 13 years! What does this mean exactly? NC labor, energy and tax costs are well below the national average and our tax rates are the lowest in the nation. NC is highly educated as far as college educations and the growth of NC population is growing at twice the national average. All great things for North Carolina! More articles you may find of interest: April is the best month to put your house on the market Education in NC, where do we rank? Top 5 family friendly cities in the US

April is the best month to sell your home

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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?

Top 5 family friendly cities in the US

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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?

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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

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

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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