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Showing posts with the label real estate nc

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...

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

What is a Home Equity Conversion Mortgage, HECM?

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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...

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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?

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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

Is it a buyers market or sellers market for 2019?

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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 S...