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About Forsyth County, NC

Statistics for the NC Piedmont Triad - SOLDS/New Listings/Current Actives for July 2009

Brad & Angela Lawrence - Realtors/Owners - Greensboro - Winston Salem -High Point: Real Estate Agent in Greensboro, NC
The following numbers are the New Listings/Current Actives for July 2009

Source - Triad MLS

County New Listings Current Actives
Guilford 768 4195
Forsyth 619 3383
Davidson 207 1235
Randolph 130 728
Davie 27 431
Stokes 58 289
Surry 53 455
Yadkin 26 148
Alamance 58 335
Rockingham 76 521

The following numbers are the sold homes in each county for July - 2008 vs 2009

Source - Triad MLS

County SOLDS July 2008 SOLDS July 2009
Guilford 519 383
Forsyth 417 257
Davidson 127 82
Randolph 66 62
Davie 41 16
Stokes 30 13
Surry 42 22
Yadkin 6 5
Alamance 40 27
Rockingham 45 34

After a year on the market, sells in 38 days after being staged

Chrissie Sutherland: Home Stager in Greensboro, NC

Hi again,

I'm so happy another home has sold due to the help of home staging from Ready Set Stage. This cute little house sat vacant for a year. We came in and staged it on July 13th. The owners had 2 offers last week and accepted one on August 20th. That is only 38 days!!! Yeah. Here are some before and after pictures.

Finding foreclsoure deals

07-29-09
Stephen Long
Stephen Long: Real Estate Agent in Kernersville, NC

Everyone is looking for a deal! In most people's mind that means buying a foreclosure. While foreclosures are certainly known for being a good opportunity for buying a deal. They are not always the best avenue.

In a market where the media is really preaching foreclosures we would certainly be branding with that idea. However, the market in my area is an 80-20 market. 80% of the homes are trying to sell and the other 20% are really IN the market. That 20% includes many foreclosure but also some GREAT re-sale properties that are priced very aggressively. This smaller portion of the market is a "seller's market" and those homes go fast!

So for sellers it is important to know that everyone wants a deal, so when you get ready to sell you better be in the best condition and the lowest price of all your competition. This will ensure you get sold instead of just "trying."

Buyers, don't get tunnel vision and be open to ALL the deals out there, not just foreclosures. Often foreclosed home will not qualify for FHA loans due to condition of the property. With a good re-sale you can get a turn-key home at a great price! It is important that you have a good agent advise you on any purchase to ensure that you are actually getting a deal today! Be weary of the "when the market turns" pitch! This market may be our new norm so make sure you have someone helping you plan for when you get ready to re-sale the home years down the road! For more information see us at www.TheCarolinaCrew.com

Does the lender or the real estate company matter?

07-29-09
Stephen Long
Stephen Long: Real Estate Agent in Kernersville, NC

This is a common question when people start looking at the home buying process. In my opinion and experience the name of the bank, or the name of the real estate company do not really matter.

What does matter is that you get a loan officer and a Realtor that is friendly, courteous, understanding, and great at communication. Personally I want people I work with to email or text me about most things, but then if I have a question or concern that needs detailed explanation they need to answer the phone when I call. At the very least they should return my call promptly. ESPECAILLY during business hours!

Many lenders can provide a lot of the same programs so if you find a person you like, share with them your research about another program. Many times they can match or beat the competition. Be cautious however, as many great sounding programs end up not being so great when closing time comes. For this reason you ALWAYS want to get a copy of your Good Faith Estimate (GFE) which a lender is required to give you. Then you can compare GFEs to see which really is the best deal.

As for Realtors, ,most every company will have good realtors and bad realtors. Interview a few to make sure you are getting a good one! They should be someone you get along with and can communicate well. Ask them what kind of training they have attended, what do they know about the market, are they a full time or part time agent?

In the end, a good realtor, good loan officer, and the right house will make the process smooth and exciting!

Helping sellers saving $$$ when selling their home

Brad & Angela Lawrence - Realtors/Owners - Greensboro - Winston Salem -High Point: Real Estate Agent in Greensboro, NC

Why Pay More???

We are a local real estate company serving the Piedmont Triad area since 2001!
Were offering 4 LOW Commission Plans! Great Service!
Sellers Save up to thousands in Commission.....and sell quicker!

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Buyers: Be sure to visit our website www.NC-Homes-For-Sale.com to sign up for your own FREE customized MLS search account - the best search tool available today for the Piedmont Triad!

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Brad and Angela Lawrence - Brokers/REALTORS
Multi-Million Dollar Producers
Owners of North Carolina Homes Realty, Inc.
Website: www.NC-Homes-For-Sale.com
Toll Free: 866-220-6458
Brad's Cell: 336-909-1293
Angie's Cell: 336-909-2638
Fax: 866-233-4314
Brad’s Email: nchomes2@gmail.com
BLOG: nchomesforsaleblog.com
We serve the Whole Piedmont Triad Area!
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