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Raleigh Cary Realty - George Wilson

Raleigh Cary Realty is growing!!

More and more agents are contacting Raleigh Cary Realty about what we have to offer and apparently we must have the right answers!

If you are looking to keep 90% or your commission and have very low monthly fees ($50) check us out if you are an agent in the Triangle area!!

Below are agents who have joined in the last two weeks who I would like to welcome!!

Tina Medlin

1-(919)-395-6073

www.tinamedlin.com

tmedlin@mindspring.com

Jeanne-Marie Wittig

1-(919)-810-4150

www.JeanneWittig.com

Homes@JeanneWittig.com

Paulina Bohorquez

1-(919)-255-8586

www.PaulinaRealEstateTeam.com

paulina@pretinc.com

Rama Polefka

1-(919)-924.4040

http://allcary.com/

Info@allcary.com

For more information on what we have to offer visit:

RaleighCaryRealty.com

Halloween is in the air: The news is trying to scare people in our market!!

I watched the local ABC news channel tonight when they stated that statistics were out this week showing homes in the Triangle, NC area are depreciating slightly and there is an 11 month supply because of all of the competition.

Nothing more nothing less. Not where they got these numbers. Not how much they are depreciating. Not what price range. Not the time frame they were using. Type of home, new or resale? That was their story. Not even a clear definition of the Triangle because I guarantee there are some differences of opinon on that. Just your homes are losing value and sitting on the market for 11 months.

That certainly is not what I have read and knew to be the case just a few weeks ago. Where are they getting their information?

Where do we find some of the facts & figures the news industry quotes? Isn't it their job to report better information and their sources. I guess it is just about a story people will listen to.

Why do they feel the need to make such a broad statement without any preface? Do they want to scare the public? How does that help the Triangle area? I am not saying not to report negative information but report all the facts not just scare tactics.

I just wanted to know if any of you have the answers?

Before I end this I want to share with you some quick info I pulled from the Triangle MLS just now:

Here are all of the homes sold in the Triangle MLS the last 30 days back, 90 days back, & six months ago in Wake, Durham, & Orange County not taking any of the 2064 Pending and 319 Contingent homes into the mix.

  • 30 Days Back: 12,147 Active - 1294 Closed Making it 9.34 Months on the Market
  • 90 Days Back: 12,147 Active - 1523 Avg. Closed a Month Making it 7.97 Months on the Market
  • 6 Months Ago: 12,147 Active - 1763 Avg. Closed a Month Making it 6.88 Months on the Market

Once again only the homes in the Triangle MLS and I still have to figure the appreciation later but everything I have read and seen has us at a slight appreciation with fewer homes selling.

Those are my facts on the time on market and I if I go to my usual price range below 300K it gets even better for the Triangle.

Lesson learned?

Know the facts and be able to tell them because there is a good chance you local news is not and it is up to real estate professionals to educate our clients on the local market! The good and bad as it pertains to them.

Great home in Willow Spring!

George Wilson Team | Raleigh Cary Realty | homes@georgewilson.com | 919-772-5614
104 White Oak Farm Drive, Willow Springs, NC
RENT TO OWN on Great 3Bd Ranch w/Hardwoods, WIC, Huge FLAT Yard & More!
3BR/2BA Single Family House
offered at $125,000
Year Built 1997
Sq Footage 1,150
Bedrooms 3
Bathrooms 2 full, 0 partial
Floors 1
Parking 4+ Uncovered spaces
Lot Size .92 acres
HOA/Maint $0 per month

DESCRIPTION

RENT TO OWN on Beautiful Split Bedroom Ranch on almost 1 acre! Front porch & nice Deck to enjoy yard! Pergo hardwoods in Kitchen! Cathedral Ceilings in Large Living room! Updated tile flooring in master bath and spacious Master Bedroom with Walk-In Closet! Great Floorplan and flow with tons of Natural Light! Pets OK w/approval/deposit! Offered for Sale MLS#1623747

see additional photos below
PROPERTY FEATURES

Central A/C Central heat High/Vaulted ceiling
Walk-in closet Hardwood floor Tile floor
Living room Dishwasher Refrigerator
Stove/Oven Washer Dryer
Balcony, Deck, or Patio Yard

ADDITIONAL PHOTOS

Seller contact info:
George Wilson Team
Raleigh Cary Realty
919-772-5614
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Oct 1, 2008, 9:09am PDT

Raleigh, N.C. - "Great Place to Live but I wouldn't want to Visit!"

That is what I use to tell all of my friends and family about the Raleigh area in reference to the remark you normally hear, "it is great place to visit but I wouldn't want to live there"(and no it was not because I did not want them to visit, at least most of them).

They still came though and we would jump in the car and drive to Wilmington for the ocean or Asheville for the mountains to have something to do. We still do now, but it is not out of desperation of finding something to do, it is because they are great places to visit too.

We are definitely a great place to live with a vibrant local economy not dependent on any one sector, beautiful surroundings and climate, and wonderful schools (if only they would quit reassigning them), but now we are on the map with more cultural events and we even have an NHL team the Carolina Hurricanes. Who would have thunk it back in 1995 when I first moved here!

Just this weekend we have Cary's Lazy Daze, a free concert in downtown Raleigh with Puddle of Mudd & Eve 6. We are finishing an awesome new Raleigh Convention Center and Broadway Series South tours through our Raleigh Memorial Auditorium on a regular basis. These are just a sample of things to do with new activities and events happening here each weekend for all stages of life.

So come on down and have a great time! We actually have things to do!

If you are having trouble finding them a great site to visit is:

http://www.visitraleigh.com/index

For information on housing or to find a home visit:

www.georgewilson.com

Picture of Cary's Koka Booth Amphitheatre another great place for concerts!

Kids Together Park, Cary, NC - And subdivisions around it!

A beautiful and well maintained park for kids and families is the Kids Together Park in Cary, NC!

Entrance Kids Together Park

It was a very hot day this past weekend but we had to get our three year old out of the house before he destroyed it. If you live close to this park it is in a great vicinity near Cary, Apex, & Raleigh, NC.

This is a great park to visit even on the hot days! It has a lot of shade and a great shelter. Even places your kids can play in the water and dirt (so be prepared for that)!

I thought I would post a few pictures of it and mention a few subdivisions nearby in case anyone is interested in getting their kids out of the house or looking to move and want to be near a park!

Swing in the shade!

Swing in the shade or run in the sun enjoying the slides and bridges. Oh yeah, it is fun for adults too!

A great place to sit while your kids play on what my 3 year old, Blake calls a rocket ship! The canopy & trees help keep it from getting too hot!

I had to put at least one picture in here with my son Blake! Great little picnic area to sit in the shade and watch just past them is a little faucet and dirt to run water and get good and dirty (or good for you know to make sure your kids do not see it).

For more informationn about the park here is the site for it: http://www.kidstogethercary.org/ThePark.htm

HOUSING INFORMATION within 2 Miles:

Within a 2 mile radius, there are currently 177 homes for sale which sounds like a lot but there has been 88 closed within the last 90 days, 36 currently pending and 6 with contingency offers.

The active homes go from an $85,000 condo to a 3.5 Million dollar home! A slight difference.

Sold homes are $91,900 to $1,330,000 with an average of 72 Days on the market.

Subdivisions within 2 miles include (Raleigh & Cary, NC):

Lochmere Subdivision from $210,000K to over a million, MacGregor Downs from $275,000 to 3.5 Million, Stonebridge Subdivision from $239,000 to $399,000 and the list goes on.

More Subdivisions:

Coventry Glen, Coventry Woods, Glenwood Forest, Franklin Chase, Kildaire Farm, Lionsgate, Pepperdine, Wimbledon, Wellington Park.

To search for these and other homes on a great map search feature and tradtitional if you prefer that visit:

www.RaleighCaryRealty.com

www.GeorgeWilson.com

We will be happy to help you look at any of these homes and or answer any questions you may have!