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Team Jodi - Chapel Hill Real Estate, Durham Real Estate

5 Days and Counting: UNC/Duke Matchup 2009

5 Days and Counting and it’s looking more like a matchup for the record books. This has not been a good week for Duke. After a miserable performance in the loss at Clemson, many people are asking, “Who was that team?”. Next on their schedule is a home game on Saturday, Feb. 7th against Miami. Carolina meanwhile, breezed through their contests with NC State & Maryland. Up next for the Heels is a Saturday afternoon game against the Virginia Cavaliers.

A House Divided

At this point, both UNC & Duke have identical ACC records of 6-2 and are tied for first place. Their national rankings are identical as well. #3 in one poll and #4 in another. Could it be any better? If both teams come through the weekend with wins, the matchup on Wednesday will pit 2 teams with matching records against one another for the lead in the ACC. You gotta love college basketball in general, ACC basketball in particular and the battle of Tobacco Road specifically.

Who do you think will have the lead in the ACC when the final buzzer sounds on Wednesday night? You know who I think will be #1, how about you?

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Durham Homes For Sale -- 2008 Market Stats

The 2008 Year End data are out for Durham

  • Durham homes for sale -- Closed sales in Durham declined 26% in 2008.
  • Durham did better than Orange County which saw a 29% decline and the rest of the Triangle where overall sales were down 35%.
  • The current supply based on 2008 closings is 6 months. This is slightly better than the rest of the Triangle area market which has a 7 month supply.
  • The average sales price for Durham was $196,400, which is down 2% compared with 2007.
  • The average days on market for resale homes was 75 and the average was closer to 122 for new consruction. The annual average for Durham was 84 days which again is better than the annual average for the Triangle overall which was 100 days.
  • Although we saw an average decline in prices from 2007 to 2008, the average percent per year gain for resale housing located in Durham has been 2.11%. The national average for housing is -8.9%.
  • Overall, the Durham real estate market is fairing pretty well.

Source: Triangle MLS and The Triangle Area Residential Realty Report (TARR Report).

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Chapel Hill Real Estate - 2008 Market Stats

The 2008 Year End data are out for Chapel Hill and Orange County

  • Closed sales in Chapel Hill and Orange County declined 29 in 2008.
  • Chapel Hill and Orange County did better than the rest of the Triangle where overall sales were down 35%.
  • The average days on market for resale homes was 77 and the average days on market for new construction was 132.
  • The current supply based on 2008 closings is 7 months. This tracks with the rest of the Triangle area market.
  • The average sales price for Orange County was $322,100, which is down 8% compared with 2007.
  • In Chapel Hill-Carrboro, the average sales price was $362,531, which is down 7% from 2007.
  • In looking at single family homes ONLY in Chapel Hill-Carrboro, the average sales price was $464,440. This represents a 3% decline from 2007.
  • Although we saw an average decline in prices from 2007 to 2008, the average percent per year gain for resale housing located in Orange County has been 5.24%. The national average for housing is -8.9%.

Source: Triangle MLS and The Triangle Area Residential Realty Report (TARR Report).

Click here to learn more about Team Jodi and our services

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Click here to Search listings throughout Chapel Hill, Carrboro, Durham and the surrounding Triangle NC area, click here.

12 Days and Counting: UNC/Duke Matchup 2009

 

Once again, after only a week, the ACC race is even more up for grabs than it looked like last week.  Carolina went to Tallahassee to face Florida State on Wednesday and it was a nail biter...but in True Carolina Blue fashion, the #5 Heels pulled it out at the buzzer 80-77.  (Thank you Ty Lawson) This gives UNC a 4-2 ACC record and 18-2 overall heading into the weekend. 

Duke however, was on the opposite end of the buzzer beaters, falling to #6 Wake Forest on a last second layup, 80-78.  This gives the #1 Blue Devils a 5-1 ACC record and 18-2 overall.

Can the matchup in 12 days get any closer?  This puts the Heels just 1 game back of Duke in the ACC standings and they have identical 18-2 overall records.  This could be one for the history books folks!  Each team has 3 games before the BIG CONTEST.  Of those 3 games, each plays home twice and one away.   Up next for the Heels is an away game against a hungry NC State Wolfpack team and Duke's next opponent is a ravenous Virginia Cavalier team. 

Cameron Indoor Stadium

What do you think the records will be for each team come the Duke/UNC matchup?  Will one team be stumbling and the other on a roll?  Or will both come into the contest riding high.  It really doesn't matter.  Both teams will be pumped and ready. 

12 Days from now, the intensity of the 2009 rivalry will be at full throttle - "which is the best shade of blue?"  And the best part...it all starts over again immediately, the rematch happens on March 8!

School Redistricting and Walk Zones - Chapel Hill-Carrboro, Durham & Wake County, NC

In some school districts there is essentially "sacred ground" when it comes to redistricting. I am referring to Walk Zones. In Chapel Hill - Carrboro, a walk zone is considered any property within 1.5 miles of a school. This 1.5 miles must incude a sidewalk. For example, I live in Ironwoods which is less than 1.5 miles to Seawell Elementary but because there is no side walk all the way to the school, Ironwoods which way back when was districted to Seawell was redistricted to Carrboro Elementary. In contrast, neighborhoods like Cates Farm and Sunset Creek have side walks all the way to McDougle Elemenatary and Middle Schools.

The Chapel Hill-Carrboro School System actually has the School Assignment and Reassignment Policy Code: 4150 which states, "Walk Zones - Student residing within Board of Eduction approved walk zones should not be redistricted to schools not served by that walk zone."

Based on the above policy, when there has been redistricting in Chapel Hill - Carrboro, neighborhoods in a true walk zone have not been redistricted to other schools. Other examples of walk zones are Colony Woods and Ephesus Elementary; Meadowmont and Rashkis; Southern Village and Scroggs; Chesley, Silver Creek, and Chandlers Green and East Chapel Hill High; and Homestead Village and Chapel Hill High.

In Durham, the Department of Public instruction, only has a walk zone policy with regard to the three elementary magnet schools (Club, RN Harris and Burton Geo World). Specifically, if a student lives within .5 mile of one of these schools, then they can attend without going through the "magnet application lottery process." There is no such policy for magnet middle or high schools and no policy in regard to schools on regular or year-round schedules.

Wake County does not have a walk zone policy.