Pat Hensley

Cary Real Estate is in full bloom .

Take a tour of the Pat Hensley Group Specials on the Cary area Luxury Homes listed below.

919-280-4567 www.TriangleNC.com

Happy Spring from Pat, Rob, Mary, Preston and Angie

Carolina Preserve Active Adult Lifestyle $435,000 Full Finished Basement View details at http://1018ventnorplace.epropertysites.com/

Village of Wynchester $640,000 .75 Acre lot. View Details at http://3521foyglen.epropertysites.com/

Enchanted Oaks $450,000 .9 acres 3400 sq ft Brick. View details http://5409bluesage.epropertysites.com/

Camden Forest $425,000 All Brick 3 Bedrooms on main level. Cul-de-sac. View details at http://117largeoaks.epropertysites.com/

Kitts Creek New $525,000 5 Bedrooms view details http://1316ledgendary.epropertysites.com/

Kitts Creek New $575,000 with first Floor Bedroom Guest suite . View details at http://6208kittcreek.epropertysites.com/

Wellington Ridge $125,000 Luxury 2 Bedroom Condo on main floor View details at http://1211rensahw.epropertysites.com/

All of these homes are bargain priced and ready for new owners....call us today and let us show you around. 919-280-4567

www.TriangleNC.com

Jerry Smith Builders has two Luxury Energy Star Luxury Villas for sale in Kitts Creek. Kitts Creek is located in Morrisville/Cary area close to RTP (Research Triangle Park).

Kitts Creek is conveniently located within 10 minutes of RTP, 5 minutes to Cary and has easy access to I-540 which will take you anywhere in town in minutes.

Here are 2 great homes finished and ready to move right in:

$575,000 6208 Kit Creek Details: http://6208kittcreek.epropertysites.com/

$525,000 1316 Legendary Details: http://1316ledgendary.epropertysites.com/

Lots are also available to build with Jerry Smith Builders. Let me show you around this great Neighborhood. Call Pat 919-280-4567 www.TriangleNC.com

Cary Ranch Homes for Sale and Cary Homes for Sale with first floor Master Bedrooms.

Cary was voted one of the fastest growing towns and the best place to start a business for 2009. With all this great publicity, we get a number of requests for Ranch style homes and homes with a first floor master suites.

Here are few great homes I am currently marketing that offer spacious first floor living....

$650,000 3521 Foy Glen Village of Wynchester

Offering $20,000 towards Buyers Closing Costs or Points to lower your mortgage payments. 2005 Stunning Builder's personal home with Loads of Upgrades. Open House Saturday and Sundays 1 to 4pm (weather permitting). Shows like a New Home. You will enjoy the large flat 3/4 acre lot that sits on a quite cul-de-sac. This Showplace home boasts Detailed Craftsmanship in every room. 12 ft ceilings grace the Main floor. The Huge Open floor plan includes a Grand Upscale Kitchen with gorgeous Granite Counter tops, Custom Cabinets, big Pantry and Barstool Island. Stainless Steel top of the line appliances include High end Gas Range and Refrigerator and microwave. There is a Huge First floor Master that walks out to the covered veranda. There is a highly sought after First floor 2nd bedroom with a full bath on the opposite side. Other upgrades include: Central Vacuum, Intercom, Gorgeous Hardwood floors on the main level. Heavy detailed Mill Work throughout. The 3rd garage bay is deep enough to fit a boat. There is also a private office above the attached 3rd car garage bay. Enjoy the Neighborhood Pool and friendly atmosphere. The location is ideal for quick shopping trips, movies. Best Schools.

$435,000 Carolina Preserve in Cary Full finished Basement on premere Lot 1018 Ventnor Place

Come enjoy Cary's premiere Resort Style Active Adult Community. Owner and guest privileges include the impressive Bradford Hall featuring Indoor/outdoor pools, a ballroom, Physical Fitness Center, Craft rooms, Billiard room, putting green and a Lifestyle Director that helps to organize daily activities. The Copper Ridge plan has a master suite, guest bedroom and a nice office on the main floor. There is a highly sought after Full Finished walk-out Basement with a third bedroom and two large game areas. Another plus is the Rare Premium Spacious lot that backs to a natural wooded buffer. Special attention was given to the kitchen which features a bar stool island and High end Stainless Steel appliances and gas range. Impressive gleaming hardwood floors greet you as you enter this open and sunny home. The bathrooms and walk-in laundry room have 18tile floors. The family room is fully open to the kitchen and features a nice gas log fireplace. You will enjoy breezy days or nights on your screen porch. Have friends over for a barbeque on the oversized deck. Call Pat at 919-280-4567 for a tour today.

$420,000 Camden Forest in Cary 117 Large Oaks

Looks like a new home! All Brick ranch style home is "move-in ready." This stunning 4 to 5 bedroom home is Located right beside the highly sought after Lochmere Golf Community in Cary. Live Close to Everything! Shopping centers, great restaurants, Golf and Tennis. Upscale features of this grand home include a Large, 1st Floor Master Suite with whirlpool tub, New interior paint, new carpets, newly refinished hardwoods, new tile floors, new hand selected granite kitchen counters, new high end Stainless Steel Double Ovens, new high end Microwave, new Stainless Steel Refrigerator, new Stainless Dishwasher along with fresh neutral paint throughout. The Vaulted and Open floor plan is easy to enjoy. Main floor Walk-in Laundry Room has a new tile floor. Off the side entry garage is a Large Workshop that is great for hobbies or extra storage. This home is tucked into a Quite, private cul-de-sac. Small easy to maintain lot. Call Pat for a tour....919-280-4567

919-280-4567 View all Homes for Sale www.TriangleNC.com

The good news for 2009 is "Cary homes are selling in all price ranges." I have a chart below that outlines each price range of Cary homes that are under contract, waiting to close. This data tells us the price range home buyers shopped in the last 30 to 45 days.

Cary Home Sales for first quarter 2009 are below. The data was taken from our local Triangle MLS.

As you look at the numbers you will see the highest demand for Cary housing has been under $300,000.

Price Total Homes Under Contract (Pending)

Under $200,000 70

$200,000 to $300,000 55

$301,000 to $400,000 36

$401,000 to $500,000 18

$501,000 to $600,000 10

$601,000 to $700,000 12

$701,000 to $800,000 10

$801,000 to $900,000 1

$901,000 + 2

I can break down the statistics for you by neighborhood, new or resale... Just give me your criteria and I am happy to send you the stats free of charge. View all Cary homes for sale at www.TriangleNC.com

919-280-4567 www.TriangleNC.com Pat@PatHensley.com

How does the final 2009 Stimulus package look for Housing .....

This is What I have heard so far:

1) Loan limits will be raised to $727,000 in high cost areas

2) The tax credit will be raised to $8,000 with NO payback...last years &7,500 tax credits have to be paid back.

3) Interest rates have come down...averaging around 5.35% for a 30 year fixed rate

4) The bill has over $50 billion in it for foreclosure mitigation

• This will be used to mitigate foreclosures through a government guarantee,
• Drive down interest rates by buying another $200-300 billion of mortgage paper thereby freeing them up to do the same with new mortgages.
• Fannie Mae has just agreed to lift the cap of 4 investment properties eligible for loans and raise it to 10.
  
  In addition, we preserved what we have - which some tend to forget is always on the table when these negotiations start up again - mortgage interest deductibles, real estate tax deductibles, and the $250,000/$500,000 cap gains exclusion (an overall package worth more than $100 billion and for some a very attractive funding source for their pet projects).

We would have loved to have gotten the $15,000 credit, the Home Builders $22,000 credit idea, or their 5 year loss carry back deal, but they were considered too rich for this program. However, the bill did take the debate off of whether a tax credit should be reinstated at all (it expired last year), or whether it was a true credit or a repayable loan, and kept the conversation on how much it should be. It also kept the debate off of 'what we are willing to give up to get a $15,000 tax credit' and kept the debate on how much it should be.

Source National Association of Realtors

919-280-4567 Pat@Pathensley.com