Real Estate News

Cary Homes in 2011 Wake County Parade of Homes

Wake County Parade of Homes The Annual Wake County Parade of Homes has been a fall tradition for almost 50 years for wake county’s builders to showcase their talents.  Every fall builders enter new homes to be judged by the home builders association and open up the homes for the public to enjoy for three [...]

Tagged as: 2011 Parade of Homes

Home Owner’s Mortgage Interest Deduction at Risk

Do you own a home? Do you appreciate the longstanding ability to deduct your mortgage interest on your annual income taxes? Well you may want to reach out to your elected officials and let them know! A bi-partisan deficit reduction committee report recommends changes to the mortgage interest deduction and the exclusion of capital gains [...]

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Real Estate Market – National Overview

Are you a numbers person?  Interested in the housing market at a national level?  Here’s the presentation from the National Association of Realtors Chief Economist as presented at the Realtor Convention going on in New Orleans this week. Remember if you have questions about the local Cary North Carolina real estate market there’s no better [...]

Tagged as: Market Stats, National Real Estate News

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FHA Changes-Impact on Cary Homes For Sale

Back in December I blogged about possible upcoming changes to FHA loan requirements – well it’s arrived – The FHA recently announced major changes to their requirements for buyers/borrowers.  These increased standards could reduce the number of buyers that qualify to purchase Cary Homes For Sale.  The changes are aimed at shoring up the FHA’s [...]

Tagged as: buyers, cary homes for sale, Cary Real Estate, FHA, Home Loans, sellers

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Cary Real Estate Reports: Why FHA Financing Could Become Out of Reach For Many

It may become more difficult for a home buyer to obtain FHA financing.  In Washington there’s pending legislation to increase the requirements for buyers using FHA as the source of their home financing.   These new regulations would make it more difficult for buyers to qualify.  It’s called the “FHA Taxpayer Protection Act of 2009″.   The [...]

Tagged as: FHA, first time home buyers, Home Loans, NAR09, Qualifying

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David Williams & Cary Real Estate Attorney Rick Twomey offering class on new RESPA changes

David Williams and local real estate attorney Rick Twomey will be offering a class for Cary area real estate agents on the changes to RESPA (Real Estate Settlement Procedures Act) that go into effect January 1, 2010. Specifically this class will be covering the new standardized Good Faith Estimate that all lenders will be required [...]

Tagged as: Cary Real Estate Attorney, David Williams Real Estate Instructor, RESPA

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Cary Real Estate Spends a Few Minutes with National Association of Realtors Chief Economist

Last week I had the pleasure of attending the National Association of Realtor’s Convention in San Diego – One of the sessions was led by Dr. Lawrence Yun,  Chief Economist for the Association. During the presentation Dr. Yun shared his forecast for the 2010 National Real Estate Market – here are few highlights. I hesitated [...]

Tagged as: local market conditions, Market Stats, NAR, NAR09, National Real Estate News

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National Real Estate Sales Increase & Cary, NC Local Market Improves

Looking for a little good news in the world of real estate?  Last week at the Realtor Convention in San Diego, Lawrence Yun (NAR’s Chief Economist), yea can’t help the name drop – it was cool to hear his address in person! – anyway – he  reported the number of homes selling (or going to [...]

Tagged as: Cary Real Estate Market, local market conditions, Market Stats, National Real Estate News

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What You Need to Know About the $8,000 Tax Credit & Using it in Cary NC

Curious about the $8,000 Home Buyer Tax Credit???   I’m fielding lots of questions about the specifics of the Newly Revised Home Buyer Tax Credit, so instead of having to sift through lots of fluff & hype here are the nuts and bolts. I am definitely seeing an increase of buyers looking at homes for [...]

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