Home prices rose by a record 12.1% for the year ending in April according to the S & P Case-Shiller index. From March to April of this year prices were up 2.5% for the index. All 20 cities making up the index showed positive year-over-year growth for a least 4 consecutive months. Inventory levels remain […]
Archives: June 2013
Holly Springs To Get New Ballpark
The town of Holly Springs will soon be home to a new sports stadium and will partner with the Coastal Plain League, a collegiate summer baseball league, to provide a home ballpark for a new CPL team starting in 2015. There are plans for an 2,000-seat stadium that will host around 40 baseball games a […]
Rent Vs. Buy
The math can be critical when trying to make decisions about homebuying vs renting. The recent rise in mortgage rates (from record lows) has indeed made buying a house a little more expensive. According to Forbes the increase from 3.4% to 3.9% on a 30-year mortgage raised the monthly payment on a $200,000 mortgage by […]
Home Builder Confidence Surges
Home builder confidence has risen to a seven-year high in June, according to the National Association of Home Builders. The index that measures builder sentiment towards the market has jumped to over 50 for the first time since April of 2006. A reading of over 50 on the NAHB/Wells Fargo index signals that more builders […]
Why You Should Sell Your House
Over on the KCM Blog they are feeling pretty good about why now is a good time to sell your home. If many of these are applicable to your situation, it may be a good time to sell. Let’s take a look at a few of their reasons. Visit the KCM Blog to read the […]
Garner Named All-America City
We want to congratulate the Town of Garner for being named one of 10 All-America Cities for 2013. Garner was competing against 19 other finalists to win the All-America City award, which is administered by the Denver-based National Civic League. The award recognizes citizen engagement, cross-sector collaboration, innovation, and inclusiveness; it also showcases grassroots […]
Beat The Summer Heat And Keep Costs Down!
The thermometer has begun its creep up as we approach the hot summer months, and many of us have switched on the air conditioner to keep things cool inside. Oftentimes this comes with higher utilities costs for homeowners. The Yahoo! Shine site has some great ways to beat the summer heat and keep your costs […]
Rising Home Prices Means Fewer Homeowners Underwater
The number of homeowners underwater in their mortgages has dropped below 10 million for the first time in more than three years. The rising of home prices is helping to push that number down. The number of homeowners underwater stood at 12.1 million at the end of 2011. According to market research firm CoreLogic, the […]