My Blog

NAR's Update Re: Government Shutdown

October 2, 2013 2:42 pm

For all those concerned, here is NAR's information on how the government shutdown may impact real estate: http://www.realtor.org/articles/government-shutdown-updates Hope this helps. The KCM Crew

5 Reasons to Hire a Real Estate Professional

October 2, 2013 8:42 am

5 ReasonsThe real estate market is a place where most people will make their largest investment ever. It is a place where fortunes can be, and often are, made.  It is not a place, however, for you to “wing it”.

While the myriad TV shows about real estate make the process look so simple – it’s not really that simple… they make it seem like all you need to do is slap a for sale by owner sign in the yard, have one open house with fresh flowers and fresh baked cookies and bam! SOLD! in one day.  Well I can tell you that in New Hanover County, North Carolina it takes an average of 121 days to sell a home. An average means that some houses take much longer to sell and some much less than 121 days to sell. You need a professional, full time, well educated, ethical and trustworthy REALTOR to represent you whether buying or selling real estate.

Price Increases Vary Region by Region

October 1, 2013 8:39 am

Regional Prices


Buyers: Window of Opportunity Still Open

September 30, 2013 8:39 am

opportunity windowThe Fed recently announced they would continue their current pace of purchasing bonds until the economy was stronger. This bond purchasing program is the reason that mortgage interest rates are at historic lows. Rates began to increase over the last several months just on the anticipation that the Fed would announce that they would be reducing the level of bond purchases last month. When that didn’t happen, rates actually decreased (4.50 to 4.37).

NAR's Projections through 2014 [INFOGRAPHIC]

September 27, 2013 8:39 am

2014 Projections BlogSize