When Are Homes Going to Appreciate?

January
17
2011

Will homes appreciate again?
This is a trick question because many neighborhoods have never experienced depreciation.  How does that happen?  It is all about Supply and Demand as well as location, location, location. There are many, many neighborhoods that have been plugging along at 1-3% APPRECIATION PER YEAR. That’s right, appreciation, not depreciation.
For the majority, homes [...]

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Why Home Ownership Matters to America

January
14
2011

When people think of owning a home, often times the focus is on the personal impact. There are many positives, from financial and tax benefits to the ability to simply decorate and manage a home as you like. But the American Dream has more than an individual impact.
In our third installment of our series on [...]

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Knox Realty Merges with Allen Tate Company

January
13
2011

We are pleased to announce that Allen Tate Realtors has joined forces with Knox Realty, Inc., a 37-year-old, full-service real estate firm located in downtown Davidson, N.C. Over the years, we have been fortunate to partner with 17 other independent companies (this makes #18). We continue to be a company founded on real estate families [...]

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My First Job in Real Estate

January
12
2011

My first job in real estate began in January 1977 in the Washington D.C. suburb of  Sterling, Virginia (I note the month since it was during the great blizzard of ‘76/’77 in Buffalo, NY where I lived and couldn’t wait to get out).  My Uncle Paul was in the new homes’ business in Virginia and [...]

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Owning Your Own Business: Get Insured

January
11
2011

With the employment implications of a changing economy there is an increase of folks that are starting their own business. Many have decided to turn lemons into lemonade by finally taking massive action in their latent dream to pursue the ownership of their very own business.
The question is if you decide to start a business [...]

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North Carolina Homebuilder Bringing “Compact” To Real Estate

January
10
2011

My sister bought a “compact car” in 1965…a Rambler. In the 1970s I hauled a used “compact refrigerator” (for soda only!) into my dorm room. “Compact discs” rocked my world beginning in the 1980s, and then came “compact flash memory” for my camera in the 90s. “Compact fluorescent light bulbs” were on my shopping list [...]

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New Years Resolutions: Sticking to Them?

January
07
2011

Admit it.  Every year we make promises to ourselves to change for the next year. We vow to make our lives better, our body healthier, and ourselves happier.  Sometimes we succeed, and sometimes we don’t —– things can often be so much easier said than done!
This year, make an easy New Year’s resolution.  Commit to [...]

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Why Homeownership Matters To Communities

January
06
2011

Whether you prefer tree-lined streets of single-family homes, long drives with pastures right up to the front door or concrete sidewalks fronting majestic walk-ups, your home is always part of a larger community.
In this second part of our series on why homeownership matters, we explore the benefits that homeownership has on a community. According to [...]

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Greater Charlotte: Real Estate Trends in 2011

January
05
2011

As I look into the crystal ball again, this time to see what the Charlotte residential market will look like in this new year, the picture looks promising.
Forecasts on the national level are predicting increased demand in 2011.  There are 4 factors that impact housing demand:

Household Formation
Job Growth
Housing Affordability
Demographics

Economic growth leads to job growth; job [...]

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New Year Brings Big Changes to North Carolina Contract Forms

January
04
2011

As excited as I am about starting a New Year, which kicked off with the birthday of Grandmaster Flash and the Tournament of Roses Parade (I tuned in for North Carolina Central University’s Marching Sound Machine), I’m even more excited by the debut of a new Offer to Purchase and Contract form in North Carolina. [...]

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