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I have said previously that even though there are inflationary pressures out there, I did not feel that the lid on interest rates was going to be taken off during this election year.
Interest rates are very vital in the recovery of this economy. YES – housing needs to recover if the economy is going to [...]
Bet you didn’t expect me to say that, did you? Yes, we need your home to sell. In April alone, we listed over 1,200 homes in the Carolinas but placed close to 1,600 under contract. Our Sales Units Year-To-Date are up 37 percent from last year. Our closed units are up 31 percent and our [...]
Mother’s Day is this Sunday, May 13, 2012. Traditionally, this day is set aside to honor and celebrate our mothers.
Mother’s Day is celebrated all over the world on various days of the year, most commonly in March, April, or May. In the United States, Mother’s Day became an official national holiday in 1914, when [...]
It’s mid-May, which means Triangle-area Colleges and Universities are deep into their Spring Commencement ceremonies. Graduating seniors are eagerly awaiting words of encouragement and wisdom from a fascinating variety of commencement speakers.
Case in point, former NC State Wolfpack quarterback Phillip Rivers, now the starting quarterback for the NFL’s San Diego Chargers, will deliver the commencement [...]
The title of oldest public university in the country is actually claimed by three different universities – the University of North Carolina at Chapel Hill, the University of Georgia, and The College of William and Mary .
The claims of each:
The University of Georgia is in Athens, Georgia, and was chartered in 1785, making it [...]
The trend continues. We are well into the Spring buying season and a stable pattern of growth is developing. It is very hard to believe, but inventory levels are so low that there just aren’t enough homes for sale to satisfy the buyer demands.
Speculative new home building has been left to a very few national [...]
As you may have heard, the federal government has implemented a new tax on real estate transactions that will become effective January 1, 2013. There are many misconceptions about properties and taxpayers that will be subject to this new tax – read on for some good news if you are concerned!
The tax is NOT on [...]
Legend has it that on May Day (May 1st), small baskets (called May Baskets) are filled will treats or flowers and left by a suitor on a paramour’s doorstep. Upon ringing the doorbell, the giver of the basket flees. If caught by the intended recipient of the gift, a kiss is in order. (This traditional [...]
There’s a lot in the news about the hot rental market. As I have said previously, we Americans don’t do anything in moderation. Because rents are high and rising, what are banks lending money for? Yes – building more rental units. I predict the following as interest rates increase, and they will, and prices [...]
Recently, there has been much press coverage following discussions in Washington about the Mortgage Tax Deduction. The debate has mostly been focused on reducing the deduction for “high income” (over $250k) buyers and second homes.
However, a recent survey sponsored by the National Association of Home Builders (NAHB) and conducted by Public Opinion Strategies revealed that [...]
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