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June Market Update for Guilford County

Sales prices rose at a steeper rate in June than compared to the year-to-date increase of 3.9%. The number of new listings coming onto the market in June declined 6.1% compared to the prior year. This is a slight improvement in inventory compared to the year-to-date number which shows ...

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So You Want to Buy a Home?

The first time you buy a home can be one of the most exciting, fun, stressful and confusing times of your life. So can the second or third or even fourth time.  It's always fun to imagine yourself in a new place.  A good real estate agent ensures that there ...

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Real Estate Rigmorole

So what is rigmarole?  Here’s the dictionary definition: rig·ma·role /ˈriɡ(ə)məˌrōl/ noun a lengthy and complicated procedure. "They went through the rigmarole of buying a house."   Other similar meaning words are “hassle,” “bother,” “fuss,” and “hullabaloo.”  Whatever you choose to call it, there’s no doubt that buying or selling real estate can be a complicated, drawn-out ...

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What is an Escrow Deposit?

An escrow account comes in two major forms; the first is an account maintained by a real estate broker or attorney in an insured bank for the deposit of other people’s money; it is also known as a trust account.  This is the dictionary definition of a trust account.  Put ...

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The Home Buying Process

The process of buying a home can be very daunting but if you surround yourself with the right professionals, they can make the process much less stressful and even fun. I explain the process in three separate phases: Phase 1 is the pre-offer stage. This is where you decide on exactly ...

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Understanding the Costs of Selling a Home

If you’re planning on moving, you’re probably focused on how much your new home is going to cost. However, it’s also a good idea to understand the real costs associated with selling your current property. In fact, there are some costs and expenses you may not have anticipated. Here are a ...

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Making a Small Room Seem Bigger to Buyers

When you’re putting your property on the market, you want to make it seem as big and comfortable as possible. After all, buyers are attracted to space. However, you probably have at least one room in your home — and perhaps even more — that feels small and a little ...

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Home Safety is More than Locked Doors and Alarms

When it comes to home security, most homeowners think about door locks and alarms. These are, of course, very important. However, there is also a lot you can do around your property to prevent the possibility of a break-in. One important part of home security is outdoor lighting. Your home doesn’t ...

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Creating a Realistic New Home Budget

You’re probably aware that there’s more to the cost of a new home than its purchase price. So, to help you make an informed decision, ask yourself the following questions: How much do you expect to pay for moving expenses? Don’t forget to include packing materials in your calculations. “Closing costs” are ...

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April 2020 Housing Market Update for Guilford County

The biggest take-away from April's market update is that sales prices continue to grow. However, that growth is not quite as large as in previous months. April prices increased 2.6% over the prior year. Year-to-date growth is at 5% and the last 12 months saw prices grow ...

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