Below is an except from an article from the News and Observer. This is great news for our market and our sellers and buyers!
Raleigh Housing Market Ranks First
STAFF WRITER DAVID BRACKEN
The Triangle has received more affirmation that it is better-positioned than most regions to emerge quickly from this recession.
Hanley Wood Market Intelligence, a California research firm, has ranked the Raleigh-Cary market first and the Durham-Chapel Hill market sixth on its list of the healthiest markets among the top 100 U.S. housing markets.
The rankings are based on home prices, employment conditions and income growth potential. This is the second Market Health report released by Hanley Wood. The first was published last year.
Jonathan Smoke, senior vice president of products and innovation at Hanley Wood, had this to say about Raleigh: "Based on end-2010 economic forecasts, we think Raleigh will be the healthiest of the largest 100 markets in the country. Raleigh comes out on top because of stronger employment conditions, moderate household income growth, and continued strong household formation. The market still is expected to see minor home price declines (approximately 3 percent decline expected for 2010 over 2009), which is one factor that keeps the market from being even stronger."
Link to article-
http://www.newsobserver.com/business/local_state/story/346681.html
Showing posts with label Coldwell Banker 10 day sale event Homes for Sale Raleigh Real Estate Midtown Real Estate Midtown Blog. Show all posts
Showing posts with label Coldwell Banker 10 day sale event Homes for Sale Raleigh Real Estate Midtown Real Estate Midtown Blog. Show all posts
Friday, February 19, 2010
Thursday, February 18, 2010
Cabin Fever Throwdown!
So for my blog this week, I wanted to let you know about a great event that will let you help a great cause as well!
David Hicks and family and The Raleigh Shag Club invite you to…
~Cabin Fever Throwdown~
Sunday, February 28th At the North Raleigh Hilton
Please come out and join us for this Hospice Fundraiser!
Doors open at 1:00 p.m. Show 2 - 7 p.m.
It is a great time with the bands, dancing, silent auctions,
"Dancing For Dollars" with the Junior dancers
(Alexis Hicks, River Harmon, Allen Lawrence, Jamie Walton, Sam Walter, Garrett and Sophia Spencer) and more!!
All kids under the age of 15 will be admitted for a donation of$5.00.
ALL proceeds go to Hospice of Wake County!!
Enjoy the sounds of…
Jim Quick and Coastline
The Fantastic Shakers
- with special appearances by Craig
Woolard and Big John Thompson
We hope you will come out and help support this wonderful event!
For more information call Karen Brown 919.691.4332
or Mike Blanchard 919.828.0890
David Hicks and family and The Raleigh Shag Club invite you to…
~Cabin Fever Throwdown~
Sunday, February 28th At the North Raleigh Hilton
Please come out and join us for this Hospice Fundraiser!
Doors open at 1:00 p.m. Show 2 - 7 p.m.
It is a great time with the bands, dancing, silent auctions,
"Dancing For Dollars" with the Junior dancers
(Alexis Hicks, River Harmon, Allen Lawrence, Jamie Walton, Sam Walter, Garrett and Sophia Spencer) and more!!
All kids under the age of 15 will be admitted for a donation of$5.00.
ALL proceeds go to Hospice of Wake County!!
Enjoy the sounds of…
Jim Quick and Coastline
The Fantastic Shakers
- with special appearances by Craig
Woolard and Big John Thompson
We hope you will come out and help support this wonderful event!
For more information call Karen Brown 919.691.4332
or Mike Blanchard 919.828.0890
Monday, September 14, 2009
Upcoming Events in Midtown
STRIDES OF FASHION
"A Red Carpet Event"
Thursday, October 1st
6:00-6:30 pm Runway Walke
6:30-9:00 pm Live Music by Ed Stephenson
Couture Fashions From
Vermillion
Scout & Molly's
All to benefit the Breast Cancer Research
&
The American Cancer Socity
This is an open air event with
Limited Reserve Runway Seating
Call Vivace @ 919-787-7747
Event is Presented by
The Spectacle
&
Vivace
Make-up by Luxe Apothecary
Hair by Von Kekel
Eyewear by The Spectable
Event Created & Organized by
Wick Morgan of The Spectacle
Be sure to come out to this great event, see some of falls must have fashions and help raise money for both of these worthwhile causes!
Friday, August 14, 2009
Midtown Homes Open This Weekend!
We have two beautiful homes open in Midtown this weekend.
Both open houses are on Sunday, and they are both on Quail Hollow Drive.
4313 Quail Hollow Drive will be open from 3:30-6:30 pm on Sunday. This beautiful, all brick two story home has four bedroom, two and a half baths, a two car side entry garage, fenced yard, HUGE deck, surround sound in the family room and so much more.
For more information on this home go to : http://www.4313quailhollowdrive.info/
4504 Quail Hollow Drive will be open on Sunday from 2:00-5:00 pm. This great home with a salt water pool also features a two car garage, wired detached workshop, tons of hardwoods, four bedrooms and three full baths.
For more information on this home go to : http://www.4504quailhollowdrive.info/.
For those of your that love the Cameron Village area, we will also be holding an open house at
1086 Nichols Drive, which is a totally redone Cameron Village Condo. This home has two bedrooms, one and a half baths, and both the kitchen and full bath have been completely redone!
More information on this home can be found at : www.1086NicholsDrive.info.
If you have any questions at all, or would like more information on the Midtown Area, please go to my website at:
Have a great weekend!
Monday, October 6, 2008
COLDWELL BANKER® LAUNCHES NATIONAL 10-DAY SALES EVENT
Thousands of U.S. Home Sellers Will Reduce Their Listing Prices By Up to 10 Percent Between Oct. 10-19
Majority of Coldwell Banker Sales Associates Surveyed Say a Modest Reduction in Listing Prices Will Help Bring More Home Buyers and Sellers Together
Majority of Coldwell Banker Sales Associates Surveyed Say a Modest Reduction in Listing Prices Will Help Bring More Home Buyers and Sellers Together
The real estate market is alot like a weather forecast...it doesn't matter to you, unless it is local. With this in mind, Coldwell Banker Howard Perry and Walston, along with Coldwell Banker International, is preparing for the 10 day nationwide home sales event.
What does this mean to you? Seller that have chosen to participate in this amazing promotion, have agreed to reduce the price of their home during the 10 days that this promotion is going on. With the number of homes to choose from in our market, and with several sellers motivated during these challening real estate times, this means that a great buy just got better. (Please keep in mind, not all sellers have chosen to participate in this sales event.)
Below is the press release from Coldwell Banker, telling more about this great promotion.
If you would like more information this, please email me at LisaColeman@hpw.com or visit my website at www.LiveInRaleighMidtown.com
*****
PARSIPPANY, N.J. (Oct. 6, 2008) – Coldwell Banker Real Estate LLC today announced a bold initiative to bring home buyers and sellers together and help jump-start the U.S. real estate market. Starting on October 10, 2008, the nation’s oldest residential real estate brand will kick-off its first-ever national “10-Day Sales Event” – during which participating home sellers from across the United States will reduce the listing prices of their homes by up to 10 percent. The Coldwell Banker® 10-Day Sales Event will run nationally through October 19, 2008.
“Despite the difficult headlines regarding our overall economy, the residential real estate market has been showing several positive signs over recent months that could be signaling a tipping point,” said Jim Gillespie, president and chief executive officer, Coldwell Banker Real Estate LLC. “Because of higher inventory, buyers have more homes to choose from and they can take advantage of near historically low interest rates and affordability levels that are the best they have been in years. The recent housing and economic recovery legislation also provides first-time homebuyers with the added incentive of a $7,500 tax credit.[1]
“Yet our research and discussions with our brokers and sales associates shows that in many markets sellers remain reluctant to list their homes at the proper prices necessary to attract buyers,” continued Gillespie. “It’s our hope that the Coldwell Banker 10-Day Sales Event will move buyers off the sidelines and into the market. We are embarking on this initiative – which has never been done before on a national basis – because we believe it is critical for Coldwell Banker, as an industry leader, to help serve the needs of those individuals listing homes with a Coldwell Banker broker and to help move the U.S. real estate market in the right direction.”
In a recent survey of 3,379 Coldwell Banker real estate professionals in markets across the United States, 56 percent said that listing prices in their market remain above where they need to be to attract qualified buyers. Additional findings from the survey include:
77 percent agreed that the majority of sellers in their market still have unrealistic expectations regarding the initial listing price for their homes
79 percent agreed that homes in their market that are priced appropriately are attracting more buyers and moving more quickly
76 percent feel that a 10 percent or less reduction in listing prices in their area is all it will take to help push these homes over the “tipping point” to a sale
“Our brokers and sales associates agreed that, even in the current climate, it will not take much movement to attract those buyers who have been watching and waiting,” noted Gillespie. “Depending on the market, a price reduction of just 10 percent or less just may make the difference in both satisfying sellers and bringing buyers to the table.”
Sellers participating in the 10-Day Sales Event will have added promotional power from the Coldwell Banker brand behind their listing. Those sellers’ listings will be specially promoted through national and local radio, print and Web advertising. The brand’s flagship Web site coldwellbanker.com will feature participating listings. Home sellers will have the option to maintain the reduced listing price for their properties following the 10-Day Sales Event.
PARSIPPANY, N.J. (Oct. 6, 2008) – Coldwell Banker Real Estate LLC today announced a bold initiative to bring home buyers and sellers together and help jump-start the U.S. real estate market. Starting on October 10, 2008, the nation’s oldest residential real estate brand will kick-off its first-ever national “10-Day Sales Event” – during which participating home sellers from across the United States will reduce the listing prices of their homes by up to 10 percent. The Coldwell Banker® 10-Day Sales Event will run nationally through October 19, 2008.
“Despite the difficult headlines regarding our overall economy, the residential real estate market has been showing several positive signs over recent months that could be signaling a tipping point,” said Jim Gillespie, president and chief executive officer, Coldwell Banker Real Estate LLC. “Because of higher inventory, buyers have more homes to choose from and they can take advantage of near historically low interest rates and affordability levels that are the best they have been in years. The recent housing and economic recovery legislation also provides first-time homebuyers with the added incentive of a $7,500 tax credit.[1]
“Yet our research and discussions with our brokers and sales associates shows that in many markets sellers remain reluctant to list their homes at the proper prices necessary to attract buyers,” continued Gillespie. “It’s our hope that the Coldwell Banker 10-Day Sales Event will move buyers off the sidelines and into the market. We are embarking on this initiative – which has never been done before on a national basis – because we believe it is critical for Coldwell Banker, as an industry leader, to help serve the needs of those individuals listing homes with a Coldwell Banker broker and to help move the U.S. real estate market in the right direction.”
In a recent survey of 3,379 Coldwell Banker real estate professionals in markets across the United States, 56 percent said that listing prices in their market remain above where they need to be to attract qualified buyers. Additional findings from the survey include:
77 percent agreed that the majority of sellers in their market still have unrealistic expectations regarding the initial listing price for their homes
79 percent agreed that homes in their market that are priced appropriately are attracting more buyers and moving more quickly
76 percent feel that a 10 percent or less reduction in listing prices in their area is all it will take to help push these homes over the “tipping point” to a sale
“Our brokers and sales associates agreed that, even in the current climate, it will not take much movement to attract those buyers who have been watching and waiting,” noted Gillespie. “Depending on the market, a price reduction of just 10 percent or less just may make the difference in both satisfying sellers and bringing buyers to the table.”
Sellers participating in the 10-Day Sales Event will have added promotional power from the Coldwell Banker brand behind their listing. Those sellers’ listings will be specially promoted through national and local radio, print and Web advertising. The brand’s flagship Web site coldwellbanker.com will feature participating listings. Home sellers will have the option to maintain the reduced listing price for their properties following the 10-Day Sales Event.
[1] Consult your attorney and tax preparer for terms, availability and eligibility and requirements.
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