|
Scroll down to see market updates for Durham, Orange and Wake County. Durham County New listings have decreased from 454 to 362, by 20.3%. Closed sales have decreased by 30%, from 337 to 236. Average sales price increased by .7% and median sales price increased by 1.4%. Days on market increased from 36 to 37 days.  Orange County New listings decreased by 17.6%, from 159 to 131. Closed sales decreased by 41.9%, from 117 to 68. Median sales price increased from $294,450 to $305,050. Average sales price decreased from $355,229 to $333,877. Days on market decreased by almost 4%.  Wake County almost 4%. New listings decreased by 14%, from 1,920 to 1,651. Closed sales decreased by 23%, from 1,302 to 1,003. Median and average sales price both increased, by 1.8% and 5.9%, respectively. Days on market remained the same as in January. 
0 Comments
Get informed about discount and online brokerages and learn all you need to know before opting to go without a traditional real estate agent. With these services, you may not get all of the great services you deserve and will get with traditional brokerage. With traditional brokerage, you will end up with more money in your pocket, better client care and communication and a lasting relationship after the sale.  Five valuable things buyers and sellers want to know about a transaction, like crafting a smart offer or staging the home for showings. This is a very practical piece to demystify the real estate process and help those who were hesitant to jump in feel more comfortable. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.   Scroll down to see market updates for Durham, Orange, and Wake counties Durham New Listings have increased from 428 to 459, while closed sales have increased by 44.8%. from 248 to 359. Both the average sales price and the median sales price has increased by 17.3%. The average sales price increased from $261,674 to $306,865, while the median sales price increased from $261,674 to $306,864. The days on the market increased from 29 to 35. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.  Orange New listings in Orange County have decreased by 16% from 175 to 147. Closed sales have also decreased from 96 to 83. Both the median sales price and the average sales price have increased. The median sales price increased from $295,000 to $314,000. The average sales price increased from $367,249 to $394,864. The days on the market have increased by 6.2% from 65 to 69. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.  Wake New listings in Wake County have increased by 5% from 1,870 to 1,963. Median sales price and average sales price have both increased by about 5%. Median sales price increased from $299,900 to $317,350. The average sales price increased from $341,725 to $260, 762. The days on the market have increased from 35 to 39 days. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.  Check out these tax tips and changes for the 2019-2020 tax years. CLICK HERE to find out more about Carl's process when selling or buying a home. Ask Carl about his Signature Listing Service. CLICK HERE for The Tax Adviser Filing Season quick guide from the AICPA   CLICK HERE to find out more about Carl's process when selling or buying a home.
Ask Carl about his Signature Listing Service. CLICK HERE for The Tax Adviser Filing Season quick guide from the AICPA Approximately 11.4 million Americans received a tax refund in 2019. Rather than pocketing a little extra cash, here are some productive ways to put that money to work. CLICK HERE to find out more about Carl's process when selling your home. Ask Carl about his Signature Listing Service.  CLICK HERE to find out more about Carl's process when selling your home. Ask Carl about his Signature Listing Service. CLICK HERE to visit The Tax Adviser Website from the AICPA.  Do you want to protect yourself from Real Estate wire fraud but don’t know where to begin? Carl Johnson Real Estate can help. Real Estate wire fraud is not a new phenomena, but instances have increased immensely in the past few years. The FBI reports that since 2015, there has been a 1,100% increase in the number of reports and a 2,200% increase in money lost from these types of scams. This kind of wire fraud occurs when criminals hack into their emails and impersonate Real Estate professionals, then send the buyer instructions on how to make their closing wire transfer to a false account. These criminals target individuals making wire transfers during the home buying process and since these transactions involve multiple parties, the criminal has many vulnerable agents of whom they can take advantage. Homebuyers are easily tricked into sending their money to the wrong recipient because everything about the fraudulent email could look real, including the names of the agents involved. In fact, 52% of homebuyers have no knowledge of Real Estate wire fraud (Closing Lock), which is why it is so important to stay informed and protect yourself or your client. If you are a homebuyer trying to protect yourself against wire fraud, here are some things to keep in mind: ✔️Always confirm any emails regarding transferring money with your agent. One phone call could save your money. ✔️Be suspicious. It is uncommon for payment or wiring information to be changed by email. ✔️Confirm the name on the account with your bank before sending any money. ✔️Immediately after wiring, call and confirm that the money was received. You have a better chance at recovering your money the sooner it is discovered that it was sent to the wrong account. ✔️Use a VPN or personal hotspot instead of a public wireless connection to protect your information. Tips for agents looking to protect their clients: ✔️Educate your clients about the threat of wire fraud. ✔️Tell your clients to call and confirm all wire instructions with you. ✔️Establish a rapid response plan for wire fraud incidents. Carl Johnson Real Estate, always looking out for your best interests. For more information, go to https://www.nytimes.com/2020/01/03/realestate/how-to-protect-yourself-from-real-estate-scams.html Sources: https://www.ic3.gov/media/2018/180712.aspx https://www.closinglock.com/real-estate-hackers-pivot-target-from-title-company-employees-to-homebuyers/ https://stopwirefraud.org/protect-your-money/ https://securityboulevard.com/2019/09/real-estate-wire-fraud-has-devastating-effects/ https://transaction911.com/tell-real-estate-clients-wait-wire/  Scroll Down to see Durham, Orange, Wake Updates Durham New Listings have seen a 27.8% increase since 2018, while closed sales have experienced a 41.7% increase from 333 to 472. The median sales price has increased by 3.1% since 2018 from $270,000 to $278,450 and the average sales price has increased by 9.1% from $291,898 to $318,590. The days a house remains on the market has also increased from 27 days to 31 days. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.  Orange County The amount of new listings in Orange County has increased 1.3% from 2018 to 2019. Closed sales have also increased from 116 to 142. Both the median sales price and the average sales price have decreased. Median sales price has decreased from $295,500 to $293,500 and the average sales price has decreased from $393,824 to $356, 921. The days on market have also decreased by -6.5% from 46 to 43. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.  Wake County Wake County has experienced a 0% change in new listing from 2018 to 2019, remaining at 1,098 new listings. Closed sales have increased by 30.8% from 1,443 to 1,887. The median sales price has increased from $310,000 to $311,000 and the average sales price has increased from $355,469 to $361,448. The average days a house remains on the market has increased by $29.6% from 27 to 35. Click Here and ask Carl about his Signature Listing Service and his Concierge Service for Buyers.  Many people are approaching this year expecting another recession. However times have changed, and there are quite a few differences between the years that led up to 2008 and today that may ease these concerns. Scroll down to see where the real estate market stands at the beginning of 2020. CLICK HERE and find out how Carl will sell your home. Ask Carl about his Signature Listing Service.   Check out this quick guide to the national real estate market in 2020- by the numbers! CLICK HERE and have Carl help you buy or sell a home. Ask Carl about his Signature Listing Service & Concierge Service for Buyers.  CLICK HERE and have Carl help you buy or sell a home.
Ask Carl about his Signature Listing Service & Concierge Service for Buyers. |
Archives
March 2020
Categories
All
|
RSS Feed