Cary Real Estate Blogger - A Blog by Linda Lohman: January 2012

CARY NC - Is the High School District a Key Factor in the Buying Decision? YES!!!

 

 CARY NC - Is the High School District a Key Factor in the Buying Decision?  YES!!!!

 

"Housing located in the Panther Creek and Green Hope High School districts still has the largest market share of the closings at 49%, the same as last year.

 Housing in the Athens/Cary districts has a 29% share and housing in the Apex High School district has a 19% share.

The supply of housing is 4 months in Panther Creek/Green Hope, 5 months in Athens/Cary and 6 months in Apex. Each of these supply numbers are below the levels seen in the Triangle and in the United States"

According to TARReport December 2011

 

This is not news to those of us who reside in the area.  We know we have excellent sought-after High Schools in Cary NC because our children attend these schools. 

 Are just the high schools excellent in Cary NC

 Of course not, here's my theory as a former Wake County teacher, if you have a great high school the elementary schools and middle schools that filter in those high schools must be excellent as well.

For this reason Panther Creek and Green Hope Have become the top schools of CHOICE.

My children went these very schools and are now enjoying very successful college careers.

 

  


View Wake County High Schools Of CHOICE in a larger map <

 

 CARY NC - Is the High School District a Key factor in the Buying Decision?  YES!!!  was first published on CaryRealEstateBlogger.com - a Blog by Linda Lohman

Are you looking for a REALTOR that is:

  • a former teacher that knows the schools system
  • has lived in the area for over 15 years
  • has the expertise to get the job done?

                     Let me GOOGLE one for you! - click here

Cary NC Homes for Sale - Linda LohmanCaryNC Homes for Sale - Linda LohmanCary NC Homes for Sale -Linda LohmanCary NC homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda Lohman

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0 commentsLinda Lohman- Former Teacher/Broker • January 23 2012 12:30PM

Raleigh NC - New Home Sales Rise

RALEIGH NC - New Home Sales Rise

Raleigh NC - New home sales rise according to Builder Local Market an On-Line Newsletter for local Builders.
Good news for our local Triangle Real Estate Market.  While home building has stopped in most parts of the country the Raleigh NC
market which included the ever popular Cary is growing.

Why?  We have thriving business base, Research Triangle Park, multiple large universities (NCSU, UNC, DUKE), and a growing Downtown, and quality schools.  This formula has made the Triangle a destination for families.


Market Share of Home Sales

Market Share of Home Sales chart from the Pricing tab

 

In the Raleigh, NC market new home sales grew year-over-year in October, and the percentage hike was greater than September 2011, giving hints of improving market conditions. New home sales saw a hike of 15.9% from the year earlier to 371. This came after a 7.7% rise year-over-year in September.

A total of 4,060 new homes were sold during the 12 months that ended in October, up from 4,009 for the year that ended in September.

Of 1,152 total sales, 371 were of new homes. This is a surge from 28.2% of sales a year earlier. Sales of new and existing homes rose year-over-year in October after also rising in September year-over-year.

Pricing and Mortgage Trends

The average per-unit price of new homes increased in October to $264,033, up by 1.3% from a year earlier. This is a reversal from the 2.0% decline in September from a year earlier.

For newly sold homes, the average mortgage size declined year-over-year in contrast to average price of new homes. In October 2011, there was a 9.2% decline in the average mortgage size on new homes to $222,679. Average mortgage size slid 11.7% in September 2011 from a year earlier. Of the overall sale price, the percentage that was being financed slipped 9.7 percentage points year-over-year to 84.3% in October 2011.


Finish reading this article and see an additional 15 charts and graphs on Raleigh-Cary, NC.



Are you looking for a REALTOR that is:

  • a former teacher that knows the schools system
  • has lived in the area for over 15 years
  • has the expertise to get the job done?

                     Let me GOOGLE one for you! - click here

Cary NC Homes for Sale - Linda LohmanCaryNC Homes for Sale - Linda LohmanCary NC Homes for Sale -Linda LohmanCary NC homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda Lohman

 RealBird - The ultimate online real estate toolbox.


Raleigh NC - New Home Sales Rise  was first published on CaryRealEstateBlogger.com  - a Blog by Linda Lohman

 

 

 

 


1 commentLinda Lohman- Former Teacher/Broker • January 17 2012 11:24AM

Wake County School Choice Plan

Wake County School Choice Plan

What is Wake County School Choice Plan?  In short it is no longer a rumor it is a reality.  Wake County School Superintendent Tony Tata has made his plan a reality.  Even the squabbling of the Democratic and Republican factions within the School Board sound not stop Superintendent Tata's Choice Plan.

Basically when a child is registered for school parent have a choice of which school....kind of.

    Here's how it works: So yes, your "choices" are limited.  You must pick a school within your option list. However, you may pick a Magnet School that is not on your list.  

This simplistic plan listed above is for the Newcomer, new to the area.  If you are currently enrolled in Wake County Schools it get a bit sticky.  More blogs to come....

Wake County School Choice Plan was first published on CaryRealEstateBlogger.com - a blog by Linda Lohman

Are you looking for a REALTOR that is:
  • a former teacher that knows the schools system
  • has lived in the area for over 15 years
  • has the expertise to get the job done?

                     Let me GOOGLE one for you! - click here

Cary NC Homes for Sale - Linda LohmanCaryNC Homes for Sale - Linda LohmanCary NC Homes for Sale -Linda LohmanCary NC homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda Lohman

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0 commentsLinda Lohman- Former Teacher/Broker • January 13 2012 12:57PM

CARY NC Homes for Sale - Stats and Data - December 2011

CARY NC Homes for Sale - Stats and Data - December 2011

Cary NC homes for sale are still stable.  The number of home for this time of year are expectedly low.  Inventory of homes for sale through the Holiday Season is always light.  Sales light too.
We are looking forward to an active spring season in Cary NC.  Sellers can expect to break even.  While Buyers can still expect to be in the "driver's seat".  

The Cary NC market continues to be a "price war and a beauty contest".  Meaning Sellers should, pre-inspect, make their home as desirable as possible, and price competitively.  Buyers are being very particular.

This summer I showed one Buyer 76 homes, another 62.  Buyers are eliminating homes because of smells, carpet color, and minor repairs.

CARY NC Homes for Sale - Stats and Data - December 2010   

was first published on CaryRealEtateBlogger.com - a Blog by Linda Lohman

 

Are you looking for a REALTOR that is:

  • a former teacher that knows the schools system
  • has lived in the area for over 15 years
  • has the expertise to get the job done?

                     Let me GOOGLE one for you! - click here

Cary NC Homes for Sale - Linda LohmanCaryNC Homes for Sale - Linda LohmanCary NC Homes for Sale -Linda LohmanCary NC homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda LohmanCary NC Homes for Sale-Linda Lohman

 RealBird - The ultimate online real estate toolbox.

 

 

 

 


1 commentLinda Lohman- Former Teacher/Broker • January 12 2012 04:44PM