Category: Real Estate News

15 Jul 2013

Allen Tate Realtors® Ranked as America’s Best Real Estate Agents

Top performers ranked on 2013 REAL Trends report Twenty-one Allen Tate Realtors® and real estate teams have been ranked among America’s best real agents, according to a new report by REAL Trends, the nation’s leading publisher of trends and analysis of the residential real estate brokerage industry. The agents and teams were...
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1 Jul 2013

Allen Tate Senior VP Phyllis Brookshire Named as One of 50 to Watch in Business

Allen Tate Company, the Carolinas’ leading real estate company, is pleased to announce that Phyllis York Brookshire, senior vice-president, Allen Tate Realtors®, has been selected as one of the 50 to Watch in Business by the Triangle Business Journal. The list includes 50 Triangle business leaders in the industries that are...
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16 May 2013

Carolina Realtors: Home closings surge 34.5% in April

"Home closings in the Charlotte region leapt 34.5 percent in April from a year earlier, according to the Charlotte Regional Realtors Association’s monthly market activity report released today. Closings in the 10-county area for residential real estate totaled 2,915 last month, up from 2,168 in April 2012, states the report. Pending sales counts skyrocketed...
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18 Apr 2013

3 Reasons to Sell Your House Today! (Part III)

Part III – New Construction Will Soon Be Your Competition

home builderOver the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. As the market is recovering, more and more builders are jumping back in. As an example, theNational Association of Realtorsrevealed, relative to last year, year-to-date new home sales are up 19%.

These ‘shiny’ new homes will again become competition as they can be an attractive alternative to many of today’s home purchasers.

Here are the numbers regarding new construction about to come to market from the Census Bureau:

17 Apr 2013

3 Reasons to Sell Your House Today! (Part II)

Part II – Housing Supply is Low

Homes for SaleA seller’s ability to sell their home in today’s real estate market will be determined by both the supply of homes for sale and the demand for that housing. In real estate, supply is represented by the current month’s supply of homes for sale (the number of homes for sale divided by the number of homes sold in the previous month).

While there is no steadfast rule that will apply to pricing in every category of housing, here is a great guideline:

16 Apr 2013

3 Reasons to Sell Your House Today! (Part I)

Part I – Demand for Real Estate is Much Stronger This Year

HouseKeysBlueWhen selling anything, owners can only hope there is a strong demand for that which they are selling. The great news for today’s home sellers is that the current housing market is experiencing a stronger demand than we have seen in some time.

The  spring housing market of 2013 is projected to be one of the best in years.

Home Sales

The National Association of Realtors(NAR) reports monthly on both pending sales (houses going into contract) andexisting home sales (actual closed sales).

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