Wednesday, October 1, 2008

Real estate in Raleigh

Hello all. Thank you in advance for reading my blog. I have been hearing from people while out and about in Raleigh that the mortgage business is frozen and no one is buying and selling homes. I promise you, this is NOT true. In the Raleigh market, we had a much better month of home sales in September than we did in August. The average list price is up, the average sales price is up in our area. Now, don't get me wrong here - its not all great like it used too be. In order to get a mortgage, you need some money down and decent credit. We have great lenders that can help you with that process.  If you have extra cash laying around that you are not sure where to invest it, now is a GREAT time to invest in real estate.  This is the time when people can make fortunes!

Lets hope that whatever our government decides to do, whether it be the buyout or not doing the buyout, that they make the right decision. My Broker-in-Charge gave us some great advice at our sales meeting on Tuesday. She told us to limit our time spent watching the news to 30 minutes a day so that we don't get discouraged by the media.  I'm keeping my fingers crossed that we pull through this. Keep on truckin' Raleigh... More later when I have more to report!

PS - Don't forget to give me a call or shoot me an email if you have questions or need help buying or selling a property - THATS WHY I AM HERE!!! 

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