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This is a great, eye opening article. This is why  my team and I do not get between you and your closing attorney with respect to the movement or wiring of your funds.

https://www.cnbc.com/2018/08/31/how-scammers-trick-new-homebuyers-with-wire-fraud.html

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Move in ready. Well done and spacious Five Oaks Townhouse. Backs up to lush and serene courtyard. Walk to pool, tennis, gym, dog park and club. Walk to two parks. Walk to shopping, dining and transit. Large living room with fireplace and neat accents and decor. Spacious dining room with lovely detail accents an updated kitchen w/ stainless appliances and an office round out the main level. Office could be main level bedroom. Two spacious bedrooms up w/ balcony. Long and Foster Warranty offered up to $660. Want to know more?  http://www.TeamMichaelSullivan.com or 919-493-7633

Here’s how the numbers look July 2017 vs. July 2018 in the Triangle Real Estate Market

July 2017 closed sales

3623  closed sales, 39 average days on market, average list price $297,528; average sale price $294,449

July 2018 closed sales

3859  closed sales, 20 average days on market, average list price $309,072;  average sale price $306,865

**TMLS SOURCE OF DATA

Do you know someone who might want to sell, buy or lease residential real estate?  We can help: call or email us. Michael@TeamMichaelSullivan.com or 919-493-7633

 

Wow! A Light filled end unit in a prime location. $2000 in seller paid costs offered and Long and Foster Warranty up to $660 in value. Owner desires as is sale. New paint throughout. New carpet throughout. Hardwoods in living room, foyer and dining room. Wide slat blinds. New carpet up. Tile kitchen. All appliances stay. Private rear courtyard patio with privacy fence and gate. Vaulted master with adjoining spa and huge walk in closet. Two car garage. Walk to the pool. Be in RTP in minutes with no I-40. Need more information…visit http://www.TeamMichaelSullivan.com or call us at 919-493-7633

1652 Snowmass Way Durham NC 27713 is on the market. 1940 square feet, new paint, new carpet. Three bedrooms, two and a half baths, Lovely dining room and kitchen. Family room and a garage. $209,000 with $2000 in seller paid costs and a $750 home warranty. Call us to see it 919-493-7633

Here’s how the numbers look June 2017 vs. June 2018 in the Triangle Real Estate Market
 
June 2017 closed sales
4393  closed sales, 39 average days on market, average list price $303,577; average sale price $301,175
 
June 2018 closed sales
4081  closed sales, 20 average days on market, average list price $319,436;  average sale price $317,370
**TMLS SOURCE OF DATA
 
Do you know someone who might want to sell, buy or lease residential real estate?  We can help: call or email us. Telephone is 919-493-7633. Email is Michael@TeamMichaelSullivan.com
 
Happy Fourth of July!
 

Here’s how the numbers look May 2017 vs. May 2018 in the Triangle Real Estate Market

May 2017 closed sales

3933  closed sales, 42 average days on market, average list price $296,236; average sale price $293,406

May 2018 closed sales

3942  closed sales, 19 average days on market, average list price $308,753;  average sale price $348,863**

**TMLS SOURCE OF DATA

The market remains brutal for most buyers. Here are a couple of key take away facts. The selling price of the average home closed $40,000 over list price.  Homes priced from $150,000 to $250,000 in the Triangle Market used to be the norm, they are now the exception. 19 days on market is astounding.

Do you know someone who might want to sell, buy or lease residential real estate?  We can help: call or email us.

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