Tag Archives: distressed properties

Do You Want An Agent That Tells You What You Want To Hear?

For this entry in my series “Do You Want An Agent That…”, I want to talk about agents that only tell their clients what they want to hear, and not what they need to hear. This tactic is a disservice … Continue reading

Posted in buying, Local Real Estate, Real Estate in General, selling | Tagged , , , , , , , , , , , , , , | Leave a comment

Is This Just A Summer Lull, Or Has Inventory Finally Caught Up With Demand?

Anyone who has been following the real estate market here in the Raleigh/Durham/Chapel Hill area of NC, knows that we have had a severe shortage of houses considering the demand from folks wanting to relocate to this area. This shortage … Continue reading

Posted in Builders, buying, Local Real Estate, New Construction, Real Estate in General, selling | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Agents Need to Educate Their Buyers On How to Navigate The Current Market

In the Raleigh/Durham area we are in a severe seller’s market. This was caused and is sustained by very low inventory (available homes on the market). There are certain things potential buyers need to know about how to operate in … Continue reading

Posted in buying, Finance/Mortgage, Local Real Estate, Real Estate in General, selling | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why Do We Have a Seller’s Market in the Triangle Area of NC?

In my market (the Triangle area of NC including Raleigh/Durham/Chapel Hill and surrounding towns) it is clearly a sellers market. The main reason for this is the severe lack of properties on the market. In the Triangle market the reason … Continue reading

Posted in Builders, Local Real Estate, Real Estate in General | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Let the Light In… An Often Forgotten Key to a Good First Impression

When I am showing a buyer homes I can always tell as soon as I walk in the door whether or not the listing agent did a good job coaching the sellers about creating a good first impression. Let’s face … Continue reading

Posted in Local Real Estate, Real Estate in General | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Why Should I Buy Real Estate Now?

Is that a trick question??? There are too many reasons to list… but I’ll try to list a few: Mortgage interest rates are below 4%! That’s almost free money!!! Selection! The market is flooded with homes which means the choices … Continue reading

Posted in Real Estate in General | Tagged , , , , , , , , , , , , , , | Leave a comment

What is an REO Property???

REO stands for “Real Estate Owned”. An REO has already gone through the foreclosure process and is now a bank-owned property. The banks refer to them as REOs, but most people just call them foreclosures. Visit KevinBurrusHomes.com to search for … Continue reading

Posted in Real Estate in General | Tagged , , , , , , | Leave a comment