Modernist Home of the Month: Back to School

This month’s “Modernist Home of the Month” feature is going to be a little bit different. While the kids head back to school, we are going to school you on modernist history in North Carolina! Grab your pen and paper and keep reading for a lesson in modernist.

Luxury Market Update: Spring 2020 Edition

TBJ reporter David Purtell shares with readers a breakdown of Triangle-area housing market stats that honed in exclusively on the luxury category – a space where HREG Team Leader Renee Hillman is expertly positioned to support your buying and selling efforts.

How To Navigate Through COVID-19 as a Home Buyer in the Triangle Area: Virtual Showings, Low-Interest Rates, and Much More

Spring is here and you were planning on buying your dream home – then the unimaginable happened and a global pandemic crisis hit. Across the country, people are told to follow public health orders to stay at home or to practice social distancing. For buyers in the Triangle area, that means you might not have the opportunity to walk through a home with your agent or your agent might not be able to show homes in person.

Five Things You Need to Know About Wake County’s Property Tax Re-Evaluations

Wake County residents, did you receive a notice in your mail earlier this month about a change in your property’s tax value as a result of the 2020 reappraisal that went into effect January 1, 2020? According to WRAL.com, “around 395,000 notices were sent to residential and commercial real estate property owners,” so there’s a good chance you were one (or more) of them!

Welcoming and Sharing Referrals Far and Wide

We are delighted to welcome your referrals to friends and family who are looking to buy or sell real estate in the Triangle area, but what about when life takes you outside of our local market? Have no fear, friends – Hillman Real Estate Group is still here to help!

Why Now is the Perfect Time to Sell Your House!

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Thinking of selling your house this spring? It is common knowledge that spring is the most popular time of year to buy and sell a home. For that reason, many homeowners wait to put their homes on the market until then. The question is whether or not that is a good strategy this year.

The other listings that come out in the spring mean increased competition to any seller. Do a greater number of homes actually come to the market during the spring in comparison to the rest of the year? The National Association of Realtors (NAR) recently revealed the months during which most people listed their homes for sale in 2018. This graphic shows the results:

Prime selling months

The second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,520,000.

That number jumped to 1,870,000 by May!

 

What does this mean to you?

With the national job market improving and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now.

Bottom Line

If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers. Beat the rush and list your home today!