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Durham, NC Real Estate News

By Jodi Bakst, Team Jodi - Chapel Hill Real Estate, Durham Real E
(Team Jodi Realty)
The Durham real estate market is still going strong but, like the rest of the country, our market is experiencing a great deal of change.  The table below compares Durham homes for sale and the associated statistics from 2008 to 2009. From 2008 to 2008, Durham homes for sale, otherwise referred to as new listings, decreased by 21%. Closed sales in the Durham real estate market are off 28.6% from 2008. While sales are down, average prices are also down 1.2%. On average, sellers are getting slightly less than what they got last year.  In other words, the list-to-sales price ratio is down to 95.5% from 96.8% in 2008.  Average days on marrket are stretching out.  We are now seeing it take approximately 94 days to sell a home in Durham compared to 87 days last year.                Durham 200...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Hope Valley Farms Neighborhood UpdateJuly 13, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Hope Valley Farms neighborhood, click here: Hope Valley Farms.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you t...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Woodlake Neighborhood UpdateJuly 9, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Woodlake neighborhood, click here: Woodlake.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may selec...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Hope Valley Farms Neighborhood UpdateJuly 7, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Hope Valley Farms neighborhood, click here: Hope Valley Farms.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Woodcroft Neighborhood UpdateJuly 7, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Woodcroft neighborhood, click here: Woodcroft.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may se...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Downing Creek Neighborhood UpdateJuly 7, 2009 For the recent Active, Pending and Closed real estate transactions for Chapel Hill's Downing Creek neighborhood, click here: Downing Creek.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the sy...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Treyburn Neighborhood UpdateJuly 7, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Treyburn neighborhood, click here: Treyburn.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may selec...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Colvard Farms Neighborhood UpdateJune 29, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Colvard Farms neighborhood, click here: Colvard Farms.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system...
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By Nogui Aramburo, Real Estate Professional in the Raleigh Area
(Linda Craft & Team, REALTORS®)
Buyers, Realtors or anyone thinking about purchasing a home in 2009, we cordially invite you to an Open House at Orchard Lake subdivision this Sunday from 2-4PM! Come and view 5 fantastic homes, have some ice cream and refreshments! Enter a drawing at each home! The Mortgage Bus will also be there to answer any questions regarding financing and the first time home buyer $8,000 Tax Credit from Uncle Sam! Take advantage of this excellent time to buy a home! I-40 to North on Fayetteville Road. Left on MLK Parkway, right on Cook, Right onto Orchard Oriole Lane!  
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Duke Forest Neighborhood UpdateJune 25, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Duke Forest neighborhood, click here: Duke Forest.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Falconbridge Neighborhood UpdateJune 25, 2009 For the recent Active, Pending and Closed real estate transactions for Chapel Hill's Falconbridge neighborhood, click here: Falconbridge.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the syst...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Hope Valley Farms Neighborhood UpdateJune 19, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Hope Valley Farms neighborhood, click here: Hope Valley Farms.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you t...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Woodcroft Neighborhood UpdateJune 18, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Woodcroft neighborhood, click here: Woodcroft.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may s...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Treyburn Neighborhood UpdateJune 18, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Treyburn neighborhood, click here: Treyburn.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may sele...
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US News has issued it's own Best Places, and once again, Durham NC has made the list in the Top 10. "Once a tobacco town, Durham, N.C., has evolved into a world-class center of all things advanced. This city of 206,000, located halfway between the Atlantic coast and the Great Smoky Mountains is called the "City of Medicine" because of its expansive healthcare industry. And although widely known as the home of prestigious Duke University, it's also a thriving technology hub. At the same time, Durham's mild climate allows residents to get out and explore the region's abundant outdoor attractions. Consider hiking one of the many distinct trails and greenways or heading over to the Durham Bulls Athletic Park for an afternoon baseball game" Read the full story at Triangle BizJournal This is ...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Falconbridge Neighborhood UpdateJune 5, 2009 For the recent Active, Pending and Closed real estate transactions for Chapel Hill's Falconbridge neighborhood, click here: Falconbridge.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the syste...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Woodlake Neighborhood UpdateJune 5, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Woodlake neighborhood, click here: Woodlake.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may selec...
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By Stanton Homes, Design/Build Custom Home Builder in North Carolina
(Stanton Homes - New Home Builder)
Raleigh Relocation Information North Durham NC Inventory Dropping Dramatically Almost 1/4 Less Than Last Year - Selections Thinning First Quarter statistics are in for Durham County - and the results might be surprising. If you've been searching for your next home in Durham NC, you may have thought the selection was a little thinner.  You're right.  Inventory is dropping dramatically from last year, and the best homes at the best prices are sometimes only available for a few days.                     North Durham Shows Significant Reduction in Lower Price Points Here's the available inventory levels by price point in North Durham.  As you can see, all price points below $500K show much lower inventory levels than last year. Not only that, but New Construction sales in Durham have signif...
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By Joe Rogers, CRP, GMS Chapel Hill Real Estate
(The Rogers Team @ RE/MAX Winning Edge)
Woodcroft Neighborhood UpdateMay 28, 2009 For the recent Active, Pending and Closed real estate transactions for Durham's Woodcroft neighborhood, click here: Woodcroft.  If you have any questions about any of these homes, please call or email The Rogers Team. Home Search: To set up an automated search for the home of your dreams, click Triangle Home Search and enter your dreams! Your Home's Value: If you are planning on selling your home, it would be our pleasure to provide a no-obligation valuation of your home.  Click Your Home's Value and enter the requested information.  Neighborhood Update: If you would like to receive email notification of real estate transactions in your neighborhood or other neighborhoods, click Neighborhood Updates and we will add you to the system.  You may se...
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By Dawn Grasty, Durham NC Real Estate
(Prudential YSU Realty)
The weekend ahead has loads in store for us in the Bull City -- Downtown Durham! With all of the good things happening, why not get out and enjoy the weather, mingle with other residents, network, and celebrate our awesome city!?! Just a few of the options include: Music on the Lawn in the American Tobacco District (Friday 5/29 from 6-8). Performers are The Kari Sickenberger Band with Natalya Weinstein and John Miller (a BackPorch Music Production) Feel free to bring blankets or lawn chairs. Food and beverages can be enjoyed from the American Tobacco restaurants . For those looking for more active pursuits, the annual "Running of the Bulls" 8k race , partially sponsored by The Bull City Running Co. begins at 8am on Saturday, 5/30. The race is to benefit the Durham Central Park and the ...
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