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Fayetteville, NC Real Estate News

New listing on the market in the Beaver Creek Plantation neighborhood of Fayetteville, North Carolina. Cute 3br, 2ba, home with large family room. Over 1,400 square feet for a growing family. Large backyard with privacy fencing. Two car garage with double driveway. This house is located on a dead end street for lower traffic volume. CALL TODAY! THIS HOME WON'T LAST LONG! Jeffery Prevatte | Keller Williams Realty, Fayetteville, NC | jt@mynewnchome.com | (910) 494-5570 5808 Bear Creek Circle, Fayetteville, NC Charming home located in Beaver Creek Plantation 3 Bdrm Single Family House offered at $138,000 Year Built 1996 Sq Footage 1,416 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 11,761 sqft HOA/Maint $0 per month DESCRIPTION Don't niss this beautiful home...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Covering the Bases       You've heard it time and again:  "A home is an investment."  People want to protect their investments, so they lock their doors at night to discourage attempts at burglary and they install smoke detectors to warn of possible fire danger.  It just makes perfect sense that you would protect your investments, especially in today's world of change and uncertainty.  Just how well protected are you though?  Do you really have all your bases covered?      In North Carolina, instead of purchasing policies against individual risks, you can have the most common and even some highly unlikely risks bundled into a variety of convenient plans.  The most common homeowner's package policy is called a basic form.  The basic form is true to its name.  This package provides covera...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Real estate markets can be similar in nature at times.  When a bubble builds, there is a positive frenzy from increased market valuations of homes, but this kind of economic upswing can't always be sustained.  Why?  There are a variety of reasons, all focusing on the economy, whether it is the local economy or national economy.  Financial institutions may be naive or negligent and dole out loans to everyone, including financially irresponsible individuals.  A negative shift in the job market and occupational outlook may occur, and people suffer a decrease in income.  Anything that causes a change in the economy can be a factor, and that is when a burst may or may not occur.  If a burst occurs, home prices decrease and result in negative equity to homeowners.       This may seem slightly...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Slow Market - Survival of the fittest? The correction in the Real Estate market has humbled many people who entered into Real Estate with a pie in the sky attitude.  Real Estate and being a Realtor is a profession, and only those who recognize and adjust to the market will survive.  If the market is slow in your region, what should you be investing in?  Lead Generation!  The days of the customer walking into the office and purchasing a home has come and passed.  The Real Estate Professionals will need to invest in Training and Education to ensure their business continues.  The key to success is typically balance.  If were in a Buyers market shift your midset and efforts to focus on Buyers, but still build your listing inventory for when the market turns.  Mindset is Key!
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
The listing inventory in the Fayetteville Fort Bragg area is still rising.  Slower market conditions are causing the build up of inventory in the area.  Builders and Sellers will need to offer incentives in order to draw potential buyers to select their homes over competing homes in the area.                                                      New Home Construction Report   200720062005ClosedMos.ClosedMos.ClosedNew ConstInv.New ConstInvNew ConstJan1627.6174123Feb1837.9202167Mar1927.9271199April1997.8245185May2298.1283249June2399295255July2119.4215238Aug1749.62356.3244Source of New Home Numbers - Dave Evans
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Buyer's Market vs. Seller's Market       In recent years, media focus on the housing market has increased.  A night doesn't go by in which one doesn't hear of various reports and debates over bubbles, ARMs and fixed rates, and pricing wars.  While the media provide an invaluable service, sometimes more insight is needed.  Clarity is the key to understanding, and people feel better when they can understand just what exactly is going on in the world around them.  One big question concerns buyer's markets and seller's markets.  Just whose market is it?        First, one must understand the difference.  It's all a matter of supply and demand.  If buyers are demanding more homes than sellers are supplying, it becomes a seller's market because seller's can control pricing to a degree.  If the...
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By Ron Allen, Fayetteville NC homes
(KW Fayetteville)
I"m continuously monitoring Fayetteville NC real estate market statistics to keep clients up to date and ahead of Fayetteville NC real estate trends. Waters Edge is a unique neighborhood in the Fayetteville NC homes market. The homes are modern contemporary architecture built in the late 70s early 80s on wooded lots, many of which are sloping. This adds to the character of the neighborhood, like a mountain cabin/cottage community. Most of the homes have no garage but decks are very common. The market statistics for the Waters Edge subdivision:Homes sold Last year (total)            31  Avg sale price: $96,459Homes sold 2006 through Aug.        16   Avg sale price: $96,187 Homes sold 2007 through Aug.        26  Avg sale price: $99,023 Homes currently on the market         10Homes pendin...
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By Ron Allen, Fayetteville NC homes
(KW Fayetteville)
My Fayetteville NC real estate team continuously monitors Fayetteville real estate market statistics to keep clients up to date and ahead of Fayetteville NC real estate trends. Legion Hills is an entry level neighborhood in the Fayetteville NC homes market. Most homes have a garage, single and less often double. The styling is loosely Cape Cod, traditional with high pitched roof lines, typical of homes built in the 90s and on. The homes are situated between Legion and Camden Roads. Here you will find market statistics for the Legion Hills subdivision:Homes sold Last year (total)            57  Avg sale price: $100,354Homes sold 2006 through Aug.        43   Avg sale price: $100,740 Homes sold 2007 through Aug.        30  Avg sale price: $108,017 Homes currently on the market         10H...
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By Ron Allen, Fayetteville NC homes
(KW Fayetteville)
My Fayetteville NC real estate team continuously monitors local real estate statistics to keep clients informed and ahead of Fayetteville NC real estate trends.  Below you will find real estate statistics for the Middle Creek subdivision:Homes sold Last year (total)            79  Avg sale price: $111,334Homes sold 2006 through Aug.        60   Avg sale price: $110,042 Homes sold 2007 through Aug.        37  Avg sale price: $119,250Homes currently on the market         12Homes pending sale                        6So Far this year sellers are getting 98.8% of listed price. Homes sold this year average 1573 square feet and sold after about 41 days on market: excellent - better than the Fayetteville NC real estate market average.For a no obligation review of homes in your area email me or ...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Welcome to the Revolution       The development of the Internet revolutionized life as we knew it, and for the thousands of citizens expected to relocate to the Fayetteville, NC area as part of BRAC, it will certainly make life easier.  According to recent surveys and polls, over 75% of people searching for new homes utilized the Internet at some point in that process.  Don't believe it?  Consider your own reasons for reading this article at this very minute!       The Internet offers a multitude of advantages for new homebuyers.  Individuals can find out more about their REALTOR and level of experience by visiting his or her website. People have tight schedules and can no longer afford to spend hours walking through various homes that peak their interest.  The Internet saves time by al...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Go "Green" to Save Green       Have you gone "green?"  Whether you believe that the world has begun a united global front to save a climate in crisis, or are convinced that some genius has created the most elaborate of marketing tactics, now is the time to jump on the bandwagon.  Save the environment (maybe), but definitely save some money.      The idea of an energy efficient mortgage is nothing new, but because of united efforts to fight the energy crisis, the idea is getting its fifteen minutes of fame. Lenders are offering homebuyers a variety of environmentally friendly options such as bigger home loans or discounts, some at $1,000 off of closing costs, if buyers make energy-efficient improvements and maintain those standards.  Examples of improvements include insulation, carpets, ...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
The VA Home Loan Process      There are a variety of financing options available to future homebuyers, one of which is the VA Guaranteed Home Loan.  The VA Guaranteed Home Loan is made available to eligible veterans and spouses by private lenders.        If this is an option that you are interested in pursuing, then there are a few steps you will need to follow. First, the purchase of the selected home must be discussed with the selling agent, and a purchase contract signed, pending the approval of the VA home loan.  Complete a loan application complete with your Certificate of Eligibility from a selected lender.  The lender will then work out details concerning credit and income information, and request that the VA assign a licensed appraiser to ascertain the value of the desired prope...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
Benefits of a VA Home Loan       VA home loans offer an array of advantages, and for this reason deserve substantial consideration when sorting through available financing options.        First, such loans are equal opportunity, and borrowers are informed of the reasonable value of the home up for purchase.  If the VA is inspects a home during its construction, it may be possible to obtain a warranty from the builder.  In addition, a down payment is not always necessary.      When compared with other finance options, closing costs of VA home loans are comparable, if not lower.  Interest rates are negotiable, and homebuyers are given an assumable mortgage with the right to prepay without penalty.  If by some circumstance a veteran borrower ends up in default due to temporary financial di...
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A big congratulations go out to my office!  The Fayetteville, NC Market Center of Keller Williams was featured in an article in the OutFront Magazine (a publication of Keller Williams) for making huge strides in recruiting and turning their outlook from "underachiever" to "a magnet for talent".In January of 2006 the Fayetteville, NC Market Center had 35 agents on it's roster, by January of 2007 there were 90 agents and the center has reached the profitability mark and will soon begin profit sharing!  A great big thanks go out to Eric Anderson, Team Leader, for his tireless efforts of recruitment and for bringing this office together as a team.In September of 2006, one of the city's most well-known mega producers, Dave Evans, recognized an opportunity and joined bringing the amount of li...
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By Ron Allen, Fayetteville NC homes
(KW Fayetteville)
My Fayetteville NC real estate team continuously monitors local real estate and related statistics to keep clients informed to make the best possible decisions related to the Fayetteville real estate market. Today we looked at Senior High school ratings in Cumberland County from Greatschools.net website. Please note that this information is not a recommendation or an expression of opinion of any school or area. Please do your own homework regarding school choice.  School name School type GreatSchools Ratings ParentReviews Students per FTE teacher Free & reduced price lunch  Jack Britt High School public 8 15 26%  Massey Hill Classic public 8 10 18%  Reid Ross Classical public 7 16 42%  Terry Sanford High School public 7 14 33%  Cape Fear High School public 7 15 47%  Douglas Byrd High Sc...
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By Ron Allen, Fayetteville NC homes
(KW Fayetteville)
My Fayetteville NC real estate team continuously monitors local real estate statistics to keep clients informed and ahead of the Fayetteville real estate trends.  Below you will find real estate statistics for the Cottonade subdivision:Homes sold Last year (total)            46  Avg sale price: $139,822Homes sold 2006 through Aug.        33   Avg sale price: $137,476 Homes sold 2007 through Aug.         22  Avg sale price: $153,559  Homes currently on the market         13Homes pending sale                        4So Far this year sellers are getting 99.5% of listed price. Homes sold this year average 1979 square feet and sold after about 40 days on market: excellent - better than the Fayetteville NC real estate market average.For a no obligation review of homes in your area email me or...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
      Most people have enough to think about on a daily basis, but if buying that new luxury home is on the list, then taking time out to understand your credit score should be a top priority.       Your credit score may also be referred to as a FICO score, named for its developer, the Fair Isaac Corporation, formerly the Fair, Isaac Company, and can range from 300-850.  This score will affect everything from which lender will accept you as a client to the terms of your mortgage payments.  Your past payment history, current debt, length of credit history, and new credit lines applied for or established are all factors in determining the magic number.       If your credit is less than stellar, then take steps to improve your score. Equifax, Experian, and TransUnion are the three agencie...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
      If you decided to host a party, would you ask your neighbor, Joe Shmoe, to cater your event?  You probably would not, unless of course you happen to have Emeril Lagasse or Rachel Ray for neighbors.       Since you wouldn't trust just anyone to cater your party, you shouldn't trust just anyone to buy or sell your home.  All real estate agents are not created equal.  When you choose a REALTOR, you've chosen an agent who adheres to the strictest code of ethics, set forth by the National Association of REALTORS, to ensure that your real estate transaction is completed in the most pleasant, professional, and sincere manner.  Individuals who are members of the NATIONAL ASSOCIATION OF REALTORS have exceptional and extensive knowledge of the buying and selling processes.  REALTORS have ad...
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By Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi
(Eric Anderson Realty Group)
  Renting an apartment may have been the sensible solution when you were first starting out on your own, but life changes.  You no longer want the headache of trying to deal with a shifty landlord in a civil manner.  You no longer want to worry about the rent being raised, even though no major upgrades have been made to your apartment.  You're tired of rude and inconsiderate neighbors.  You're tired of changes in management and rumors that 30-day notices are forthcoming.  What's worse is that the little voice in the back of your mind keeps reminding you that you are throwing away money by renting! You are paying for the giant migraine.       Making the decision to become a homeowner can put an end to all these incessant worries and offers an abundance of benefits.  For starters, owning ...
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By Sherinne Anderson
(Paradigm Real Estate - The Anderson Realty Group)
Sherinne Anderson, REALTOR | The Anderson Realty Group - Keller Williams | sherinne@gmail.com | 910.237.8245 8840 LOOKING GLASS RD., Linden, NC THE HARPER~Features 4BR/2.5BA's on Apprx 1/2 Acre Lot - 15 Min from Fort Bragg & Pope AFB - www.ARGHousing.com 4 Bdrm Single Family House offered at $288,900 Year Built 2006 Sq Footage Unspecified Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size .5 acres HOA/Maint $100 per year DESCRIPTION THE HARPER~Features 4BR/2.5BA's, both formals, lrg. master suite down, huge WIC, spacious glamour bath,kit w/brfst' bar opens to family rm, loft upstairs & lrg. bonus rm w/extra multi-purpose room. Situated on approx. 1/2 acre lot! see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Walk-in closet Tile...
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