2018 Real Estate Bubble? by Brian Pate

Could there be a 2018 real estate bubble? What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and speculation. It Read More

Homeowners Insurance Tips

Homeowners insurance is important, but not everyone understands their policy completely. Here are five homeowner insurance tips designed to help you understand what your policy is and is not and how to use it properly in the event of damage or loss.   When a buyer is purchasing a home, Read More

Wake Forest Real Estate Market Update

It is time for our Wake Forest real estate market update for October 30, 2017. The Triangle Multiple Listing Service (TMLS) this morning reports that there are 445 single-family homes on the market in the Wake Forest area. The average list price of those homes is $482,194, while the median Read More

Wake Forest Real Estate Today

Wake Forest real estate is seeing a continuation of the inventory challenges that we have been seeing for the last month. Homes below $300,000 continue to sell at a rapid pace when priced competitively. However, we are beginning to see a slow down in the activity for homes listed above Read More

Raleigh Real Estate Statistics September 2017

In the month of September, the Raleigh real estate market, according to triangle MLS, saw 3166 homes closed. These homes that sold averaged 41 days on the market and the median days on the market was 12 days according to Triangle MLS data. Follow Brian On Twitter For Daily Updates Read More

Bright Ideas For A Bright Home

A bright home can help to create a more spacious appearance and potentially contribute to a higher resale value if you should ever put your home on the market. Never underestimate the value of natural light in a home when showing to a prospective purchaser. Contact us today to find Read More

Simmons-Bridges Historic Home, Wake Forest, NC

The Simmons-Bridges House on North Main Street in downtown Wake Forest, North Carolina is one of the most prominent historic homes in the town. Once constructed and lived in by an esteemed Wake Forest College professor, the house has served as a family home and even a boarding house/hotel in Read More

The Best Time To Buy A Home Is Now!

We have been saying for 6 months now that the best time to buy a home is now.  The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of Read More

Millennials Should Buy Real Estate Now

For months, I have been saying that millennials should buy real estate now.  Finally, David Bach has said exactly what I was thinking. 2017 National Housing Forecast Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a Read More

Experts Discuss Mortgage Rates

By Brian Pate, Realtor in Raleigh, NC As the Fed Rate rises, people are naturally wondering what will happen to mortgage rates in the coming months. What will home prices do in the next 5 years? Mortgage interest rates have risen over the last few months and projections are that Read More