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New Listing in North Raleigh estate neighborhood 5201 Wynneford Way for $1,785,000

I just listed this stately home off Durant Road has everything the discerning home buyer could be looking for. On 1.16 acres with over 6,500 square feet of heated space and over 1,000 square feet of unfinished attic space this home is perfect for the buyers who want style, quality and plenty of room. With trim second to none and special features galore this home is warm and inviting and perfect for entertaining.

Visit these websites for more information.

http://www.zingding.com/048043124
www.5201Wynneford.com

New Listing in Harrington Pointe in North Raleigh $264,900 3BR 2.5 BA 2 Car Garage

I have a new listing at 6104 McDevon Drive in Harrington Pointe off Leesville Road in north Raleigh. This cottage home is in a great community with pool, clubhouse, playground, sidewalks and very convenient to shopping like Brier Creek, I-540 and much more.

This 1,858 square foot home offers a first floor master with WIC and twin vanity master bath with separate tub and shower. The great room with vaulted ceiling has a gas direct vent fireplace with Plantation shutters on all side and front windows. The kitchen has SS appliances, twin SS sinks, solid surface countertops, lots of cabinets and countertop space, a small breakfast nook and looks out into the rest of the first floor over a half wall that separates the kitchen area from the dining room.

A laundry closet with shelving, half bath and linen closet are off the hallway that leads to the master bedroom. Upstairs you will find two large bedrooms with a buddy bath offering separate vanities. All vanites in the house have taller countertop height.

One bedroom upstairs has a walk in closet that has a doorway to a large unfinished area with electrical service and shelving.

The back yard is private with a 10×12 foot concrete patio, storage shed and privacy fence. This single family attached home is in tip top shape and is ready for the home buyer who wants convenience, amenities, a friendly neighborhood environment with lawn maintenance covered by the HOA.

Take advantage of the Tax Credits and make this home your’s today.

For more information visit these websites:

http://www.seetheproperty.com/56453
www.6104McDevon.com

http://www.zingding.com/2490976

New Listing in Historic Oakwood at 403 E. Edenton Street

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via Virtual Tour # 57076 – 6104 McDevon Drive, Raleigh, NC, 27617. Powered by FloorPlanOnline.

Dems close to passing Health Care Bill

The Democratically controlled U.S. Senate plan to take a vote the morning of Christmas eve to pass a health care bill that can then go after the first of the year to a conference committee with the House.

All polls show that the majority of Americans are against the plan as proposed by the Democrats but at the same time most people feel that something has to be done. It will be interesting to see how this all plays out.

Will the Democrats be able to come to an agreement considering the vast differences on many key parts of the legislation? Will the American people really see a reduction our the Federal deficit as a result of the passing of this legislation? Will taxes really stay even or go down for most middleclass Americans?

Stay tuned.

Triangle Home Sales Up Over 70% Compared to last November

The lastest numbers from the Triangle Area Residential Real Estate (TARR) Report shows that residential sales of homes in the Triangle MLS counties (including Wake, Durham and Orange counties) was up more than 70% versus last November. Average days on market also went down to 91 from 96 and the supply of homes has decreased from 11 months to 7 months year to year. All told the news is very positive given continuing problems with jobs, the health care debate and lingering concerns about the holiday shopping season and what that will means for retailers in 2010.

But companies continue to announce they are coming to the Triangle or are expanding their operations if they are already here.

Coldwell Banker Howard Perry And Walston Just Named the Number 1 Real Estate Company in the Triangle

The Triangle Business Journal just named Coldwell Banker Howard Perry And Walston the Number One real estate company in the Triangle. With over 600 agents and an association Coldwell Banker, a top national real estate company with the most visited real estate website other than Realtor.com Howard Perry And Walston is poised to continue to succeed where it has since it’s founding by Howard Perry and Don Walston: providing great service, using the latest technology and keeping a keen eye on the number one goal – helping our clients make Good Decisions when it comes to real estate.

Green Home Builders of the Triangle See Value To Builders And Consumers With Green Homes

The Green Home Builders of the Triangel is a joint venture with the Home Builders Associations of Wake/Raleigh and Durham/Orange and Chatham counties. If you would like to learn more about how “Building Green” is allowing Triangle area builders to weather the current economy a little better then click here: http://triangle.bizjournals.com/triangle/stories/2009/10/26/focus4.html?b=1256529600^2313391&ana=e_vert

President Obama Signs Tax Credit Extension & Expansion Bill

On Friday President Obama signed into law new legislation that will provide an extension of the current $8,000 Tax Credit until next April 30th and expanded the Tax Credit to include current homeowners who have owned their home for 5 years in the last eight years. This credit will be for $6,500.

Tim McBrayer Selected by Realtor.com’s Ask A Realtor Blog to Answer a Consumer’s Question

Realtor.com, the most visited real estate website in the world, has a consumer blog called Ask A Realtor. Consumers submit questions and one Realtor in the entire U.S. is selected to answer the question. This time marks the fourth time in as many months that Tim McBrayer has been selected to provide the answer.

This time a consumer wanted to know what steps to take if she was thinking about putting her home on the market in the next year or two.

See Tim’s blog answer here: http://www.realtor.com/blogs/2009/11/01/preparing-a-home-for-a-sale-ask-a-realtor%C2%AE/

The Cosumer Is Back! Consumer Spending up 3.5% in 3rd Quarter

RISMEDIA: 10-30-09 – The consumer is back. Consumption spending increased by 3.4% this quarter, its strongest growth since the first quarter of 2007. This was largely due to a 22.3% jump in spending on consumer durables, such as cars. Car sales jumped 56.4% in the third quarter of 2009 with the help of the additional incentives, known as “Cash for Clunkers.” Consumer spending on a number of other items also increased at a healthy rate. Spending on recreational goods grew by 13.8%, furniture spending by 6.5%, and other goods by a respectable 6.2%. Food spending, a non-durable goods item, rose by 5.0% in the third quarter. 

There are encouraging signs, based on one quarter of data that the housing slump seems to have come to an end. The housing market expanded for the first time in almost four years. Spending on new homes increased by a strong 23.4% in the third quarter, the first increase since the fourth quarter of 2005. This is also the largest gain in more than two decades since the second quarter of 1986. The increase in spending on housing was aided by price declines during the previous years and low interest rates and the momentum in the housing market could thus very well last. 

Read more: http://rismedia.com/2009-10-29/op-ed-stimulus-aids-strong-economic-rebound-u-s-economy-expands-3-5-percent/#ixzz0VQu1RCSt