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Is Home Ownership Still the American Dream?

March 30, 2011 By Leave a Comment
Is home ownership part of the American Dream?
Is home ownership part of the American Dream?

Is home ownership part of the American Dream?

After all of the negative news regarding the real estate market the last few years, some people ask,  ”Is home ownership still part of the American Dream?”  And I proclaim with confidence a resounding “Yes!”  So why does home ownership matter so much to people?  Studies show that home ownership has a significant and very positive impact on net worth, educational achievement, civic participation, health and overall quality of life.  The National Association of Realtors did a recent survey, and here are some reasons why homeownership matters to people:   [Read more...]

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Real Estate Market Statistics, Realtor Tips, Winston Salem Real Estate Tagged With: , , , , , , , , , , , , , , , , , , , ,

What’s the Best Real Estate Market in the Country?

March 17, 2011 By Leave a Comment
Downtown Raleigh Night Time Skyline

North Carolina real estate markets continue to be some of the best in the country. Areas where unemployment is lower than the national average will help lead the housing recovery. Builder Magazine has identified the Raleigh-Cary North Carolina area as the place to be for those in the construction industry. Downtown Raleigh Night Time Skyline

Existing home prices rose 4% in 2010 and building permits rose 85% during the year to 8600. Projections are for 9604 building permits in 2011. People are still flocking to Raleigh because of the improving jobs climate. The unemployment rate fell to 8.4%.

There are currently 4040 homes for sale in Raleigh and 948 for sale in Cary, NC.
Search Raleigh and Cary Homes for Sale

Durham-Chapel Hill is ranked third best with building permits up 70%, and their unemployment below 7.5%

There are currently 916 homes for sale in Chapel Hill, NC and 2052 in Durham, NC. Search Durham and Chapel Hill Homes for Sale

Builder Magazine Reports Raleigh is the Best Housing Market

If you are looking to move to any other area of North Carolina, you need a trusted Realtor. We have strong connections with top producing real estate agents all across the state, and we love helping people! Feel free to call our office at 336.462.9544 or call/text Tony @ 336.287.4423 to let us help you find a real estate agent in our trusted Realtor network.

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Economy, Housing Market, Real Estate Market Statistics Tagged With: , , , , , , ,

Winston-Salem on Affordable Housing Markets in College Towns List

November 17, 2010 By 2 Comments

College bound students may not be so concerned about how much their housing is going to cost, but obviously their parents are.  And with one in college, and one going next year, trust me, I know!  Many parents of college students are weighing the costs of on-campus dorm fees or rent  versus investing in a property for their son or daughter to live in.  Parents of students at Wake Forest, Winston-Salem State, Salem College, or even Forsyth Tech should consider

A recent survey has shown an increase in parent investors in college towns.   The Top Five Most Affordable Markets in College Towns are below followed by each market’s average list price for 4 bedroom, 2 bath homes.

  1. Ball State University, Muncie, Indiana:  $105,115
  2. University of Buffalo, Buffalo, New York:  $117,223
  3. University of Memphis, Memphis, Tennessee:  $135,090
  4. University of South Carolina, Columbia, South Carolina:  $137,707
  5. University of Akron, Akron, Ohio:  $139,711

Winston Salem’s own Wake Forest University rolled in at #31 with the average home listing price of $185,020.  And with Winston-Salem being the city with the lowest cost of living, it makes a lot of since to go to school here.  After all, you’re paying almost $50k per year for your child to go to school here, so you better look to save somewhere!

Do you know parents who have decided to invest rather than rent or pay dorm fees?  Don’t hesitate to provide your feedback below.

Most Affordable and Most Expensive Housing Markets in College Towns

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Housing Market, North Carolina, Real Estate Investing, Real Estate Market Statistics, Statistics, Winston Salem, Winston Salem Real Estate Tagged With: , , , , , , , ,

Forsyth County Home Sales Up for 2010

August 2, 2010 By Leave a Comment
Craftsman Bungalow Winston Salem Home House

The national housing market continues to be sluggish, however our area has outpaced the state and national numbers. Home sales are up in Forsyth County over 17% from June 2009. 563 homes sold in June, 2009 according to our local real estate board, the Winston Salem Regional Association of Realtors (statistics provided by Triad Multiple Listing System), compared to June 2009′s 478 home sales. Sales also increased over 6% from May, 2010.
Craftsman Bungalow Winston Salem Home House

Read the full article on JournalNow.com
Forsyth County Home Sales Up for 2010

If you are looking to sell your home in Winston Salem and would like to know what it’s worth, please contact us at 336.462.9544 for a current “highest home value analysis.”

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Housing Market, Real Estate Market Statistics, Statistics, Winston Salem Tagged With: , , ,

Existing Home Sales Up 29.2% in March

May 3, 2010 By Leave a Comment

The housing market in Forsyth County is picking up. March sales of existing homes were up 29.2% in March from March, 2009. There were 403 homes sold in Forsyth County in March, 2010 versus 312 during March of ’09 according to stats from the Winston-Salem Regional Association of Realtors®. Home sales were also up 41.4% from February this year.

Read the complete article on JournalNow.com below.
Existing Home Sales in Winston-Salem, NC Are Up

Even though the Home Buyer Tax Credit has expired, it’s still a great time to buy a new home whether you are a first time home buyer, looking to move up, or relocating to or from the Winston-Salem area. Rates are still near historical lows, but have been forecast to rise, so now’s the time to get into the market. I’m here to help you, so give me a call today to answer your questions about the market or home buying/selling process. Your #1 goal is my #1 goal!

To Search Real Estate Listings in ALL of NC visit www.SearchWinstonSalemHomes.com

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Housing Market, Listings, Real Estate Market Statistics, Winston Salem, Winston Salem Real Estate Tagged With: , , ,

Winston Salem Housing Market Slowly Rebounding

February 6, 2010 By 1 Comment
Exit Realty Sold

The Winston Salem Journal published an article earlier this week that shows the local real estate market in Forsyth County is making some progress. Home sales were down in December from November, but they were up 5% from December of last year. Prices were slightly up from Exit Realty SoldNovember at $162,645, however a bit lower than $163,688 of December last year. The local board of Realtors (Winston Salem Regional Association of Realtors – WSRAR) is pleased with this progress locally based on many markets around the country showing a decline. Read the whole article below.

Winston Salem Real Estate Market Encouraged by Home Sales in December, 2009

With prices increasing it means inventories are going down.   So if you have been thinking about selling, but were unsure if the time is right, give me a call and request our free Market Timing Analysis for sellers.  You could be risking losing money if you continue to wait for prices to keep going up due to other factors that can affect a seller’s net.

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Housing Market, North Carolina, Real Estate Market Statistics Tagged With: , , , ,

Homeowners Confidence Increasing about the Future of the Real Estate Market

September 14, 2009 By Leave a Comment
Winston Salem City Scape

A recent survey by Zillow.com shows that home owners are becoming more confident in the real estate market.  Zillow performs a market analysis four times a year to see if home owners are optimistic or not in their home values for the next six months.  The survey results show the South to be the most confident and least affected by the recession.

The recent survey shows:

  • 22% believe their home has increased in value (27% in the South).
  • 19% believe their home has remained the same in value (21% in the South).
  • 60% believe their home has decreased in value (52% in the South).

Across the country, 83% of home values have dropped in the last year according to Zillow’s Second Quarter Real Estate Market Reports.  Home values were down almost 10% from one year ago.

Homeowners’ Future Outlook for the Next 6 Months:

  • 34% believe their home’s value will increase.
  • 47% believe their home’s value will remain the same.
  • 19% believe their home’s value will decrease.

The Winston Salem Piedmont Triad area real estate market has been fortunate not to experience a “bubble” where home values increased beyond actual value, and where home values have not decreased greatly like in major cities in states like Florida, California, Arizona and others.  Many people are still moving to North Carolina and many of them are considering the Triad area due to reports like Business Weeks  Top Places to Begin a New Career.

Winston Salem City Scape

EXIT Realty offers several marketing programs to home owners to help you sell your home fast including a free 24/7 info hot line to attract home buyers.  The hot line will also text a virtual tour to a potential buyer that is interested in more info about your home.   If you’re ready to list your home for sell, give me a call at (336) 287-4423, and I will provide you with a free market analysis and discuss more how EXIT will get your home SOLD.

If you are looking to buy right now, click the following link to use my Free Home Buyers Online Service.  This service will help you streamline your search by adding the specific criteria you are looking for.  I look forward to serving you.

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Exit Realty, North Carolina, Real Estate Market Statistics, Relocation, Statistics, Winston Salem Real Estate, Winston-Salem Realtors Tagged With: , , , , , , , ,

June 2009 Home Sales Are Up in Winston Salem

July 30, 2009 By Leave a Comment

Existing Home Sales in Winston Salem are Up for Sixth Consecutive Month

The Winston Salem housing market is on the increase, and that’s good news for real estate agents.  According to the Winston Salem Regional Association of Realtors there were 478 existing home sales for the month of June, which was up 10.4 percent from 433 in May.

This increase in sales made June the sixth consecutive month of increased sales and also the highest single month since September, 2008.

The association also reported that 320 of the homes sales were on the market less than 120 days.

Phillip Rector, the president of the Winston-Salem Regional Association of Realtors, was quoted saying, “When home sales increase month over month and the length of time it takes to sell a well maintained and appropriately priced home is decreasing, it tells us that the market has, indeed, begun a return to normalcy.”

However, in June 2008 there were 593 home sales compared to 478 last month.  That’s a 19.4% decrease from last year.

Even though, overall, this is good news, there are still many concerns with the unemployment rate and decrease in home prices.  The average price of homes sold in June was $162,503, down 9.7% from $179,889 in May and down 15.4% from $192,144 last year.

It looks like we are past the bottom in the Winston Salem housing market, and there seems to be a good balance for both buyers and sellers.  Homes are moving and taking less time to sell, which is good for sellers, but prices are lower than last year, so buyers should consider now the right time to buy before prices increase.  Give me a call/text if you are looking to buy or sell real estate in the Winston Salem area.  336-287-4423.

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: North Carolina, Real Estate Market Statistics, Real Estate News, Winston Salem Real Estate, Winston-Salem Real Estate Agents, Winston-Salem Realtors Tagged With: , , , , , , , ,

Winston Salem Real Estate Market News for July 2009

July 22, 2009 By Leave a Comment

It looks like sellers are growing more confident to put their home on the market.  409 listings have been added so far this month in Forsyth County which brings the total number of listings to 3364.  The average list price of the new listings is $188,998, the median price is $144,900, and the most expensive luxury listing  is $2,350,000 at 401 Sheffield Drive.

There are 629 pending sales, and out of the new listings 16 have already gone under contract.  There has been 130 homes that have sold so far this month.  The cheapest home sold was $13,000 at 520 Chandler St.  The median price of the sold homes is $143,000 at 413 Rockbridge Dr, and the highest priced sale was at 5253 Cedar Hill Ct. for $515,000.  The median of days on the market is 77 days.

If you are considering selling your home in the Winston Salem area or have any questions regarding price evaluations provided on this site, give me a call to discuss determining your home’s value.  I can be reached by phone or text at 336-287-4423.

Tony Green, Realtor

Tony Green is REALTOR® who works in Winston Salem, Clemmons, and Lewisville NC and the owner/broker of EXIT Realty Elite. He attended Appalachian State University (go App!) and graduated with a BSBA in finance and real estate. He likes walks on the beach, cute little puppies, and smash mouth wrestling...and maybe a little humor from time to time. :D Tony looks forward to serving you and helping you with your real estate needs.

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Filed Under: Real Estate Market Statistics, Winston Salem Real Estate Tagged With: , , , , ,
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