Archive | November, 2010

Triangle: Real Estate in 2011

30 Nov

It is that time of year that we look into the crystal ball and see what we believe the real estate climate will look like in the coming months.  Here are some thoughts about real estate in the Triangle in 2011.

Beginning mid-2010, the Triangle residential real estate industry was poised for a slow economic recovery. Thanks to a relatively healthy job market, historically low mortgage interest rates and the (now expired) homebuyer’s tax credit, that prediction largely came true.

The population growth and overall strong economy in the Triangle continue to be positives as we look ahead. However, to employ a now overused phrase, we’re not out of the woods yet. We enter 2011 optimistic but with our eyes wide open. Continue reading

Bottoms Up!

29 Nov

Everywhere I go in North and South Carolina, I am asked: “How is the residential real estate business?” and “Have we reached the bottom yet?”

I can truthfully say that we have bottomed out in most marketplaces and neighborhoods.  Realtors®, bankers, developers, buyers and sellers all have a pretty good feel on where market values now exist.  The “free fall” of home prices and values and the fear of the unknown, exacerbated by the constant flow of foreclosures and short sales, have slowed down. Continue reading

Creating Family Traditions Over the Holidays

26 Nov

My childhood memories of Thanksgiving include family visits to both sets of grandparents, all of whom lived in St. Louis, Mo. which was only a 2 hour drive from our home. Thanksgiving eve, if there is such a thing, was always spent with my dad’s side of the family and Thanksgiving day at my mom’s side of the family.  They say opposites attract and well … that was certainly the case with my parents.

We would have ham at the Johnsons and turkey the next day at the Barrett’s.  We played cards and crammed into the Johnsons bungalow in the evening and dressed in our best with room to roam at the Barrett’s very large home the next day.  Although the atmosphere was like night and day, the core value of family togetherness was the same at both houses. We told stories, shared jokes, gave thanks for things that had happed throughout the year and ate way too much. Continue reading

Happy Thanksgiving!

25 Nov

All families celebrate Thanksgiving in different ways, which is what makes this holiday so wonderful. Brothers, sisters, aunts, uncles, grandparents and children who don’t spend enough time together during the year use this special day to see one another.

Each year my family sets the menu so everyone can bring their own specialty dish.

We pray, thank God for all our blessings and enjoy one another’s company.    Lunch starts promptly at noon, and if you are late we have already said the blessing and started eating.   Before my mom passed away she required us to be on time, so we make it our mission not to be late! Continue reading

A Quiet Thanksgiving

24 Nov

The holidays are almost here. I was reminded of this by the abundance of Kay® Jewelers commercials last night. In my mind, it is still September. But the calendar, not my mind, has won and Thanksgiving will be here in the blink of an eye (tomorrow in fact!).

I have lived in Greenville for 12 years. For the first 7 of those years, and the 4 prior that I spent in Virginia going to college, I flew home to Rhode Island for Thanksgiving. Yes you read that correctly, I flew on Thanksgiving, the most widely traveled holiday in the US. Continue reading

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