Archive | March, 2011

Survey Says….NC Ranks High in the 2010 Census Results

31 Mar

The 2010 Census Results showed North Carolina grew at a healthy pace over the past decade.  Why is this important?   North Carolina continues to be a hot-spot for relocation. The quality of life, the great weather, the friendly people, the housing affordability, and the accessibility to both the mountains and the coast in one state make it a one-of-a-kind destination!!

The Top 3 Counties in North Carolina from the year 2000 to the year 2010:

  • Mecklenburg County grew 224,174 new residents to a total of 919,628 residents = a 32.2% increase
  • Wake County grew 273,147 new residents to a total of 900,993 residents = a 43.5% increase
  • Guilford County grew 67,358 new residents to a total of 488,406 residents = a 16% increase Continue reading

Only the Shadow Knows

30 Mar

This shadow is not the superhero. But, like the superhero from the 1930s, this shadow has “the power to cloud men’s minds so they cannot see him.” Don’t let the spectre of “shadow inventory” negatively impact on your desire to sell your home this year.

Shadow inventory is the growing collection of homes that are gradually being released to the real estate market. This inventory is made up of bank-owned properties in foreclosure (sometimes called REOs), as well as “future” foreclosures…homes whose owners are seriously delinquent on their mortgage payments. As more “shadows” hit the market, the law of supply and demand dictates that home prices will soften. This can be particularly troubling given that foreclosures often sell at a 41% discount.

North and South Carolina are among the top 26 states with the highest levels of shadow inventory. We can take some comfort from the fact that 7 states (Arizona, California, Florida, Nevada, Illinois, New York and New Jersey) account for nearly 60% of that inventory. Continue reading

Facebook Relaunches Questions Feature

29 Mar

The moment we’ve all been waiting for is finally here! Facebook has been updated! OK, I’m clearly kidding but I had to throw that joke out there sometime (I’ve been wanting to for months). As I’ve said before, Facebook, the social networking giant, continues to update their platform at a rate that never ceases to amaze me.

Not too long ago it was a major overhaul to Facebook’s Business Pages. Now, Mark and his friends have revamped and relaunched the much anticipated “Questions” tool.

According to a blog post from Facebook, the change comes from Facebook’s understanding that how we use and interact on the platform has changed. “Friends are often the best source of advice when you’re trying new things: Where should I go to dinner? How do I go buy a car? What new music should I check out? Friends know your tastes, and you have confidence in their opinions.” Continue reading

Recycle a Home? Yes You Can!

28 Mar

Have you ever considered recycling your home?

You buy a house and lot with the plan to tear down the existing house and build a new one to your particular liking.  Nothing new here. Neighborhoods have been being “redeveloped” in this way for years.

But now there’s a twist.

You can donate the existing house to Builders of Hope and they will recycle it.

No, I don’t mean they will take it apart and give the different materials to be reused (which is another form of recycling).  They actually relocate the entire house. Continue reading

Allen Tate Company Goes Mobile

25 Mar

Several years ago, we would have stared, wide-eyed, in disbelief had someone asked us to access the internet from our mobile devices. Fast forward a few years, add in a few advancements, and now we barely think twice as we look up a restaurant, a statistic, a movie time or details about a home for sale on our mobile devices.

According to a recent blog released by Nielsen, “Multipurpose smartphones that allow users to access the web and email as well as run thousands of apps and share text and picture messages are now 25 percent of the U.S. mobile market.” While that does signify a large use of smartphones, it also signifies a shift in how companies both market and communicate with their customers. Continue reading

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