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Cary, NC

Getting The Home Ready To Sell

Thanks Ronnie - I was just trying to provide some valuable data that will help homebuyers and sellers when making the decision to buy or sell.  (Aug 8, 2010 | post #9)

Cary, NC

Restaurant Review of Herons, Located in the Umstead Hotel...

Heron's is the only "Big City" restaurant in the Triangle. It's my favorite!  (Jan 1, 2010 | post #1)

Cary, NC

Cary shines in crime study; Raleigh, Durham not so much

It's not surprising - Cary is a very safe community.  (Jan 1, 2010 | post #2)

Cary, NC

Cary delays or cancels projects

That's truly unfortunate. We have many trails and parks and the dog park we have is really nice.  (Jan 1, 2010 | post #1)

Cary, NC

living in cary

I just love the comment above - I love this large, boring, clean, beautiful, family friendly, diverse, small feeling town...that just about sums it all up...  (Jan 1, 2010 | post #23)

Cary, NC

Living in Cary

85% of all homes sold in the Triangle in 2009 were below $350k. The list/sales price ratio in this category is ~97% of asking price. Although prices have come down this price point is still selling in this area.  (Jan 1, 2010 | post #451)

Cary, NC

Home Values are Stable in Cary NC

Although the media is full of doom and gloom Cary is holding it's own. Home sales are off by 40% this year but home prices continue to remain stable. This can be seen in the local TARR - Triangle Area Real Estate Report and has also been captured by CNN News. They have an interesting report that looks at price appreciation and date for coming out of the real estate downturn for the Top 100 cities in the USA. Although are prices are flat we are expected to come out of the downturn in Q32009. http://money.cnn.c om/magazines/money mag/moneymag_reale state/2009/maps/st ates.html Based on what I'm hearing from other agents around the country and what I'm seeing in the market this is due to the fact that we've continued to see stable employment, highly educated workforce, and the real estate prices did not fluctuate here like they did in other areas of the country.  (Apr 8, 2009 | post #1)

Cary, NC

Living in Cary

Outside of Cary will always be less expensive. You have to way the commute. There is a great new pizza parlor in downtown Apex but no specialty pizzarias in Cary.  (Jan 25, 2009 | post #376)

Cary, NC

Getting The Home Ready To Sell

As we move from a sellers market to a buyers market sellers are realizing that it is much more difficult to sell a home in today's market than in the past. The probability of selling a home in the Triangle right now is 60%. That said, I have several listings coming on the market in the next 30 days and my sellers ask me the following question on a regular basis, "What do I have to do in the current real estate market to sell my home? In an effort to best address this question I thought I'd pull together a few ideas to address my seller's concerns. Every situation is different but there area a few concepts that do apply across the board. Price Your Home Based on the Current Market Just because a house comparable to yours sold for a top dollar last year does not mean you will be able to realize the same price when selling your home now. Keep in mind that appraisers only look at comparables up to six months back. In a buyer's market, list prices should reflect homes in the area that are on the market or currently pending, not necessarily those that have previously sold. Make Your Home More Marketable When a buyer sees your house for the first time, a critical first impression is made. Last winter I wrote a post called First Impressions Mean Everything To Buyers, Especially During the Holidays which helps describe the efforts needed to market your home during the holidays. Basic principles include maximizing curb appeal by trimming trees and planting flowers. A fresh exterior coat of paint might also prove valuable. Consider neutral colors for interior walls and carpets. Dark colors on walls, along with unnecessary clutter, make rooms look smaller. Pre-Inspections are critical If your home requires repairs, it is a good idea to go ahead and fix the problems. Potential buyers will cast an extremely critical eye over your home and, in a situation when more houses are available on the market, they may take a pass on a home that needs too many repairs. Be sure to have the home inspection report available for prospective buyers itemizing all of the repairs that have been made and the associated cost for each. Shop the competition I'm a firm believer in "shopping the competition". I regularly have my client visit the other listings for sale on the market to see if they have like upgrades, curb appeal, and are priced right. In addition I have my clients visit new construction to see the current home trends, upgrades and incentives that builders are offering. Offer a "Seller's Contribution. " In addition to competitive pricing, incentives for buyers & buyer agents may do the trick. Possible incentives include paying discount points to lower the mortgage rate, paying closing costs or providing flexibility about the move-in date. Even consider offering a premium to the buyer's agent. Add a half-point or a point to the commission, or give the agent a cruise or a big-screen TV. Last, many Townhomes require monthly HOA dues. Paying the first year's HOA fees can be a big incentive to a buyer nearing the limit of their liquid assets. Have a Rock Solid Internet Strategy Over 80% of all homebuyers use the internet to search for their home. Working with an experienced agent that is committed to internet marketing will maximize a seller's property on the internet to attract more buyers. Agents that use listing syndication have an advantage in selling properties. Consult an Expert So don't let the slowdown in the market or the winter seasonality hamper your plans -- if you prepare properly and make the right moves, you can sell your house. Properly priced homes that stand out from the competition are selling. In Wake County through October 2008 11,987 homes were closed! Days on Market in Wake County has climbed 83 so it's taking a bit longer to sell but are selling. By working with and consulting an experience professional that knows the area your odds of selling your home increase substantially.  (Nov 29, 2008 | post #5)

Cary, NC

Getting The Home Ready To Sell

Free America - there are competent Realtors in NC and there are the others. Convicted felons are not able to get a license in NC.  (Nov 29, 2008 | post #4)

Cary, NC

love/like/hate Cary?

Part I of my update on Why I love Cary -I moved to the Triangle in 1991 and have lived in Cary since 1994. I'm practically a native. I've watched Cary blossom into and established and well planned community. Here are some of the reasons I love to call Cary, NC home! Location & proximity to Research Triangle Park Many of the Triangle area residents commute North into the RTP (Research Triangle Park) area rather than downtown Raleigh. Now that the widening of two major alternative routes to I-540 (HWY 55 and Davis Drive) has been completed the commute into RTP is a quick 10-15 minute drive to the major employers in the area. Cary is also a quick commute to the RDU Airport and the 3 Major Universities in the area. The Great Outdoors Cary's land-acquisition ordinance requires builders to donate land to the city's Parks and Recreation Department based on the number of houses that will be built. Currently, Cary has 20 city parks, including the Fred G. Bond Metro Park and Hemlock Bluffs Nature Preserve. There's also the Kids Together Park with a large playground. In addition to community swimming pools, tennis courts and some of the finest golf courses in the area, these green spaces are what make people from all over the country want to call Cary home. There are also plenty of public sports venues around town including Cary Tennis Park, Triangle Aquatic Center (TAC), and the USA Baseball Park. Highly Educated Community & Great Schools Cary has the highest median household income in Wake County ($89,623), and more than two-thirds of Cary residents hold a college degree. Cary is also been touted as having the highest number of Phd's in the country. Cary schools are a part of the Wake County Public School system and continue to rank as some of the highest rated schools in Wake County. Many are still on the traditional school calendar also. Planned Community Planning, planning and more planning is Cary's adage. It takes but one drive around the Maynard loop, which circles Cary, to understand the vision: planned neighborhoods with large homes, two-car garages and well-groomed lawns are scattered throughout the town. National Geographic even wrote a great article on Cary a few years back titled "All roads lead to a cul-de-sac in this mushrooming high-tech hometown of transplanted Yankees. A friendly game of bunco, anyone?" Business Cary is home to such leading companies as SAS Institute-the largest privately held software company in the World. American Airlines and John Deere also have a big presence. However, unlike many towns, commercial development is regulated much the same as residential development. While other Triangle towns have rules governing residential neighborhoods, Cary insists on tasteful commercial buildings that match the surroundings. Downtown Cary Downtown Cary is undergoing a major revitalization over the next few years called Cary Streetscape. The goal is to preserve the days gone past but bring in businesses and shops that allow residents to live, work, and play in the downtown area. This is also where Lazy Daze Arts and Crafts Festival is held annually, which is considered one of the finest festivals in the state. Page-Walker Arts and History Center, formerly the Page-Walker Hotel, which was built in 1868 to serve train passengers is also located in the downtown area and a great destination point.  (Nov 29, 2008 | post #33)

Cary, NC

love/like/hate Cary?

Part II Why I love Cary Cultural & Performing Arts Jordan Hall Arts Center features an art gallery for monthly exhibits that promote and support local artists. Studio time for potters, painters and portrait artists is regularly scheduled. The center is also monthly meeting place for The Fine Arts Leaque of Cary. If you enjoy art on a larger scale the North Carolina Museum of Art, in Raleigh, is one of the finest art galleries in the Triangle. For performing arts Koka Booth Amphitheatre is located in the Regency area of Cary, has regularly scheduled concerts and venues, and is a fantastic way to enjoy an evening outside in the summertime. Medical Care WakeMed is Cary's top notch hospital and is located near Tryon Road and Kildaire Farm Road. WakeMed has helped to serve the growing population's need for, and access to, convenient medical care. Accolades The list keeps growing every year. Money magazine is in love with Cary and the Triangle in general. Cary was recently named best place to live in the country and the hottest town on the East Coast. Click here to watch Kiplinger's Video on why the Raleigh-Cary Area is ranked the #2 Best Place to Live in 2008. Growth of Cary Attention to detail has proved very beneficial when dealing with the population explosion in Cary. In fact, Cary has doubled its population every decade since 1960. Cary is the seventh-largest municipality in the state and has grown from 43,000 in 1990 to more than 120,000 today. To handle the expansion, city leaders and developers carefully control development and have built an infrastructure to absorb the growth. In fact, it wasn't until recently that the voice to slow down Cary's growth was heard. Lately, Cary officials have been developing innovative growth controls. Some of these include requiring developers to prove there are enough roads and classrooms to accommodate the newcomers, as well a $70 million expansion of the water treatment plant that serves Cary and nearby Apex.  (Nov 29, 2008 | post #32)

Cary, NC

love/like/hate Cary?

Part I of my update on Why I love Cary -I moved to the Triangle in 1991 and have lived in Cary since 1994. I'm practically a native. I've watched Cary blossom into and established and well planned community. Here are some of the reasons I love to call Cary, NC home! Location & proximity to Research Triangle Park Many of the Triangle area residents commute North into the RTP (Research Triangle Park) area rather than downtown Raleigh. Now that the widening of two major alternative routes to I-540 (HWY 55 and Davis Drive) has been completed the commute into RTP is a quick 10-15 minute drive to the major employers in the area. Cary is also a quick commute to the RDU Airport and the 3 Major Universities in the area. The Great Outdoors Cary's land-acquisition ordinance requires builders to donate land to the city's Parks and Recreation Department based on the number of houses that will be built. Currently, Cary has 20 city parks, including the Fred G. Bond Metro Park and Hemlock Bluffs Nature Preserve. There's also the Kids Together Park with a large playground. In addition to community swimming pools, tennis courts and some of the finest golf courses in the area, these green spaces are what make people from all over the country want to call Cary home. There are also plenty of public sports venues around town including Cary Tennis Park, Triangle Aquatic Center (TAC), and the USA Baseball Park. Highly Educated Community & Great Schools Cary has the highest median household income in Wake County ($89,623), and more than two-thirds of Cary residents hold a college degree. Cary is also been touted as having the highest number of Phd's in the country. Cary schools are a part of the Wake County Public School system and continue to rank as some of the highest rated schools in Wake County. Many are still on the traditional school calendar also. Planned Community Planning, planning and more planning is Cary's adage. It takes but one drive around the Maynard loop, which circles Cary, to understand the vision: planned neighborhoods with large homes, two-car garages and well-groomed lawns are scattered throughout the town. National Geographic even wrote a great article on Cary a few years back titled "All roads lead to a cul-de-sac in this mushrooming high-tech hometown of transplanted Yankees. A friendly game of bunco, anyone?" Business Cary is home to such leading companies as SAS Institute-the largest privately held software company in the World. American Airlines and John Deere also have a big presence. However, unlike many towns, commercial development is regulated much the same as residential development. While other Triangle towns have rules governing residential neighborhoods, Cary insists on tasteful commercial buildings that match the surroundings. Downtown Cary Downtown Cary is undergoing a major revitalization over the next few years called Cary Streetscape. The goal is to preserve the days gone past but bring in businesses and shops that allow residents to live, work, and play in the downtown area. This is also where Lazy Daze Arts and Crafts Festival is held annually, which is considered one of the finest festivals in the state. Page-Walker Arts and History Center, formerly the Page-Walker Hotel, which was built in 1868 to serve train passengers is also located in the downtown area and a great destination point.  (Nov 29, 2008 | post #31)

Cary, NC

Cary's rules ruffle feathers

I went to a home in Apex today that had a rooster. My they are annoying! Glad they aren't here in Cary!  (Nov 15, 2008 | post #3)

Cary, NC

Getting The Home Ready To Sell

In a buyers market,which we are currently in, it is even more important to turn to an experienced Realtor/Agent. Removing wallpaper, as Linda mentioned, is one of many things sellers need to do to get their homes sold in this market.  (Nov 15, 2008 | post #2)

Q & A with Tracy Santrock

Headline:

Cary NC Real Estate Expert

Hometown:

Cary

Neighborhood:

Glenkirk/Preston Area

Local Favorites:

Bond Park, Umstead Park, Preston

I Belong To:

Prestonwood Country Club

When I'm Not on Topix:

Tennis, Family

Read My Forum Posts Because:

I know the area well

I'm Listening To:

Jazz, lots of Jazz

Read This Book:

Marlie and Me

Favorite Things:

Pets, Traveling Worldwide, Real Estate

On My Mind:

Life is short-enjoy it while you can

Blog / Website / Homepage:

http://TriangleNCHomes4Sale.com

I Believe In:

God and my Higher Power