Wake Forest, NC Real Estate News

By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
We're looking for part time help beginning immediately for a part time carpenter for one of our crews.  The work would be 2-3 days a week, with potential for full time employment in the future. Applicants must be experienced in carpentry, and have knowledge of home construction/remodeling/repairs.  We specialize in repairing wood rot (exterior siding & trim) and real estate closing punchlists, and applicant would work both alone and with a team, depending on the job. No tools are required, as they will be provided.  Must have a clean driving record and a valid drivers license. Must be able to lift 80+ pounds without assistance from others.  Mostly will be ladder work. Pay to be determined based on experience, and first week would be at $10/hr on a trial basis.  Potential of up to $15/hr...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
Why are so many people now calling Wake Forest NC home?  Many reasons and here are just a few to get started.....  Location: Wake Forest has easy access to downtown Raleigh NC via Capital Blvd or US Hwy 401.  This close proximity allows many of Raleigh work force to escape the city and enjoy a quieter lifestyle in their personal time. Durham NC and RTP (Research Triangle Park) is also a relatively minor commute under 30 minutes.  Many residents of Wake Forest NC work in RTP and Durham. Our International Airport, Raleigh Durham International, is only a short 25 minute drive. Wake Forest NC is located almost equidistant from both the Blue Ridge Mountains and the Atlantic Ocean making a day trip easy in either direction! Quality of Life: Tree-lined streets with very affordable housing. A g...
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By Lee & Pamela St. Peter, Making Connections to Success in Real Estate
(Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522)
  Wake Forest NC Homes Market Report - July 2011     If you're considering moving to Wake Forest, NC or even if you're planning on selling a home in Wake Forest, NC, it's important to have the right information.       Our real estate market report will give you a good overview of how detached homes for sale in Wake Forest, NC performed during the month of July.     The pie chart on the left breaks down the number of detached homes in Wake Forest that were active, newly active, went under contract or closed last month.         The table below shows the break down of the detached homes for sale in Wake Forest NC that went newly active in the Wake Forest Real Estate Market in July: Take a sneak peek at all the new homes for sale in Wake Forest, NC last month (in alphabetical order by subdi...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
Well, the CSX Railroad is still at it, working on the crossings in Wake Forest. And according to the email  today from the Town of Wake Forest: "A CSX Railroad official says the Brick Street, Elm Avenue, and Holding Avenue railroad crossings will likely be closed to vehicular and pedestrian traffic until Thursday." I say that CSX should take their time and get it right so we won't have to worry about it for about 20 years.  So, it'll be inconvenient for a few days, but well worth it in the long run. The Town also mentioned: "For inquiries or to share comments with CSX about the current construction project, visit http://www.csx.com/index.cfm/about-csx/contact-us/tellcsx/?ci=4&ii=2. Please keep this in mind as you drive around Wake Forest this week.  Hopefully you won't be stuck at a cro...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
      Austin Creek is a brand new community in Wake Forest NC that has a community swimming pool, walking trails and a clubhouse ideal for neighborhood activities.  The tree-lined streets wind through the community evoking memories of a simple time.      Currently there are 6 homes for sale in Austin Creek with many more soon to hit the Multiple Listing Service.  The price range at     this time of those available is $211,999 - $252,240.  Square footage ranges from 2635 - 3044 with various styles and floorplans available.  Some homes have garages locatedin the rear of the home with an alley access which allows for a full frontal profile of the home.  There are also cottage homes available which are recognizable by their smaller lot footprint.            Current homes in Austin Creek are...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
Want to know one of the MANY reasons why living in Wake Forest NC is so awesome?  OUTDOOR CONCERTS!   This Sunday, August 7, is the next Outdoor Concert and it features Mandolin Orange!  Their music will be the absolute perfect entertainment for a relaxing, southern-style Sunday in Wake Forest NC.   Grab a blanket to sit on (or chairs), a picnic and some friends and head on over to E. Carroll Joyner Park this Sunday from 5:00 - 7:00pm.  It is going to be an incredibl e time! For more information about MandolinOrange such as their style, band members and upcoming gigs please be sure to visit their Facebook Page!  And if you need to know a little more about E. Carroll Joyner Park such as where it's located, amenities offered and activities the be sure to visit Wake Forest NC Parks and Gre...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
What does the Tax Free Weekend mean to you?  Well, it's the perfect time to get your "Back To School" shopping done.  Here are some of the items that you can find this weekend that are exempt from Sales Tax:    Clothing with a sales price of one hundred dollars ($100.00) or less per item.    Sport or recreational equipment with a sales price of fifty dollars ($50.00) or less per item.  “Sport or recreational equipment” is defined as items designed for human use and worn in conjunction with an athletic or recreational activity that are not suitable for general use. The items listed below are included in the term and are therefore exempt from tax during the holiday periodif the sales price of the item is $50 or less. This list is not all-inclusive.   Computers with a sales price of three ...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
Drivers in Wake Forest be alert!  The railroad crossing on Ligon Mill Road will be closed today through Saturday 8/6/11.  Here's a screenshot of the email the Town of Wake Forest sent out about the closing.                                                         CSX is working on all the crossings in the Wake Forest area, and some have already been repaired this week.  Be aware that you may have to take a detour if you are driving around Wake Forest and plan on going across an at grade railroad crossing.
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
Let's face it - the Real Estate market has taken a hit throughout the county.  The doom and gloom and bleak outlook is enough to make you cry in your cereal!  It is very tough right now for buyers and sellers in the Real Estate market to decipher what is accurate and which story to believe.  Well, I am here to tell you one thing for certain - Real Estate is local!  While the Real Estate market as a whole may be depressed at the moment you need to look individually at certain locales to understand the more precise condition of a particular market. Wake Forest NC, like the rest of the country, has seen its share of real estate values declining, an influx of short sales and foreclosures and tighter lender restrictions.  That's the bad news........here's the good news...... The Absorption R...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
  Here's a lovely picture of some garage trim on a house in a really nice neighborhood in Wake Forest.  The house is only 10 years old, and since the house is probably worth about $500,000 or so, it's got to be good, right?  I mean, they construct houses that are that expensive differently than the $100,000 homes, right?    Wrong!   Look closely at the upper left corner on the top/horizontal board.  Do you see that "wavy" looking area?  You may not be able to from the photo, but trust me, it's there.  That, my friends, is wood rot behind a solid layer of paint!     Sometimes there is good paint that has held up, but the material behind hasn't held up.  I know, you're thinking I'm pulling your leg about this.  You say there's no way that paint can hold up without good wood behind it.  I...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
Many times when I create the monthly market reports I reference the Absorption Rate.  On listing appointments I mention the Absorption Rate and even use it to assist me with my Competitive Market Analysis.  An Absorption Rate is a great indicator of what is happening in a local real estate market.An Absorption Rate quite simply is the supply of homes that are on the market.  For instance, if there is an Absorption Rate of 8 is would mean that should NO other homes be listed it would take 8 months for the currently listed homes to sell or to be "absorbed" back into the market.Typically, a balanced market has an Absorption Rate of 6.  That means that it is neither a Sellers Market nor a Buyers Market.  When you see the Absorption Rate go above 6 then you have entered into a Buyers Market ...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
Wake Forest is located centrally in North Carolina in Wake County.  We are equidistant from both the great Appalachian Mountains and the Carolina Coast making day trips a breeze regardless of your chosen outdoor activities!  Located just north of Raleigh NC Wake Forest NC is also a prime location for commutes to Raleigh, RTP (research Triangle Park) and Durham.  Many of the residents of Wake Forest work at Cisco Systems, Duke Hospital, IBM and many of the other Technology Corporations.     Wake Forest, NC maintains a “small-town” charm while still providing residents with all of the everyday amenities and conveniences of day to day life.  We have an unparalleled Historic Preservation Committee that understands the balance between maintaining historic preservation yet allowing both home ...
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By Leesa Finley, RED Properties - Raleigh NC Real Estate
(RED Properties)
Tomorrow night, August 2, 2011, Wake Forest NC will be recognizing National Night Out with a Parking Lot Party at the Super Target from 5:00pm - 9:00pm.   Target is the National Sponsor for National Night Out which is a nationwide program geared towards promoting Neighborhood Spirit and Police-Community Patnerships in a fight for a safer nation.  National Night Out is designed to: Heighten crime and drug prevention awareness; Generate support for, and participation in, local anticrime programs; Strengthen neighborhood spirit and police-community partnerships; and Send a message to criminals letting them know that neighborhoods are organized and fighting back. This year celebrates 28 years since the inception of National Night Out and communities throughout the nation are celebrating in ...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
So we missed late June and early July as originally projected by the NCDOT.  But the good news is according to the Town of Wake Forest's website the bridges and road section at Jones Dairy Road in Wake Forest is scheduled to open TODAY after 1pm.     Great news for all you local drivers that have been taking the long way around!     And now the bridges should be nice and wide to accomodate for some future growth in traffic on this road as well.  So no more worrying about two cars being on the bridge at the same time!     So get out there and visit your friends on Jones Dairy Road again.  They've missed you!              
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By Lee & Pamela St. Peter, Making Connections to Success in Real Estate
(Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522)
  Wake Forest NC Homes Market Report - June 2011     Calling Volunteers!  It's beautiful outside and to preserve the trails that allow us to enjoy the beauty of Wake Forest, NC's natural areas (while leaving our compasses at home, and not romping through the forests aimlessly), the Town of Wake Forest's Adopt-a-Trail Program is looking for those interested in playing an active role in the beautification and preservation of the greenway trails everyone enjoys.  For more information or to volunteer, visit the Town of Wake Forest's website.   If you're considering moving to Wake Forest, NC or even if you're planning on selling a home in Wake Forest, NC, it's important to have the right information.       Our real estate market report will give you a good overview of how detached homes for ...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
I hope all of you enjoyed today and were able to celebrate Independence Day with family & friends.  And those of you in Canada, I hope you had a good Canada Day a few days back! I got to walk in the local Children's Parade here in Wake Forest, and it was fun!  Kinda like a traffic jam of people in the street, all going different speeds.  Some were on bikes, some on scooters (both electric and non), some pushing strollers, and some just walking.  But it was fun!   In case you missed the parade, and would like to be part of it next year, it's always on July 4th and traditionally starts on North Main St.  It has been starting around 10:30am, with line up beginning at 10am.  You can find more about that and other 4th of July/Independence Day activities at the Town of Wake Forest website   A...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
Many of you may have heard rumors that I'm sort of a naturalist type. Yes, it's true. I love nature. Guilty as charged. Cuff me and take me away... As such, my backyard is set up in a manner that is most conducive to watching nature.   And as such, God has given me a great backyard to see nature. And I even have spotters trained to assist (wife & kids). They can tell you if that bird on the feeder is a Carolina Chickadee, Tufted Titmouse, or a White Breasted Nuthatch. Or if it's not. As long as they don't get distracted...SQUIRREL!         We had some day lilies growing...       There was a large sphinx moth at those same lilies one evening. I was very lucky to be out there at the same time, and had my Droid on me at the time.   Trust me, it's much cooler in person than on the screen. T...
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
This just makes me want to cry.  I met him last year, and he has always been one of my basketball heroes.He was so humble and gentle when I met him, and I think that's how he lived his life. Goodbye Lorenzo, we will miss you.  Our prayers are with your family. Lorenzo Charles killed in bus wreck    
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By Jeremy Wrenn, C.O.O., Winslow Homes
(Winslow Homes)
Obviously in our economy everyone sees gas prices going up.  But is that all the price of oil affects?  Of course not! Almost our whole world seems to be made of plastic, and thus ultimately oil.  Many of today's building materials are made from oil products, specifically PVC products that are commonly used for replacement trim.  It is becoming a more and more common material in building and remodeling, especially in areas that are suseptable to water damage, such as window & door trim. And since the price of crude oil recently hit record highs, the price of PVC products went up with it!  I recently found out that a small item went from $21 to $30 in less than 2 months, so it go me wondering.  I did some price checking. I called my supplier earlier this week, and found out that a standa...
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By Lee & Pamela St. Peter, Making Connections to Success in Real Estate
(Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522)
Wake Forest NC Homes Market Report - May 2011 Wake Forest, NC has opened nominations for the GOOD NEIGHBOR OF THE YEAR award!!  The Wake Forest 6th annual Good Neighbor Day is coming up and the Wake Forest Human Relations Council (HRC) is looking for your favorite neighbor who works to benefit the quality of life in the neighborhood without looking for recognition in return.  Do you have someone in mind? ...Must be a Wake Forest resident of course.  Check out Wake Forest's Good Neighbor Day for more info.   If you're considering moving to Wake Forest, NC or even if you're planning on selling a home in Wake Forest, NC, it's important to have the right information. Our market report will give you a good overview of how detached homes for sale in Wake Forest, NC performed during the month...
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