by Brian Pate | Feb 28, 2023
I am hearing stories again of listing agents in North Carolina requiring Buyer Agents to provide an “Appraisal Addendum” with offers from buyers. Basically, the appraisal addendum is a commitment from the Buyer that if the home appraises below the sale price, the...
by Brian Pate | Feb 20, 2023
Today’s Stats: Total Active Listings: 4,950 Avg DOM Active Listings: 26 Med DOM Active Listings: 0 (New construction always at zero) Avg List Price Active Listings: ...
by Brian Pate | Feb 17, 2023
The case for real estate ownership is still compelling even though there are some choppy waters across the country. Every three years, the Federal Reserve publishes their Survey of Consumer Finances (SCF). The new SCF won’t be published until September of this year,...
by Brian Pate | Feb 16, 2023
The Patterson-Eppes Home: Historic Home in Wake Forest, North Carolina 605 North Main Street Wake Forest, NC, Wake County Imagine yourself as a child in the 1930s. These were the years of the “Great Depression” following the collapse of the stock market due to...
by Brian Pate | Feb 6, 2023
Hi there, I’m Brian Pate, a real estate instructor in Raleigh and Durham, North Carolina and your agent asked me to share some local real estate statistics with you. As always, if you have any questions, please contact your agent for details on how your house compares...