by Brian Pate | Aug 4, 2022
July has been an interesting month in real estate activity in the Raleigh and Durham region of North Carolina. The number of listings is up, as are the number of sales, while days on market has started to shift due to some new rules with the Triangle MLS. A merger...
by Brian Pate | Aug 4, 2022
The Triangle MLS (TMLS) Board of Directors announced to members on July 19, 2022 that an agreement has been reached with the Burlington-Alamance Association of Realtors to merge with the 2nd largest MLS in the state of North Carolina. The vote for the merger is on...
by Brian Pate | Jul 26, 2022
The Fed rate and house values are going up again! Today starts the Fed’s 2-day meeting. Expect the Fed to increase rates by ¾ of one point on Wednesday afternoon (July 27, 2022) at their 2pm press conference. I expect they will continue raising rates until inflation...
by Brian Pate | Jul 26, 2022
For the first time in two years, there are more than 5,000 active listings on the market in the Raleigh/Durham area *. This morning, according to Triangle MLS, there are 5,028 active listings. The lowest number of active listings this year was on March 15, 2022, when...
by Brian Pate | Jul 20, 2022
Charles Johnson Tribute from Brian Pate Please bear with me for this one as I leave the real estate discussion to discuss something on a personal note. On Sunday night, July 17, 2022, I received a call that would change my life. The call was from Pat Kennedy, the...