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...
by Brian Pate | Jul 18, 2022
Harmful Effects of Changing the List Price The Research Are there any negative effects from changing the listing price of a property? This question haunts Brokers/Agents as well as sellers of property every day. At present, there does not seem to be a consensus...
by Brian Pate | Jul 11, 2022
I am often asked, “How many Realtors are there?” For many, it may seem like everyone has a real estate license and sells real estate “on the side.” To clarify, all Realtors hold a real estate license but not all licensees are Realtors. According to data from the...