Chapel Hill Real Estate Search

The News and Observer reported today that Triangle home prices continued to rise faster then the national average in the second quarter of 2007.   Raleigh Cary home prices rose at a 7.08%rate, while Durham homes rose at 5.38%.  The national rate was far lower at 3.19%. Good news for us in the Triangle, but we are also affected by the slower national market.   Close to 25% of our local sales are by transplants relocating to the Triangle.   With many of them having a harder time selling their homes, the problem trickles down to our market.

But still, very good news for Chapel Hill home buyers in the midst of many glum news reports. Call Reg Morgan if you have any questions about our local real estate market.

Summer is not over yet in Southern Village.  There are still some good concerts coming up as well as interesting special events throughout August and September.

Southern Village is a great community in Chapel Hill.   If you are interested in buying or selling real estate in Chapel Hill or throughout the Triangle, call the Chapel Hill realtor with over 20 years of experience.   Call Reg Morgan for more information on our local real estate market.

There has been alot of attention paid in Chapel Hill to some high profile real estate auctions.   The Hilltop House at 740 East Franklin Street was the subject of a recent article in the Chapel Hill News.   What the article didn’t mention because of early printing deadlines, is that not a single qualified bidder showed up.   Many people think of an auction as a last resort when a property isn’t selling.   But there are so many other options other then tagging the property as “up for auction.”   With the unfortunate alternative as in this case, that locals have seen the sign, the article and know that the house did not generate any interest.

The price is the first thing that should be reevaluated and that should be throughout the sales process.   A good realtor will have a sensible price from the start and with a good marketing plan that includes print and internet advertising, staging, and reasonable home improvements the home should attract attention from local realtors and buyers. Their feedback is instrumental in tweaking the home’s interiors/exteriors,  marketing and price.

For more information about selling your Chapel Hill home, contact Reg Morgan, your Chapel Hill realtor.   Take a look at the current Chapel Hill MLS listings to see what is for sale now.

Meadowmont is a great community in Chapel Hill - and is a special favorite in the Summer months.   This walkable community features upscale stores and restaurants and  a variety of housing options from the $400s to over $1 million, including townhomes, condos and single family luxury properties.  The top-rated Rashkis Elementary school is located just up the hill here and is a great part of living in Meadownmont.

The Meadowmont Club and the UNC Wellness Center are two great resources that make this area such a favorite.   If you are interested in Chapel Hill real estate or you want to learn more about Meadowmont, contact Reg Morgan, your Chapel Hill realtor with over 20 years of experience.