Archive for July, 2008

Chapel Hill Real Estate Market Just Keeps on Going

Monday, July 14th, 2008

Well, there certainly is alot of doom and gloom in the market.  My wife can’t believe that her old company, Lehman Brothers might not make it through the summer.    And the mortgage mess has really absorbed a great deal of speculation in the media.  But Chapel Hill has weathered the storm pretty well, although it has been a rocky Spring market. 

If you are thinking of buying Chapel Hill real estate, now is a great time, as sellers are anxious to get a sale.  And if you want to put your house on the market — let’s do it!  There’s no time like the present and still time to make the sale this Summer.

This is a time to go for experience - call me, Reg Morgan.  I’m a Chapel Hill realtor with over 20 years of experience in buying and selling real estate — and also a state certified real estate appraiser.  This means I know what property values really are.  In this challenging market - you need that knowledge!

Carolina North - Good News for Chapel Hill Real Estate

Tuesday, July 1st, 2008

The University released more information on the benefits that Chapel Hill and Orange County will see from Carolina North.  The fiscal impact analysis is impressive and I’ve linked to the full report here.  

The next report includes the estimate of indirect benefits and impact that are anticipated from the development.   The report notes that this evaluation is much like an appraiser looking at comps to evaluate values.  This is a great point and one I am very familiar with as a licensed NC real estate appraiser.

The real estate market is very tough right now and if you follow the news that is not a great revelation to you.  In these difficult times, you need a real estate agent with experience - I have over 20 years of buying, selling and appraising.  Giving real values to real estate and not inflated guesses!  I also have the CRP (Certified Relocation Professional) and GRI (Graduate, Real Estate Institute) designations, meaning I have special expertise in relocating clients and advanced skills in real estate.

Contact me, Reg Morgan, your Chapel Hill realtor with any questions about today’s real estate challenges.