Barrett Powell Real Estate Team

Selling Property In Pittsboro, Chapel Hill, Apex, or Cary – Should You Get an Appraisal?

 If you are selling you property in today’s market, should you get an appraisal before you put the property on the market?   In Pittsboro, Cary, Apex, Chapel Hill, and surrounding areas, the answer is yes and no.   Here is the advice I give sellers. If the price you want for your house can be easily supported by recent comparable sales then it may not make sense to have an appraisal done. An... [Read more...]

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Buying Investment or Rental Property in Chapel Hill, Apex, Cary, and Pittsboro

With all the foreclosure and “short sale” properties available in the Chapel Hill, Apex, Cary, and Pittsboro areas, one would think finding good investment rental properties would be easy.  And in one since it is, there a many properties to choose from at relatively low prices.  The first rule of buying investment property is buy at a good price.  But there are many more... [Read more...]

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Homes For Sale in Pittsboro and Chatham County Report

For the period ending January 29, 2010, the home market in the Chatham County areas that include Pittsboro, Chapel Hill, Apex, Cary, and Sanford took a slight drop from the previous two months.  The numbers looked like this for December and January: Total Properties on the market were 741. The number of new listings for the period was 68. The number of sold homes was 23. The number of expired listings... [Read more...]

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Buying Property in Chapel Hill, Apex, Cary, and Chatham County (Part 2, Erosion Control)

Buying proper, land, is not as complex a transaction as buying a home in Chapel Hill, Apex, Cary, and Chatham County.  However there are some things you need to know concerning erosion control rules.  Recently, new ordinances have gone into effect that deal with how you have to control erosion on land you own when you go to clear that land to build your home on.  In the past, you simply cleared... [Read more...]

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Short Photo Tour Of Chatham County

Back in the summer I was out and about in Chatham and had the chance to take a few photos at Jordan Lake, The Preserve, Fearrington, and Pittsboro.  It was a beautiful day and the pictures really do tell the story of how beautiful it is here in this rural part of the Triangle. Here’s the boat ramp at the end of N. Pea Ridge Road at Jordan Lake.  One of the largest bodies of water... [Read more...]

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Home Traffic in Chapel Hill, Pittsboro, Chatham and NC seen lower in September

Chatham County and North Carolina saw lower than expected traffic according to the Credit Suisse Realtor Survey. As a monthly contributor to the report for the area, I get sent copies of the report which I share with my clients and my agents. A copy of the full report can be downloaded here http://www.remaxchatham.com/reports/RealtorSurvey10-8-2009.pdf Traffic for first time homebuyers and investors... [Read more...]

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How to buy a house in Chapel Hill, Pittsboro and Chatham County

Buying a house in Pittsboro or other parts of Chatham County is not unlike buying a house in any other part of the Triangle or the Country for that matter, with one exception. Chatham has in the past been one of the fastest growing Counties in the region, the Country even. So depending on your idea of the “perfect” home, one thing usually stands out when considering where to buy…location, location,... [Read more...]

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Chapel Hill, Pittsboro, Chatham County Sales Still Slightly Lower, But Improvement Seen

Chatham County’s home sales were off in August by 12% year of year from last August. In 2008, Chatham had 54 home transactions according to the Triangle MLS system. For 2009 that number was down slightly by 6 to 48 home transactions, indicating a slowing of the drop in year over year home sales. The news is still tough for area Realtors, though all are seeing increased activity and pending contracts. Looking... [Read more...]

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