Archive for November, 2009

New mixed use center in Holly Springs announces grand opening

Main Street Square is a 37-acre mixed-use community that includes townhomes, apartments and single-family homes mixed with 80,000 square feet of retail, office and restaurant space in justoff South Main Street in Holly Springs.

Zillow cheif economist speaks about new home buyer tax credit changes

Did you know that on-line home valuation monster Zillow.com has a chief economist? I like that they do because I feel opinions like his are market driven and not reports written for stock analysts.
Read New Homebuyer Tax Credit Proposal: Impact on the Housing Market by Stan Humphries. In his post he writes “Until now, we’ve [...]

Homebuyer Tax Credit Extension Passes U.S. House and Awaits President’s Signature

I received this by e-mail earlier today:
Stay tuned for official word from NAR but the bill including the homebuyer tax credit extension and expansion passed the House by a vote of 403-12 after passing the Senate last night 98-0. This is great news for our market.  This will certainly help get buyers off the fence!
Thank [...]

Pending home sales on the rise

Raleigh area builders I am seeing succeed now are those that have adjusted their pricing to entice the hottest pool of existing buyers, first timers.