home sale prices (Raleigh, Durham, Cary: sales, foreclosures, chapel)

[lovemyguys]

are there any other sites beside domania.com that shows recent home sale prices?

[I'minformed2]

zillow.com

[NewUser]

The Wake county website lists recent sales with a certain radius of a given home address. It doesn't, however, take closing costs, etc paid by the seller into consideration.

[I'minformed2]

that site should be closed down...it gives out way too much personal information.You can type in any address. or any homeowners name in wake county and find out how much they paid for thier house. thier taxes, their deed dates, and a lot of other personal information. not to mention pictures of the house....perfect for your typical stalker/serial killer!

[ducter]

Originally Posted by i'minformed

that site should be closed down...it gives out way too much personal information.You can type in any address. or any homeowners name in wake county and find out how much they paid for thier house. thier taxes, their deed dates, and a lot of other personal information. not to mention pictures of the house....perfect for your typical stalker/serial killer!

I agree, funny how the governments tell us to protect our identity and then they put half of it online...

[Tracy_Santrock]

Iminformed mentions zillow.com. Just keep in mind that this site is an estimate and isn't always correct. It will get you started though.

[MikeJaquish]

Originally Posted by ducter

I agree, funny how the governments tell us to protect our identity and then they put half of it online...

There is an astounding amount of information available online.
The tax site pales in comparison to the Recorder's site.

Freedom of Information.
Notice how quickly scammers are in your mailbox when you buy a home or refinance your mortgage. Sometimes within 72 hours of closing.

[hi2nc]

Here in HI, as in most parts of the country, we've seen incredible increases in sale prices in the past few years. But within the last year, home sales and prices have slowed down considerably, and even took a "very slight" dip in some areas. All in all, the median price has been fairly similar as last year, with the exceptions of some areas that have been particularly hot/cold.

What about the Raleigh/Cary/Durham market? Not really interested in the outlying areas like Clayton, Knighdale, Fuquay, etc at this point. We wanna focus our research mainly near the RTP area since the housing options are almost limitless here.
I know its been said in this forum that this area has enjoyed steady growth, in both the number of sales and home sale prices. It seems to be relatively unaffected by what's going on in other parts of the country. Doesn't seem to be any bubbles bursting here. Do you see that trend (steady growth) continuing for the next 12-18 months (that's our timeline for moving and buying into the area). Does it looke the same for both new construction as well as resales (less than 5 years)? What about loan defaults or foreclosures? Any increase?
Would appreciate anyone chiming in w/ info on this one...thanks!

[MikeJaquish]

Originally Posted by hi2nc

Here in HI, as in most parts of the country, we've seen incredible increases in sale prices in the past few years. But within the last year, home sales and prices have slowed down considerably, and even took a "very slight" dip in some areas. All in all, the median price has been fairly similar as last year, with the exceptions of some areas that have been particularly hot/cold.

What about the Raleigh/Cary/Durham market? Not really interested in the outlying areas like Clayton, Knighdale, Fuquay, etc at this point. We wanna focus our research mainly near the RTP area since the housing options are almost limitless here.
I know its been said in this forum that this area has enjoyed steady growth, in both the number of sales and home sale prices. It seems to be relatively unaffected by what's going on in other parts of the country. Doesn't seem to be any bubbles bursting here. Do you see that trend (steady growth) continuing for the next 12-18 months (that's our timeline for moving and buying into the area). Does it looke the same for both new construction as well as resales (less than 5 years)? What about loan defaults or foreclosures? Any increase?
Would appreciate anyone chiming in w/ info on this one...thanks!

Location, Location, Location are still the three factors most important in protecting your investment.
Near RTP, with very good access to Raleigh, Durham, Cary, and/or Chapel Hill will be among the safest.
Near a University or seat of government is very good.

Loacation and condition are the best protections for the homebuyer.
Long commutes do not bring value to a property.
Run-down proeprties will not hold potential value well.

When you see this forum, the busiest forum on City-Data slow down because people stop coming here daily to discuss Relo, then outlying areas will feel it first.

I expect an increase in defaults. Similar dynamics here as the rest of the country, i.e., not enough equity going into a home and problems when the finances hit a bump in the road.

But, all in all, I am upbeat about the Triangle area.
Diversified economy.
Midway from beach to mountains.
Superbly enjoyable 4-season climate.
Major research universities.
Seat of State Government.
Natural beauty abounds
National reputation for many years as one of the very best places to be in the US.

Gee, Chamber of Commerce, here I come.

[solenoid]

Realtor.com is a great resource:

http://www.realtor.org/Research.nsf/...s?OpenDocument

Here's the PDF for Raleigh:

http://www.realtor.org/Research.nsf/files/06NCRaleigh.pdf/$FILE/06NCRaleigh.pdf