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When do you think we'll see a rise in resale inventory in Cary (particularly the Preston area)? I know spring is generally the timeframe most people put their homes on the market but I also realize we're still in a slump. Do you think we'll see a good number of homes pop up this spring? If so, when (March/April?). We're looking in the $350K-$400K range and haven't seen anything we're loving yet.
There's an uptick in the spring. It may be closer to summer for really good resales that'll sell quickly.
What neighborhoods are you considering that are near Preston?
We're interested in the well-established neighborhoods in and surrounding Preston that are family-friendly, have mature trees, and offer semblance of a yard (we have two small children and a dog). We love Weatherstone and Wellesley. We are also interested in Preston Village, Tatton Place, and some (not all) of the "Preston" subdivisions.
I'm stalking the listings like crazy hoping inventory will start to pick up soon. We're looking to find our home and be settled before the new school year starts in August. We're first time home buyers so this is all a bit new to us .
We're interested in the well-established neighborhoods in and surrounding Preston that are family-friendly, have mature trees, and offer semblance of a yard (we have two small children and a dog). We love Weatherstone and Wellesley. We are also interested in Preston Village, Tatton Place, and some (not all) of the "Preston" subdivisions.
I'm stalking the listings like crazy hoping inventory will start to pick up soon. We're looking to find our home and be settled before the new school year starts in August. We're first time home buyers so this is all a bit new to us .
Price range plus number of bedrooms?
I've been scouring listings for a couple of years now. I've been in nearly as many houses around the area where you're looking than many of our C-D realtors.
Well, maybe not Mike J, but he works the Cary market more than some of our others here.
ps. I looked so long because we wanted to get to know the market. We already have a new house. Higher bracket than where you're looking, but we started out closer to your bracket.
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Our inventory is low right now. Typically, more homes will come on the market in March and April (spring market). Folks that are "thinking" of selling should quickly put their homes on the market with the low inventory.
You will see homes coming on the market more in the spring as folks look to move once the kids are out of school.
I have two sets of clients currently looking in the Cary/Apex area. One in the $350,000s and one in the $500,000s.
We are seeing many homes sell after being on the market less than a week. If they are in good condition, good location (no power lines, no roads), and are priced right, they are selling. Preston and Lochmere ALWAYS sell well.
Buyers need to get their affairs in order to buy.
Get their agency agreements in place.
Get their cash money trail straight and documented for the lender.
Get their preapprovals with supporting documentation into underwriting so all they need is a contract, an appraisal, and clear title, and they can close fast.
So they have total credibility when making an offer.
Multiple offers are so common right now on desirable properties at decent prices, to be slow or to show weakness is to lose out.
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