Meryl Masters-Alexander's (mastersalexander) Blog

The Table below is data compiled from the Triangle MLS.  The number listed is as of 3/15/06, 3/15/07 & 3/18/08.  The number sold is from 1/1/06-2/28/06, 1/1/07-2/28/07 & 1/1/08-2/29/08. From this table you can see that:                                                                              ...

Enclosed below are past and current statistics from the Chapel Hill Market this year.   As expected, the market is picking up.  Then number of single family homes on the market in one month increased by 40 homes and the number of pendings increased by 6.  The percentage of homes pending in Januar...

There are several new subdivisons being built in Chapel Hill/Carrboro.  Both Claremont and Winmore are being built on Homestead Road.  Claremont will have 79 homes, a pool, clubhouse and playground.  The pricing starts in the upper $500K.  Winmore will have 86 townhomes and 98 single family homes...

The Orange County Board of Commissioners is looking at ways to increase revenue.  One way is to have a 0.4% transfer tax on all properties sold.  The other way is to increase sales tax by 0.25%.  They are seeking to put this on the May 6th Primary Ballot.  This is not the way to increase revenue ...

Most of us by now have continued to see or hear the reports about the decline in the Real Estate Market.  What everyone must remember is that real estate is very local.  Different areas are affected differently.  In general, our market has noticed a trickle down effect.  Many deals for new and re...