Buyer's Update for Greensboro, North Carolina and the Triad beware the market is heating up!  As the time passes by on the way to the $8,000 First Time Home Buyer's Tax Credit deadline.  All those buyers waiting on something better will lose out.  Many people have forgotten about Thanksgiving.  You know that wonderful day of football and turkey.  The banks, lawyers, and county employees at the register of deeds office will be off work with us eating turkey.  That on top of the fact that there are so many people jumping into the game that the lenders are asking for sometimes 45 days to close not the usual 30.  I am telling all the first time home buyers I am working with that you need to be under contract in the next two weeks. 

On another note the interest rates are at least holding around the 5% mark.  They fluctuate on a daily basis and actually even hourly.  So if you are working on buying a home please be speaking with or to a lender.  Once you narrow down your choices you will want to lock in your interest rate.

Now those of you looking hard if you are keeping track of your "favorite" homes then you might start to notice that they are actually disappearing.  They will no longer be available and are now either sold or under contract. 

My listings are actually showing sometimes 3 to 4 times a day.  So don't wait to long to jump in if you want to see one of these in front of the home you want;

The Author:

Larry is a Greensboro Residential Broker, CARTUS Certified Relocation Specialist, Previews luxury homes trained, SRES & CHMS who can assist you with the purchase and/or sale of real estate in the Piedmont Triad Area that include but, not limited to Greensboro, High Point, and Winston Salem, NC.  If you're relocating to or from any other area of the country, Larry connects you with a member of our national team of relocation specialist in your destination or exit city of choice.  The destination service is of no cost to you!  As your Personal Concierge Realtor Larry provides customer service that is equal to none.  Your complete happiness is our top priority!  Larry Story - Coldwell Banker Triad Realtors - 336-327-1841 also at http://www.storybookhomes.ws

 

Copyright© 2009 By Larry Story, All Rights Reserved...

 

 
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3 Comments on Buyer's Update for Greensboro, North Carolina and the Triad

OCT
02
Outside Blog

Hi!

I am so glad to see you and your blog. I went to graduate school at UNCG.  I LOVED Greensboro.  It is a special place.  I loved the Chinese restaurant on Tate St.  I was there as a vocal performance major in the old music building.  The one without air conditioning and there was a constant waft of music coming form the 3rd floor windows (practice rooms)

11:49pm • #1
OCT
03
120,955 Points

Larry-Great info for Greensboro, NC, I have a brother who lives in Hugh Point, NC.

2:26pm • #2

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