guilford county: Southern Ideal Home Show Comes to Greensboro, NC - 03/22/10 07:24 AM
The Southern Ideal Home Show is coming to Greensboro, NC again this weekend from Friday, March 28 through Sunday, March 28.  This is always a great show to get loads of ideas to improve and spruce up your home. 
It is amazing how much work goes into this show.  Did you know that they actually build a full-sized house inside the coliseum in three days?  Almost thirty companies have worked together to build an amazing home, complete with a theater room and an outdoor kitchen.  The home will showcase some of the hottest trends in home building including a granite slab shower, an integrated … (0 comments)

guilford county: New North Carolina Rules on Foreclosures - 03/18/10 08:56 AM
Two new North Carolina laws were passed yesterday to provide some additional protection to homeowners facing foreclosure. 
Beginning June 1, once a homeowner in North Carolina requests a loan modification, all foreclosure actions must be suspended.  Currently, the law allows mortgagors to continue pursuing foreclosures against homeowners who are waiting to have their loans modified. 
The second law requires mortgagors to provide clear and timely communications if a homeowner requests assistance. 
If you are facing foreclosure here in North Carolina, there is help available.  The North Carolina Commissioner of Banks has established a website to offer lots of solutions.  If you are … (1 comments)

guilford county: Greensboro, NC Real Estate Market Report - 03/12/10 08:28 AM
Greensboro, NC Real Estate Home Report:
The following Greensboro, NC housing data was retrieved from the Triad MLS on March 5, 2010 and focuses on Greensboro, NC Single Family Real Estate Home Sales in February 2010. 
The numbers for February indicate a sluggish home sale market.  With only 105 single family home closing in Greensboro, this data shows the market being more than 15% off from the same month last year.  However,  homes going under contract (pending) in Greensboro have increased by 25% when compared to 2009 for the month of February.  Last but not least, new listings are up by 28%. 
All of these factors make this … (0 comments)

guilford county: What's the Deal With Mortgage Interest Rates? - 03/12/10 07:18 AM
Let's face it.  Learning how mortgage rates are determined is about as interesting as watching grass grow.  However, home loans are the biggest form of debt for most people and taking a few minutes to learn about interest rates can save you thousands of dollars.  Here is a quick, very informative and easy-to-understand video sent to me by Steve Barrow of Mortgage Choice, Inc., here in Greensboro, NC.  http://mortgagemarketguide.com/howratesmove.html  Current homebuyers, I implore you to spend seven minutes watching this.  There are several compelling reasons why buyers should be extremely motivated to purchase a home now.  In the video, it states … (0 comments)

guilford county: Guilford Hills Neighborhood, Greensboro, NC Real Estate Market Report - 03/08/10 05:05 AM
The Guilford Hills neighborhood in Greensboro, NC continues to show consistent activity.  Here is the latest Guilford Hills, Greensboro, NC Real Estate Market Information as of 3/05/2010
Active Homes For Sale in Guilford Hills:
Number of homes for Sale: 14 Average Asking Price: $140,014 Average Days on Market:  89 Click Here to see a complete list of the Homes For Sale in Guilford Hills
Pending Homes in Guilford Hills: 
Number of Pending Homes:  3 Click here to see a list of all homes pending in Guilford Hills
Sold Homes in Guilford Hills Since January 1, 2010
Number of Homes Sold: 3
Average Asking Price: $120,900 Average Sold Price: … (0 comments)

guilford county: Kirkwood Neighborhood, Greensboro, NC Real Estate Market Report - 03/08/10 05:04 AM
In the Kirkwood neighborhood in Greensboro, NC, we have some homes under contract that should be closing soon.  Here is the latest Kirkwood, Greensboro, NC Real Estate Market Information as of 3/05/2010
Active Homes For Sale in Kirkwood:
Number of homes for Sale: 14 Average Asking Price: $197,678 Average Days on Market:  132 Click Here to see a complete list of the Homes For Sale in Kirkwood
Pending Homes in Kirkwood:
Number of Pending Homes:  3 Click Here to see a complete list of the Homes Under Contract in Kirkwood
Sold Homes in Kirkwood Since January 1, 2010:
Number of Homes Sold: 1 Average Asking Price: … (0 comments)

guilford county: Lindley Park, Greensboro, NC Real Estate Market Report - 03/06/10 07:15 AM
The Lindley Park neighborhood in Greensboro, NC had a slow start this year but the market seems to be rebounding.  Lindley Park currently has 6 homes under contract.  Here is the latest Lindley Park, Greensboro, NC Real Estate Market Information as of 3/5/2010
Active Homes For Sale in Lindley Park:
Number of homes for Sale:  13 Average Asking Price: $178,677 Average Days on Market:  167 Click Here to see a complete list of the Homes For Sale in Lindley Park
Pending Homes in Lindley Park:
Number of Pending Homes:  6 Click here to see a list of all homes pending in … (0 comments)

guilford county: Starmount Neighborhood, Greensboro, NC Real Estate Market Report - 03/06/10 07:13 AM
The Starmount neighborhood (aka Starmount Forest) in Greensboro, NC started out a little slow in 2010 but things are really heating up now.  Six homes are now under contract and two have sold.  Of the two homes that sold, their average closed dates were less than two months and their average sold prices were 98% of the list price.  Check below for Starmount, Greensboro, NC Real Estate Market Information as of 3/5/2010
Active Homes For Sale in Starmount:
Number of homes for Sale: 31 Average Asking Price: $529,338 Average Days on Market:  180 Click Here to see a complete list of the Homes … (0 comments)

guilford county: Sunset Hills Neighborhood in Greensboro, NC: Real Estate Market Report - 03/05/10 09:10 AM
Although no homes in Sunset Hills have closed during the first two months of 2010, there are now 3 under contract.  Here is the latest Sunset Hills, Greensboro, NC Real Estate Market Information as of 3/5/2010
Active Homes For Sale in Sunset Hills:
Number of homes for Sale: 12 Average Asking Price: $327,867 Average Days on Market:  85 Click Here to see a complete list of the Homes For Sale in Sunset Hills
Pending Homes in Sunset Hills:
Number of Pending Homes: 3 Click here to see a complete list of Homes Currently Under Contract in Sunset Hills
Sold Homes in Sunset Hills Since January 1, … (0 comments)

guilford county: Fix-up A Home With Special Financing From HUD - 03/03/10 06:59 AM
Are you considering purchasing a home that needs some repairs or updates?  Sometimes, buyers may shy away from "Fixer Uppers" because finances are tapped out after buying a home and there is no money left over for the repairs.  Here in Greensboro, NC, we have been helping homeowners take advantage of a special loan program from the Department of Housing and Urban Development (HUD) that addresses this problem. We have found that this is a great program for foreclosures and short sales that need a little TLC.
Under traditional loans, the lender provides permanent funds based on the appraisal of the property.  When the property needs significant repairs or … (0 comments)

guilford county: ACC Tournaments Comes to Greensboro, NC - 03/01/10 02:59 AM
March Madness is heating up the city of Greensboro!  Each March, Greensboro hosts top colleges from the region to compete in the ACC Tournament. The ACC Tournaments are held at Greensboro Coliseum, located at 1921 West Lee Street.   
The women's ACC Tournament begins this Thursday and runs through Sunday.  Family Four Packs are available for only $44 and include four tickets, four hot dogs and four soft drinks.  It is a great outing for the family.  There is a Fanfest that is very popular with children before each session.  It features inflatables, basketball shooting contests, give-aways from local businesses and face painting.  … (1 comments)

guilford county: Lindley Park Neighborhood Highlights-Greensboro, NC - 02/25/10 04:48 AM
I write a market report each month for the Lindley Park neighborhood here in Greensboro, NC.  If you are unfamiliar with Lindley Park, here is some additional information about this wonderful neighborhood.    Lindley Park is quiet area in Greensboro, NC that is walking distance to the University of North Carolina, Greensboro (UNCG) campus. Lindley Park is also minutes from Friendly Shopping Center and Downtown Greensboro, making it one of the most convenient neighborhoods in our area. 
Lindley Park Recreation Center is part of the Greensboro Parks and Recreation Department and features many activities.  It offers after-school care, various community meetings and a multitude of … (0 comments)

guilford county: Fewer Homeowners Late on Mortgage Payments - 02/23/10 01:41 AM
The Mortgage Bankers Association reports some encouraging news in the home mortgage deliquency statistics.  According to their quarterly National Delinquency Survey, 30-day delinquencies fell significantly for the last quarter of 2009.  In fact, they reported the largest drop ever in the 30-day deliquency rates.  Jay Brinkmann, MBA's chief economist, writes, "The continued and sizable drop in the 30-day delinquency rate is a concrete sign that the end (of mortgage delinquencies and foreclosures) may be in sight." 
Historically, 30-day deliquencies are considered a leading indicator of homes going into foreclosure.  Therefore, we should see fewer homeowners facing foreclosure in the future. 
The Mortgage Bankers … (2 comments)

guilford county: Ridgewood Swim & Tennis in Greensboro, NC Offers Early Bird Special - 02/22/10 11:48 AM
Ridgewood Swim and Tennis, located in the Ridgewood neighborhood in Greensboro, NC, is offering free guest passes if you pay your annual fees by February 28.  Fees are normally due by April 1 so this is just a month early.  The value of the 12 free guest passes is $60, so you may want to consider it if you are joining anyway! 
Ridgewood is one of the premier neighborhoods in Greensboro and Guilford County.  Two of the members of Team Leung call Ridgewood home.  The Ridgewood Swim and Tennis Club offers year-around activities, including fitness classes, a cardio and workout rooms, and a clubhouse … (0 comments)

guilford county: Guilford County Schools Magnet Fair Tomorrow! - 02/21/10 06:17 AM
The annual Guilford County Magnet Fair, that I blogged about last week, has been rescheduled for Monday, February 22 from 5:00-8:00 p.m.  It will still be held at the Greensboro Coliseum Pavilion. 
If you have a student who is the least bit curious about the many magnet school options here in Guilford County, which serves, Greensboro, High Point, Jamestown and many smaller towns, don't miss this Magnet Fair.  Representatives will be there from every magnet school so it is a great way to learn about all the many, many opportunities.
Why should you consider a magnet school?  With 44 magnet and choice … (0 comments)

guilford county: Greensboro, NC Area Home Under Contract in Less Than 2 Weeks - 02/19/10 01:59 AM
Team Leung is pleased to announce that the house we had listed for sale at 6455 Richland Church Road, in Guilford County just south of Greensboro, NC is under contract after being on the market for less than two weeks. 
If you are considering buying or selling a home, please give me a call or drop me an email.  I can show you how to get your home sold when others aren't selling! The agent you use really does matter.  This is one of the reasons Team Leung has been the #1 team at Keller Williams in Greensboro for the last three years.
… (2 comments)

guilford county: High Point, NC Home Sells Quickly! - 02/18/10 05:47 AM
We are really thrilled to announce that yet another of our listings in the Triad area of NC has sold very, very quickly during this traditionally slow time of year.  Our listing at 4003 Wellingham, High Point, NC went under contract in one weekend and closed just last week.  Even more amazing is this home went under contract over the New Years holiday weekend!
If you are considering buying or selling a home, please give me a call or drop me an email.  Once you get an offer, it takes dedication to get everyone to the closing table.  I can show you how … (0 comments)

guilford county: Greensboro, NC Real Estate Market Report - 02/16/10 12:10 AM
Greensboro, NC Real Estate Market statistics for January indicate a sluggish home sale market. With only 78 single family home closing in Greensboro, this data shows the market being more than 25% off from the same month last year. However, homes going under contract (pending) in Greensboro are par when compared to 2009 for the month of January. We are probably looking at the same type of start with a short-term acceleration in home sales to meet the April 30th deadline for first-time and move-up home buyer tax credit. This market is very compelling for buyers to get off the fence … (0 comments)

guilford county: Greensboro, NC Real Estate Market Report: Guilford Hills Neighborhood - 02/15/10 07:01 AM
Guilford Hills, Greensboro, NC Real Estate Market Information as of 2/09/2010
Active Homes For Sale in Guilford Hills: 14
Average Asking Price: $147,257
Average Days on Market: 124
Pending Homes in Guilford Hills:  2
Sold Homes in Guilford Hills Since January 1, 2010: 1
Average Asking Price: $99,900
Average Sold Price: $90,000
Average SP/LP ratio (what % of asking price did homes sell for): 90%
Average Days On Market: 7 
All data gathered from the Triad MLS 2/09/10 and is believed to be correct. Some For Sale By Owner purchases and sales have not been included in this report.
For more … (0 comments)

guilford county: Guilford County Magnet Schools Offer Education Options from A to V - 02/12/10 06:22 AM

If you have a student who is the least bit curious about the many magnet school options here in Guilford County, which serves, Greensboro, High Point, Jamestown and many smaller towns, don't miss the Magnet Fair tomorrow.  It will be held at the Greensboro Coliseum Pavilion from 9:00 a.m. until 12:30 p.m. Representatives will be there from every magnet school so it is a great way to learn about all the many, many opportunities.
Why should you consider a magnet school?  With 44 magnet and choice schools in Guilford County with 50 different programs, students receive a top-rated education along … (0 comments)