Annie Meadows with Hudson Residential

Raleigh Real Estate Agent with Hudson Residential

Real Estate

Local Market Trends: June 2020

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The Triangle MLS has just released last month’s market update. Click here to watch a brief video for a snapshot of our local market stats.

May 2020 – June 2020 Recap

  • Median Sales Up .6% May and June 2020
  • Days on Market Up 3.8% and Inventory Down 12%
  • Closed Sales Up 31%, Under Contract Sales 2.8%, and New Listings Up 2%.

June 2019 vs June 2020

Showings were up 0%, inventory down was down 36.1%, and listings were also down 2.8%. Pending Sales were up 12%, Closed Sales were up 31%, and Overall Average Sales were up 3%. What does this mean for you? If you’re considering a sale this year, the market could not be hotter! If you’re ready to buy, you’ll need strong representation in your corner and I’m up to the task!

Watch to see more trends in the local real estate market for the Greater Triangle Region during the month of June 2020…

For more information about Triangle MLS, or for previous Market Trends, visit here.

Whether you are looking to buy or sell your home I am here to help. If you are looking for investment properties, I can help you with that too! Give me a call today at 919-961-3277. Or, send me over an email to Annie@HudsonResidential.com.

Four Closings in ONE Day!

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What a fun start to July! Monday was a record day with four real estate closings for my clients at Hudson Residential Real Estate. Thank you for trusting me with your home and investment property purchases.

Buyer Closed: 1400 East Davie Street in Raleigh

The cute Walton family closed on their beautiful brick ranch home. Learn about their selling and buying experience with me here.

Annie Meadows Real Estate at Hudson Residential - Buyer Closing - 1400 E Davie Street Raleigh

Buyer Closed: 2456 Milburnie in Raleigh

Kellen and his sweet pup Pabst are already settling nicely into their new brick ranch!

Annie Meadows Real Estate at Hudson Residential - Buyer Closing - 2456 Milburnie Road Raleigh - IMG_7831

Annie Meadows Real Estate at Hudson Residential - Buyer Closing - 2456 Milburnie Road Raleigh - Pabst Kellens dog comfy at home

Closed: 2345 Bernard Street in Raleigh

This two-bedrooms, one-bath investment property is a short walk to Five Points and the Raleigh greenway!

Annie Meadows Real Estate - Buyer Closing - Investment Property - 2345 Bernard Street Raleigh NC 27608

Closed: 3306 Glen Henry in Raleigh

This two-story, three-bedrooms, two-and-a-half-bathrooms home is also another investment property in Raleigh. Isn’t the teal exterior paint color just beautiful for the summer?

Annie Meadows Real Estate - Buyer Closing - Investment Property - 3306 Glen Henry Drive Raleigh NC 27612

Whether you are looking to buy or sell your home, I am here to help. If you are looking for investment properties, I can help you with that, too! Give me a call today at 919-961-3277.

Recent Buyer and Seller Transactions as We Head Into Summer

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Buying and Selling in Downtown Raleigh

Annie Meadows at Hudson Residential Sellers and Buyers Courtney Cody and Charlie

I recently had the pleasure of working with this awesome couple and their sweet daughter to sell their all-brick ranch near Downtown Raleigh. 1308 E. Lane Street is under contract as of May 29, 2020.

Now Showing: 1308 E. Lane Street - Raleigh, NC 27610

1308 E. Lane Street sits on a spacious, secluded lot and was completely remodeled just last year. Tasteful touches inside and out blend with a seamless floorplan to give a perfect mixture of comfort and security. I knew this property would not be on the market long which made me so excited when we found their new home on E. Davie Street in Raleigh.

Annie Meadows Real Estate at Hudson Residential - Buyer Closing - 1400 E Davie Street Raleigh

This wonderful brick ranch home with a full basement is perfect for their family. The living room, family room, sunroom, dining room, and kitchen all have great natural light and there is so much potential with the basement level. I know they are going to love the huge fenced back yard and two-car garage. Plus, they are directly across the street from Roberts Park yet still convenient to Downtown Raleigh.

Congratulations, Courtney, Cody, and Charlie. It has been a pleasure working with you!

Recent Buyer Transaction: 2456 Milburnie Road, Raleigh

Annie Meadows Real Estate at Hudson Residential - Buyer Closing - 2456 Milburnie Road Raleigh

Timeless brick ranches have long been a buyer favorite due to their low maintenance upkeep and as you can see from their latest closings, they’re still a popular choice today. I also want to congratulate one of our recent buyers on their new home that is currently under contract in the rapidly growing Longview Park. It is just a quick bike ride or drive into Downtown Raleigh. There were lots of interior and exterior updates including new appliances, lighting, plumbing fixtures, hardwoods, and more. This is a great home and I am so excited for my client.

Ready to Find Your Downtown Raleigh Home?

Annie Meadows real estate agent with Hudson Residential in Raleigh, NC

Looking to move into the city? Prefer something “outside the beltline”? No matter what your price range is or what area you are looking to move to, I am here to help. Give me a call at 919-961-3277.

Recent Buyer Transaction: 1105 Hickory Pond Court

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Though we are living in a crazy time right now, I am excited to say that things are still moving in the real estate world and it is a great time to buy or sell a house. My teammate, Ryan Boone, tackles all the ways you can keep your home search going during the coronavirus shutdown in his most recent blog post.

I would also like to take a moment to congratulate one of our recent buyers on their new home that is currently under contract in North Raleigh! No matter what your price range is or what area you are looking to move to, I am here to help. Give me a call at 919-961-3277.

1105 Hickory Pond Court

Recent Buyer Transaction: 1105 Hickory Pond Court

This beautiful home is located in a highly desired North Raleigh location and has been very well maintained. It features an open floor plan, wood floors, first-floor master, and a large bonus room. Updates include a new roof (2020), tankless water heater, granite countertops throughout the kitchen and bathrooms, and a chef’s sink.

The location provides easy access to major highways, Crabtree Valley Mall, and Greystone Village. I can’t wait to see how they make this house their home.

Recent Buyer Transactions in September

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I would like to congratulate two of our recent buyers on their new homes in Raleigh! No matter what your price range is or what area you are looking to move to, I am here to help. If you are interested in seeing something like one of the two properties below, or something completely different, give me a call at 919-961-3277.

**Properties are sold as of November 6, 2019. 

405 East Millbrook Road, Raleigh

I was so happy to secure this home for my clients who were first time home buyers. As soon as we drove up, I knew this house was something special. Not only does it have all the curb appeal, but it is even better inside and you cannot beat the location in Midtown Raleigh. Here is what my clients have to say about finding their new home!

“Annie is wonderful! We bought our first house with her help and it was such a great experience. She was always so helpful and prompt with answering any questions we had or taking care of any issues that came up. She made the home buying process very easy for us. Would highly recommend working with Annie!” – Becca and Michael K.

Thank you, Becca and Michael, for your kind words and the opportunity to work with you!

A little more about the home… Three bedrooms, two and a half bathrooms, and a garage, plus a spectacular kitchen with custom cabinets, granite, and stainless steel! Other features include a first-floor owners suite, dining room, oversized living room, and a family room with a fireplace. The upstairs bedrooms are incredibly generous. Outside there is a huge storage area, workshop, fenced yard, and deck. Easy access to 440 + 540, Downtown Raleigh, and North Hills.

Does this area sound appealing to you? Contact me today at 919-961-3288 to start your home search in Midtown Raleigh.

720 Bishops Park Drive #306, Raleigh

I worked with my client to purchase this penthouse as an investment property. Showings began for this home on August 27, 2019, and we jumped on it fast. A few features we loved:

  • Open floor plan
  • Freshly painted white cabinets
  • Granite countertops
  • Stainless steel refrigerator and range
  • 12′ ceilings
  • Gorgeous fireplace
  • Large closet
  • Community pool
  • Fletcher Park
  • $2,000 buyer decorating allowance

Are you interested in purchasing an investment property? I would love to help you narrow down your search. Call me at 919-961-3288 and I can show you some of the listings that are currently available.

 

 

What’s On Your Dream Home Checklist?

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August 22 Update: We’re officially closed on the sale of 1531 Battery Drive!

I consider myself to be a “home detective” and one of my favorite things to do is find a house that matches everything on my client’s checklist. Whether this means you are looking for a home inside the beltline, a house with lots of land, two stories, one story, a pool, new construction, lots of closets, first-floor master, open floor plan, walking distance to nightlife, two-car garage – you name it and I will do my best to find it for you. Here’s a look at one of my recent homes under contract where I worked to find these buyers their dream house and was able to mark everything off their checklist.

1531 Battery Drive, Raleigh

1531 Battery Drive, Raleigh

This two-story Raleigh home was absolutely perfect for these clients. Here are a few features that we both loved.

  • Two-story home
  • Open floor plan
  • Three bedrooms and two bathrooms
  • Stainless steel appliances
  • Large master bedroom on the first floor with walk-in closets
  • Gorgeous, updated bathroom
  • Fenced-in backyard
  • Plenty of room for entertaining

Ready to Start Looking for Your Dream Home?

Send me your list! I know that buying a home is exciting but also can be very scary. I will be with you every step of the way to make sure you have a home that not only fits your lifestyle but fits your budget as well.

 

Under Contract: 2 BR, 2.5 BA Condo for Sale Near NC State Campus

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Saturday, July 27, 2019 Update: We’re excited to be under contract over list price thanks to securing multiple offers for the seller!

Are you an investor, NC State parent, or aspiring first-time homeowner? My teammate Ryan Boone and I are excited to be offering 2506 Avent Ferry Road, Unit 203, at Avery Close Condos in Raleigh for sale with our firm, Hudson Residential.

This two-bedroom, two and a half bathrooms condo is priced affordably at $130,000 and is just a stone’s throw away from Main Campus, Centennial Campus, Mission Valley Shopping Center, and lots of other amenities that residents will love being a short drive, easy walk, or quick bus ride away from – talk about a short commute!

With a desirable second floor location and complete with washer and dryer that convey, this condo won’t be available for long. Past lease agreements have been offered at approximately $1,200 per month and unit 203 is currently vacant so you can move right in or start showings as soon as you’d like if you plan to rent it.

You’re going to love this neighborhood in the summer, especially making a splash in this pool!

Please submit proof of funds or prequalification letter for this community with any offer. Contact me at 919-961-3277 or Annie@HudsonResidential.com to schedule a visit.

Annie Breaks Down Raleigh-Area Median Sales Prices

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If you are looking to buy or sell a home, it is a good idea to know what homes in the area are selling for historically and in today’s market. In the following video, I break down the median sales price for homes in Raleigh, Cary, and Wake Forest over the last three years and explains what it means for you! Check out the video below.

Tune In…

Key Takeaways

Raleigh

  • In Raleigh, we have seen an increase of 1.9% in home price.
    • Inside the beltline, inventory is very tight. Homes sell fast, usually in one weekend.
    • Once you get outside the beltline, inventory loosens up a little bit but homes are still going fast.
    • It is harder to find new construction in Raleigh than it is in Cary and Wake Forest. Raleigh has a bigger inventory of older homes.

Cary

  • In Cary, we have seen an increase of 2.8% in home price. The median sales price in Cary is almost $100,000 more than the Raleigh median sales price.
    • Inventory is moving fast in Cary as well.
    • It is easier to get newer homes in Cary than it is in Raleigh.

Wake Forest

  • In Wake Forest, we have seen a decrease of 4.8% in home price but this is likely due to correction because there have been so many new neighborhoods popping up in that area recently. What does this mean for you?
    • Homes are a little bit less expensive in Wake Forest.
    • There is lots of new construction, so if you are looking for a brand new home, Wake Forest may be perfect for you.
    • The weather has delayed construction a little, but you will continue to see new houses in this area.

Median Sales Price Graph

You Need a Real Estate Professional on Your Side

If you are looking to purchase a home in Raleigh, Cary, or Wake Forest, you need to hire a real estate agent. The market is hot and homes are going fast. You want to make sure you have a REALTOR® that knows the market and can help you get into your dream home. Don’t forget that the cost of a real estate agent is typically covered by the seller, so when you are the buyer, this service is often free for you.

If you plan on selling your home, it is also a good idea to hire a real estate agent. Even though the market is hot, there are many reasons that it is in your best interest to hire a real estate professional. Real estate agents have access to the MLS or the Multiple Listing Service. The MLS is a database of the current homes that are for sale. By hiring an agent, your home will be listed on the MLS. Your real estate agent will help you prepare your home, price it for the market, and help advertise that your home is for sale. We also handle all the negotiations and paperwork!

Ready to Get Started?

Contact me today at 919-961-3277 or annie@hudsonresidential.com.