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51 Kilmayne Dr, Suite 100, Cary, NC 27511 919.469.6543 Homes@LindaTrevor.com LindaTrevor.com
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January Dates to Remember January 1: New Years Day January 9: National Law Enforcement Appreciation Day January 18: Martin Luther King Jr. Day
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Happy New Year - Welcome to 2021! The Triangle Market Update!
Hello Friends, The most recent stats from the Triangle MLS continue to show a very strong close of 2020. We look forward to bringing you the final stats for 2020 in our next newsletter! We hope you had a wonderful holiday and wish you the best as we begin 2021.
NOVEMBER 2019 vs NOVEMBER 2020 NEW LISTINGS: +0.6% CLOSED SALES: +18.8% MEDIAN SALE PRICE: +9.0%
2019 vs 2020 (YEAR TO DATE) NEW LISTINGS: -1.3% CLOSED SALES: +8.5% MEDIAN SALE PRICE: +5.9%
Quick Tip: Switch the direction of your ceiling fans Did you know that the direction your ceiling fan spins determines whether it’s helping cool or heat a room? During winter, reverse the direction of your ceiling fan’s spinning to clockwise to encourage cold air to rise, as opposed to the summertime setting of counterclockwise where cold air gets pushed down.
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Raleigh Ranks #1 Real Estate Market for 2021 Emerging Trends in Real Estate® 2021 highlights the evolving trends shaping the real estate industry. The report, which includes proprietary data and insights from more than 1,600 leading real estate industry experts, explores how COVID-19 accelerated many existing trends like retail footprint reductions, while it spawned new ones such as an increased focus on social justice and health and wellness, and stopped others in their tracks like the appeal of big cities. Raleigh ranked No.1 in the U.S. SEE FULL REPORT HERE
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Raleigh Ranks #1 for Safest Large City in the US MoneyGeek analyzed crime statistics and applied research findings to estimate the cost of crime in over 300 cities across the United States SEE FULL REPORT HERE
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3 Red Flags Home Buyers Will Undoubtedly Notice—and How To Address Them Correctly 1. A fresh coat of paint on one room's ceiling The issue: A stained ceiling, possibly from a leak Do this instead: If you paint over a stain without making sure you don’t have an active leak, that stain can reappear in a month, so bring in a professional who can rule out a leaky roof or some other problem.
2. Bathroom water is shut off The issue: Your toilet runs constantly Do this instead: The most common failure is the flapper in the toilet tank. There may be debris caught under it, preventing it from closing, and flappers wear out and need to be replaced from time to time. This is an inexpensive repair that any handy person can do.
3. Strategically placed planters or shrubs Issue: Puddles of water near your foundation Do this instead: Water should always drain away from your foundation, so if it’s collecting against your house, this needs to be corrected. Ask a professional why this is happening. Is the land sloping toward the house, which means water might eventually run into the lower level? Are the gutters clogged so water is pouring over the top and landing alongside the foundation?
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We hope you had a wonderful Christmas and wish you all the best as we start 2021.
Thank You and God Bless, Linda Trevor & Co.
Thinking of selling in 2021? We would be happy to assist - give us a call today to get started! 919.469.6543
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SUPPORT LOCAL RESTAURANTS: DOS TAQUITOS IS OUR RESTAURANT OF THE MONTH! Welcome to Dos Taquitos, Raleigh's dinner spot for family and friends! Dos Taquitos was born from the heart of Carlos Salamanca who shares a love for Mexican Cuisine, Art, & Culture. www.dostaquitosraleigh.com LOCATION INFO: 6101 Glenwood Ave, Raleigh, NC 27612 919-787-3373
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Compass Luxury Collection
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51 Kilmayne Dr, Suite 100, Cary, NC 27511
919.469.6543
Homes@LindaTrevor.com
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