Green Haven Gazette

Looking for buying and selling tips on real estate? Check out the Green Haven Realty Blog. We write posts on local real estate trends for Winston-Salem, Clemmons, Lewisville, Advance, Kernersville, Greensboro, High Point and surrounding Triad (NC) areas, as well as market reports for Forsyth, Davie, Davidson, Guilford, Yadkin and other Triad counties as well as Neighborhood Market Reports (If you don't see your neighborhood listed, just ask and we'll be glad to add it). Let us show you how the latest technology can make buying and selling your home easier and faster.

March 6, 2020

What Does the Emergency Fed Rate Cut Mean for Mortgage Rates?

What Does the Emergency Fed Rate Cut Mean for Mortgage Rates?

Mortgage Rates Have Dropped to 3-Year Lows in Response to Global Economic Uncertainty

Lower Mortgage Rates - Housing Market

The Fed made an emergency move to lower the Federal Funds Rate on Tuesday, March 3, 2020. This rare move by the central bank was made in response to global concerns of an economic slow-down due to the coronavirus outbreak.  The Fed cut the rate, which is the rate depository institutions lend reserve balances to other depository institutions overnight on an uncollateralized basis, by a half-point to a range of 1% to 1.25% in between its regularly scheduled meetings. 

Will the Fed Rate Cut Affect Mortgage Rates?

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Feb. 28, 2020

Lewisville-Clemmons Real Estate Market - January 2020

Lewisville-Clemmons Home Prices Continue to Rise

The Lewisville-Clemmons residential real estate market continues to be strong. Prices proceed to rise with the average sales price in January 2020 being $329,962. That is a year to year increase of 29.8% from $254,115 in January 2019. The median price also rose to $$295,000, which is 30.1% higher than January 2019. Rising prices make it harder for the average person to buy a home, but the good news is there are also more homes that came on the market in January, which was an increase of 24.1% from last year. The current inventory level is 3.2 months, but still below the level of a balanced market. Until inventory levels reach 8-9 months, it will continue to be a Seller's Market for residential, single-family, detached homes.  

Please don't hesitate to call/text us at 336.462.9544 if you have any questions regarding the local Lewisville-Clemmons real estate market or any specific neighborhood in the Lewisville-Clemmons area as well as other surrounding Triad areas.  We're here to help! 

If you love the Lewisville-Clemmons area as much as we do, connect with us on our We Love Lewisville-Clemmons facebook and Instagram pages. 

https://www.facebook.com/lewisvilleclemmons/

https://www.instagram.com/lvlclemmons/

 

Lewisville Clemmons Real Estate Market - January 2020

 

Nov. 7, 2019

How Long Does It Take to Sell a House?

How Long Does It Take to Sell a House in Lewisville, Clemmons or Pfafftown?

If you are thinking about selling your home, you probably have a number of questions: what's my home worth, how can I sell at a high price, how can a Realtor help, etc.  One of the most asked questions when selling your home is "how long does it take to sell a house?". And the answer is...wait for it...."it depends." Of course, no one really wants to hear that.  But like you've heard before, real estate is all about location, location, location. A house in one zip code may sell faster than a house another zip code. Or the time to sell a home may vary by neighborhood or subdivision. Of course, other factors come into play like price, condition, season, inventory, or even school district.

questions when selling your home

Showings Before Pending Sale

Most Realtors will only look at the "average days to sell" on the MLS.  But it's not all about the number of days. in these days of data driven results, we can provide more information to make you a more informed home seller.  The chart below shows the average time to sell a house in Lewisville, Clemmons and Pfafftown according to the number of

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Oct. 25, 2019

Winston-Salem on U.S. News Best Places to Live List

Winston-Salem Listed #31 Best Places to Live by U.S. News & World Report

If you live in Winston-Salem, you know it's a great place to live. There are plenty of amenities that larger cities have like great restaurants, arts but not as much of the negatives that go along with big city living like traffic and crime.  It is the fifth largest city according to population rank in North Carolina with a 2018 population estimate of 246,328.  National publication, U.S. News & World Report recently ranked Winston-Salem #31 on their Best Places to Live List

Winston-Salem BB&T Dash Stadium and Skyline

Winston-Salem Low Cost-of-Living and Housing

Another reason Winston-Salem is such a great place to live is relatively low cost of living. Your wages might not be as high, but your dollar goes further in Winston-Salem than most areas of the country. That includes housing as well. The average home across the country was $362,700 for September 2019 (cesus.gov).  In Winston-Salem, the average

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Sept. 30, 2019

Home Inspection Seller Checklist

Be Prepared for Your Buyer's Home Inspection with this Seller Checklist

Knowing that you have a home inspection coming up soon can be somewhat unnerving. There is always the unknown that you cannot see that can make you a bit nervous. Because home inspectors ALWAYS find something!  However, you can be prepared with the Home Inspection Seller Checklist provided by Preston Sandlin and Home Inspection Carolina. Preston, please share with us how this Seller Checklist came about.

Home Inspection Seller Checklist History

 

One night I was studying with my daughter for a science test.  She asked me, “Daddy, isn’t a home inspection kinda like a test for the seller?”  (I am a home inspector by trade)  I said, “Yes it is.”  Then, she said “Do they know what to study?”  I said, “No, but they should.”  And the “Seller’s Inspection Checklist” or “Study Guide” was born.  This is what’s going to be on the test….I mean inspection.  Download this free checklist (link below) and go through it….preferably not the night before 😀…..maybe a week or two out.  Go through this list, and consult with The Green Team and I promise your home inspection will go way smoother.  - Preston

https://www.homeinspectioncarolina.com/uploads/sellers%20checklist.pdf

Preston Sandlin and His Daughter - Home Inspection Carolina

Home Inspector, Preston Sandlin and His Inspiring Daughter

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Aug. 26, 2019

Lewisville-Clemmons Residential Real Estate Market Report July 2019

Lewisville-Clemmons Home Prices Continue to Climb and Sales Increase while Inventories Drop

Most of the recent housing metrics for the Lewisville-Clemmons area indicate the market is strong and still highly favored for home sellers as of July 2019. Home prices continue to rise over last year, sales increased substantially, inventory is lower, and days on the market have fallen since last July.  The only metric is a negative for the market is pending sales. Pending sales dropped over 44% since last year and is most likely reflective of not being enough homes for sale. There are still plenty of buyers in this market but many are making offers on multiple properties in multiple offer situations before having a winning bid.

Please don't hesitate to call/text us at 336.462.9544 if you have any questions regarding the local residential real estate market or any specific neighborhood in the Lewisville-Clemmons area as well as other surrounding Triad areas.  We're here to help! 

Lewisville Clemmons Market Report July 2019

 

July 31, 2019

Why Now Is the Perfect Time to Sell Your Lewisville-Clemmons House

Why Now Is The Perfect Time To Sell Your LEWISVILLE-CLEMMONS House

As a Lewisville-Clemmons area homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I sell? The list goes on and on.

Why Now Is the Perfect Time to Sell Your House

In today’s housing market, it’s actually a great time to shift your thoughts toward selling your house and moving up into the home of your dreams. Here’s why:

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July 19, 2019

The Cost of Waiting to Buy Your Home- Rising Interest Rates

The Cost Of Waiting to buy your home: Interest Rate increases [INFOGRAPHIC]

Are you still in the market to buy a home in the Lewisville-Clemmons area? Interest rates are projected to rise. How will rising interest rates affect your purchasing power? Check out the The Cost of Waiting: Rising Interest Rates Infographic below.  

 

To Summarize:

  • Interest rates are projected to increase steadily heading into 2020.
  • The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!

Are You Ready to Buy a Lewisville-Clemmons Area Home?

Contact Green Haven Realty today!  Call/text 336.462.9544 to schedule a home tour or for more info on any of the homes you see here. We're here to help!

Search the newest Lewisville-Clemmons area real estate listings!

 

July 16, 2019

Why Lewisville-Clemmons is Great for Retirees

Is the Lewisville-Clemmons NC Area Good for Retirees?

 

Are you retiring soon and looking for the perfect destination? Look no further than the Lewisville-Clemmons area of North Carolina. This area, located in Forsyth County, boasts Southern sensibility and charm with a low price tag. The atmosphere is peaceful; the crime rates are low, and there is so much to enjoy about this idyllic choice for retirees looking to kick back, relax and make the most of their Golden Years.

Retiree Couple on Lewisville Clemmons NC Golf Course

 

Need more convincing? Below you’ll find specific details about what makes Lewisville-Clemmons the perfect destination for retirees.

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June 28, 2019

Americans Rank Real Estate #1 Investment Six Years Running

Americans Rank Real Estate Best Investment For 6 Years Running! [INFOGRAPHIC]

Certainly there are choices when it comes to investing.  But the according to a recent Gallup Poll, the American Public believes Real Estate is the best investment. We couldn't agree more!!! 👍🏼

 

Americans Rank Real Estate Best Investment For 6 Years Running! [INFOGRAPHIC] | Keeping Current Matters

To Summarize:

  • Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
  • Stock owners are more positive about real estate than stocks as an investment. (Why shouldn't they be!?! 😉)
  • Of the 4 listed, real estate is the only investment you can also live in!

Looking to Invest in Winston-Salem area Real Estate?

Our team has experience with helping investors buy and sell Winston-Salem area real estate investment property. We've bought, rehabbed, and sold (flipped) our own investment properties as well as holding rental properties. Even though the foreclosure inventory is extremely low right now, you can search foreclosures on our site, which is updated every 5-15 minutes. If you are ready to invest, don't hesitate to call/text us at 336.462.9544.  We're here to help!