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.

Aug. 29, 2022

Top 10 Reasons to Move to Winston-Salem

There are many reasons to move to Winston-Salem. So, if you look forward to finding a home in North Carolina, this guide is just what you need. By moving to this thriving city, you are ensuring a comfortable and vibrant lifestyle at the same time. There’s so much to see and do. Plus, the costs of living in Winston-Salem are easy to keep in check.

 

1 - Employment

Winston-Salem is one of the cities in NC with a high employment rate. Rest assured, it won’t be challenging to land a high-paying job. However, keep in mind that some professions tend to be more competitive than others. That being said, make sure to solve your job situation before moving.

 

2 - Safety

As one of the safest cities in NC, Winston-Salem is very livable. Since it’s an excellent NC place to raise a family, young parents often move here. 

 

3 - Affordable living and housing

In comparison with the majority of NC cities, Winston-Salem is quite affordable. In fact, it’s also one of the most affordable places to live in the US. You can get quality groceries, clothes, and other products at much lower prices. Housing is also affordable to the point it’s possible to own a home. However, remember that investing in real estate is a long-term project. Whether you’ll buy or rent a home in Winston - Salem depends upon your future plans. 

It’s wise to consult professional realtors before you start looking for a home. Although the housing market in Winston-Salem is affordable, you’ll need proper guidance. The best home isn’t the one you’ll find overnight. Aside from appearance, you have to make sure everything in a home you’re interested in works well.

 

4 - Arts and entertainment

The art scene is another aspect that makes Winston-Salem so unique. Amazing street art murals and galleries are easy to find and frequently visited by art admirers. Winston-Salem is an unofficial art city of North Carolina for a good reason. After you visit the Southeastern Center of Contemporary Art, you can transition to a festival, for instance. If you’re a fan of classic rock combined with car race events, you’ll enjoy every minute of the Heavy Rebel Weekender Music Festival.

Have professional movers handle your relocation

Make sure to find the right team of movers who will ensure a stress-free NC interstate relocation from start to finish. The companies you should consider are the ones that hold licenses and have a unique USDOT number. Any company that isn’t fully registered isn’t worth your time.

 

Here are quick and effective steps to finding the right company:

 

  1. Bookmark the websites of companies that have a variety of moving, packing, and storage services. Don’t forget to check if they’re registered and licensed.
  2. Contact each company during their working hours. Have their website open while asking them about services and price points. Make sure what you see is what you would get by hiring that particular company.
  3. Get up to four free moving estimates.
  4. Take all information and estimated costs into consideration and decide which company is the best one.

 

If you’re in a rush to hire a good mover…

There are moving company databases that save you lots of time. Thanks to moving experts like the ones at bestcrosscountrymovers.com, it’s easy to find a suitable moving company. At the same time, you’ll dodge any scam company that tries to sell you fake services and drain your budget. All you have to do is fill out the form and wait for a list with the movers that can get all the work done for you.

 

Nightlife in Winston-Salem is an experience in itself. Beer lovers will enjoy craft breweries and pubs packed with laid-back people.

 

5 - Cultural diversity and acceptance

 

People of all cultural backgrounds can call Winston-Salem their home. Plus, people are very liberal and generous. Hence why young professionals, retirees, and basically people of all age groups come here.

 

6 - Outdoors

Hiking, climbing, and camping are favorite outdoor activities among the residents of Winston -  Salem. If you are one of them, be sure you’ll spend every sunny weekend somewhere in nature:

 

      Pilot Mountain is where you go on a hike with a good camera. From there, you can enjoy and capture amazing views. It takes you up to 30min drive from Winston - Salem to get there.

      Grandfather Mountain is where you go climbing.

      Hanging Rock might be your favorite if you want a combination of hiking, camping, kayaking, and swimming in the lake.

 

 

 

7 - Excellent education

The city is also home to Wake Forest University, Salem UniversityNorth Carolina School of the Arts, and many other prominent educational institutions. Education is one of Winston-Salem’s strongest assets that inspire families to move. Top-level professionals teach kids in lower grades, and a high rate of High-School graduates continue to college.

 

 

8 - Entrepreneurship

Did you know that North Carolina cities are entrepreneur-friendly? If you happen to be someone with a business plan, you can launch it in Winston-Salem. The market is both strong, diverse, and welcoming to fresh innovations. It’s one of the reasons to move to Winston-Salem if you’re an aspiring business owner.

 

 

9 - Active lifestyle

Another distinctive trait you’ll notice in Winston-Salem is that almost everybody enjoys a wide array of activities. Sports, the outdoors, and an active lifestyle, in general, are what people simply enjoy. The fact is that people in Winston-Salem are among the healthiest in NC and beyond.

 

10 - Coffe shops and restaurants

You’ll definitely find your favorite coffee spot and a restaurant in Winston-Salem. The coffee is good, the food is super tasty, and the service is chef's kiss.

Moving to Winston-Salem is worth it

As you’re packing for the move, take time to remind yourself of the reasons to move to Winston-Salem. That way, you’ll stay focused and keep your motivation up. Moving can be an exhausting endeavor at times, especially if you have lots of duties to handle at once. When you know what to expect from a place you’re moving to, relocation tasks become less dreadful. Moreover, your move starts to seem like an adventure that will become a fond memory.

Aug. 8, 2022

Housing Market Forecast for the Rest of 2022

What Will the Housing Market Be Like for the Remainder of 2022?Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

Aug. 4, 2022

Buying vs. Renting a Home in Winston-Salem

Does Buying a Winston-Salem Home Make More Sense than Renting?

Buying vs Renting a Home in Winston-Salem

 

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s Winston-Salem housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says:

“The median rent across the 50 largest US metropolitan areas reached $1,876 in June, a new record level for Realtor.com data for the 16th consecutive month.”

That means rising prices will likely impact your housing plans either way. But there are a few key differences that could make buying a home a more worthwhile option for you.

If You Need More Space, Buying a Winston-Salem Home May Be More Affordable

What you may not realize is that, according to the latest data from realtor.com and the National Association of Realtors (NAR), it may actually be more affordable to buy than rent depending on how many bedrooms you need. The graph below uses the median rental payment and median mortgage payment across the country to show why.  The Winston-Salem median rent is $1,795 according to the Zillow Rental Manager.

Buying a Home May Make More Financial Sense Than Renting One | Keeping Current Matters

As the graph conveys, if you need two or more bedrooms, it may actually be more affordable to buy a home even as prices rise. While this doesn’t take into consideration the interest deduction or other financial advantages that come with owning a home, it does help paint the picture that it may be more affordable to buy then rent for that unit size based on nationwide averages. So, if one of the factors motivating you to move is a desire for more space, this could be the added encouragement you need to consider homeownership.

Homeownership Also Provides Stability and a Chance To Grow Your Wealth

In addition to being more affordable depending on how many bedrooms you need, buying has two other key benefits: payment stability and equity.

When you buy a home, you lock in your monthly payment with your fixed-rate mortgage. And that’s especially important in today’s inflationary economy. With inflation, prices rise across the board for things like gas, groceries, and more. Locking in your housing payment, which is likely your largest monthly expense, can provide greater long-term stability and help shield you from those rising expenses moving forward. Renting doesn’t provide that same predictability. A recent article from CNET explains it like this:

“…if you buy a house and secure a fixed-rate mortgage, that means that no matter how much prices or interest rates go up, your fixed payment will stay the same every month. That’s an advantage over renting since there’s a good chance your landlord will raise your rent to counter inflationary pressures.” 

Not to mention, when you buy, you have the chance to build equity, which in turn grows your net worth. It works like this. As you pay down your home loan over time and as home values continue to appreciate, so does your equity. And that equity can make it easier to fuel a move into a future home if you decide you need a bigger home later on, or an investment property to grow your wealth even more. Again, the CNET article mentioned above helps explain:

Homeownership is still considered one of the most reliable ways to build wealth. When you make monthly mortgage payments, you’re building equity in your home that you can tap into later on. When you rent, you aren’t investing in your financial future the same way you are when you’re paying off a mortgage.”

Green Haven Realty Helps Winston-Salem Home Buyers

If you’re trying to decide whether to keep renting or buy a home in the Winston-Salem area, work with trusted real estate professionals to explore your opportunities. With home equity and a shield against inflation on the line, it may make more sense to buy a home if you’re able to. 

Check out the book our owners, Tony & Kim Green, have authored and are offering it our readers for free at the link below.

FREE Real Estate Book:  THE COMPLETE GUIDE TO BUYING A HOME

Inside Home-Selling Tips

Don't hesitate to call/text Green Haven Realty today at 336.462.9544 to evaluate your options.  We're here to help!

July 29, 2022

Expenses to Expect When Selling Your Winston-Salem Home

What Expenses Will I Pay When Selling My Winston-Salem Home?

Expenses When Selling Your Winston-Salem Home

Since buying a home is a significant investment, not everyone can afford their dream home from the very beginning. Thus, many choose to invest in a starter home and only later start looking for their forever home. And this is perfectly normal. Nevertheless, once you decide to sell your current home, the excitement can make you blind to some of the crucial aspects. You start dreaming of your future home and fail to properly consider what selling entails. For example, you must know what expenses to expect when selling your Winston-Salem home. Otherwise, you might miscalculate the amount you can invest in your future home. So, let’s break down the costs of selling a home.

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July 25, 2022

Are Winston-Salem Home Values Increasing?

What’s Causing Ongoing Winston-Salem Home Price Appreciation?

If you’re thinking about making a move , you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts forecast continued price growth: supply and demand.What’s Causing Ongoing Home Price Appreciation?

While Growing, Housing Supply Is Still Low

Even though Winston-Salem housing inventory is increasing this year as the market moderates, supply is still low. The graph below helps tell the story of why there still aren’t

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July 6, 2022

Selling an Inherited Home in Winston-Salem

Can I Sell My Inherited Property in Winston-Salem?

Inheriting a property does not happen every day. In fact, such an inheritance might seem like a dream come true.  If you are interested in selling the inherited property in the Winston-Salem area, you of course are wondering if you can sell it.  The short answer is "yes", but the legal and financial responsibilities make selling an inherited home quite challenging.  Each county in North Carolina is a little different, and Forsyth County has its own probate processes for estatesThis is compounded by the fact that most people have no previous knowledge or experience with selling an inherited property. Of course, having a certified probate expert on your side definitely

Selling an Inherited Home in Winston Salem, NC

helps.  The bottom line is the inherited property cannot be sold until ownership has conveyed to the heirs during the probate process. However, it is still vital that you are aware of the potential intricacies, benefits, tax consequences, and pitfalls that make up the process of selling an inherited home. Read on to find out more. 

 

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June 29, 2022

Should You Get An Appraisal on Inherited Property?

Is an Appraisal Required for Inherited Property in North Carolina?

 Is an Appraisal Required for Inherited Property

If you have inherited real estate, you probably have many questions regarding the property.  Should I keep it?  Should I sell it?  What's it worth? And so forth.   If you're an Executor in North Carolina handling an estate that has a home or other real estate, it's most likely the most valuable asset within the estate. It's your responsibility to know what it's worth, for several reasons: to report a taxable gain or loss on the eventual sale; for an inventory, if the estate goes through probate; and to fairly divide estate assets among heirs and/or beneficiaries, if that's what the will called for.

One important question you will have is "should I get an appraisal?"  Well, generally speaking, a real estate appraisal is not required when you inherit property.  However, it's highly recommended that you have an appraisal completed for two primary reasons. 

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June 19, 2022

Certified Probate Expert Can Help You Through the Process

A Certified Probate Expert Can Help You Through the Process

Dealing with the death of a loved one can be one of the hardest things a person has to go through.  And if you are the Executor/Executress or Personal Representative of the Estate, there are many decisions you have to make going through the probate process: Estate Planning, Protecting Assets, Cleaning Out the Property, Assessing the Value of Real Estate, Selling Real Estate, Finding Title Issues with any Real Estate, Estate Advance of Funds, Finding Social Workers, and many others.   

What You Should Know About Probate Real Estate

As a fiduciary for the estate, you want to make sure you don't make any mistakes.  But that's not easy.  It helps to have someone who can help you through the probate process.  A Certified Probate Expert (CPE) is exactly what 

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June 16, 2022

Advantages of Working with a Hybrid Agent Investor

Advantages of Working with a Hybrid Agent Investor 

Advantages of selling my triad home with a hybrid agent-investor

In today’s changing real estate market and recession on the horizon, selling your Triad area property quickly may involve a lot of effort, both on the agent's and seller's behalf. The traditional route of listing your home for sale, remodeling, waiting for top dollar buyers, and other steps in the process might not be a luxury a home seller can afford. In that sense, working with a hybrid agent investor can produce results much faster. Teaming up with a so-called hybrid between a real estate agent and an investor might be the right choice for several reasons. We are here to explain why.

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June 1, 2022

Buying A Starter Home vs Your Forever Home

 

Is It Time to Buy a Starter Home or Your Forever Home?

You’re getting ready to buy a house - but what if you’re torn between buying a starter home or a forever home? Perhaps you want to save money upfront by choosing a Lewisville-Clemmons starter home, but your partner hopes to stay in the area long-term and wants to buy a forever home. Or maybe you don’t want to end up house hunting again later in life, so you’re leaning towards a Winston-Salem forever home - yet you’re wondering if a starter home could appreciate in value, making it a good investment.

 

 

If you need guidance throughout the house-hunting process, working with the experienced real estate agents at Green Haven Realty will make home-buying a breeze! In the meantime, here are a few factors to consider if you’re struggling to decide between buying a starter home or a forever home.

Lewisville NC Real Estate Agent Showing Home Buyers a House

Lewisville, NC Real Estate Agent Showing Home Buyers a House for Sale

 

 

Understand the Home Buying Process

Before you make any concrete decisions about what type of property to look for in the Lewisville-Clemmons area, it’s important to take some time to learn about the ins and outs of the home-buying process. After all, if you’re a first-

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