Chinese Visa application in Cary, Raleigh, Apex, Morrisville, Durham, Chapel Hill, Franklinkton, Henderson and surrounding area
Chinese Embassy has granted the Chinese-American Friendship Association in North Carolina (CAFA-NC) the AUTHORITY to process Chinese Visa Application regularly. CAFA will accept the applications for local applicants based on their request and time.CAFA is planning to process the visa application in June, 2009. Please send your request about your application #, departure time to president@cafanc.org , CAFA will make a formal announcement to collect your passport and application documents on a give date and place.CAFA briefly summarizes some rules/regulations issued from the Embassy about the visa application for your reference.1.
Regarding Item 1.4 and 1.6 of the application form, "Hong Kong", "Macau", "Taiwan" or "Republic of China" (ROC) is not recognized as a "Country" or a "Former Nationality". It ought to be "China", "People's Republic of China" (PRC) or "Taiwan/Hong Kong/Macau, China".
2. American citizens can stay in Hong Kong for up to 90 days without a visa if not for employment, training, residence, investment or overseas study purposes.
3. Third country nationals need to provide a photocopy of their legal resident or visa status in the United States, such as a green card, work permit or valid visa.
4. When priests, pastors, ministers, chaplains and other members of the clergy and writers, journalists, reporters, publishers, photographers, broadcasters, producers and other professionals of the media apply for a tourist visa, the applicants will need to write a personal letter stating that their purpose of trip to China will be solely for tourism and they will not engage in any activities related to their occupation.
5. Chinese Americans born in Mainland China, Hong Kong, Macau and Taiwan should put down their Chinese names in Chinese characters when filling in the application form. Those whose passports do not display at least one previous Chinese visa will need to present a copy of either their previous Chinese visa, former Chinese (including Hong Kong, Macau, or Taiwanese) passport, or other official documents bearing their Chinese name.
6. Hong Kong, Macau or Taiwanese passport holders who have not acquired US citizenship should apply for a "Travel Document of the People's Republic of China" to enter mainland China. Otherwise, apply for a Chinese visa with their US passports.
7. First-time visa applications for children who were born in the United States and to a Chinese mother and/or father will require a copy of the applicant's birth certificate and a copy of either one of the parents' green card or US passport. Or else, apply for a Chinese Travel Document instead.
8. For Business (F) visa applications, an invitation letter from China and/or an introduction letter from the applicant's employer, or if any, other relevant supporting documents are required.
9. Applicants who have acquired at least two F visas or have been issued a multiple entry F visa within the recent past are eligible for a 2-year Business (FU) visa. Besides the cover letters, they will need to present copies of their previous F visas.
10. For Employment/Work (Z) visa, apart from a visa notification issued by an authorized Chinese unit (usually the foreign affairs office of the local government), please submit either one of the following documents:
1) Original Work Permit for Aliens issued by the Chinese Ministry of Labor and Social Security and its copy.
2) Original Foreign Expert's Working Permit issued by the State Administration of Foreign Experts Affairs.
11. For applicants who will be enrolled and study in China, in addition to the visa application form, copies of their school admission letter and JW202 (or JW201) Form (Visa Application for Study in China) should be submitted (Please note that the JW202 (or JW201) Form is not a substitute for the Chinese Visa Application Form). Those who will study in China for over 180 days will be issued a Study (X) visa, whereas an "F" visa will suffice those studying for 180 days or less.
12. Those applicants who wish to travel to Tibet and need to apply for a visa including entry into Tibet from the Visa Office should obtain a "Travel Permit" from the Tibet Tourism Bureau prior to their visa application. And those who plan to visit Urumqi, Turpan, Kashgar or other parts of Xinjiang Autonomous Region will need to present a detailed itinerary.
13. Once visa applications have been processed, no change of visa type, number of entry, duration of stay and pick-up date can be made due to its great inconvenience. Any misissuance of visas as a result of discrepancies between the code on the submission form and the request made by the applicant in the application form is the submitter's responsibility. Corrections of this kind will not be made at our cost.
14. It takes longer to process certain cases that require special clearances. Therefore, be advised that Chinese Embassy cannot guarantee that every application can be finished within 4 working days. Please let the applicant understand.
15. The Embassy reserves the right to suspend or withdraw a visa agency's authorization in case of any misuse of its self-drop-off rights, serious violations of our rules and regulations, too many erroneous submissions, or no / few submissions for an extended period of time.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest compliment my clients can give me is the referral of their friends, family, and business associates! Thank you for your trust!!
Regarding Item 1.4 and 1.6 of the application form, "Hong Kong", "Macau", "Taiwan" or "Republic of China" (ROC) is not recognized as a "Country" or a "Former Nationality". It ought to be "China", "People's Republic of China" (PRC) or "Taiwan/Hong Kong/Macau, China".
2. American citizens can stay in Hong Kong for up to 90 days without a visa if not for employment, training, residence, investment or overseas study purposes.
3. Third country nationals need to provide a photocopy of their legal resident or visa status in the United States, such as a green card, work permit or valid visa.
4. When priests, pastors, ministers, chaplains and other members of the clergy and writers, journalists, reporters, publishers, photographers, broadcasters, producers and other professionals of the media apply for a tourist visa, the applicants will need to write a personal letter stating that their purpose of trip to China will be solely for tourism and they will not engage in any activities related to their occupation.
5. Chinese Americans born in Mainland China, Hong Kong, Macau and Taiwan should put down their Chinese names in Chinese characters when filling in the application form. Those whose passports do not display at least one previous Chinese visa will need to present a copy of either their previous Chinese visa, former Chinese (including Hong Kong, Macau, or Taiwanese) passport, or other official documents bearing their Chinese name.
6. Hong Kong, Macau or Taiwanese passport holders who have not acquired US citizenship should apply for a "Travel Document of the People's Republic of China" to enter mainland China. Otherwise, apply for a Chinese visa with their US passports.
7. First-time visa applications for children who were born in the United States and to a Chinese mother and/or father will require a copy of the applicant's birth certificate and a copy of either one of the parents' green card or US passport. Or else, apply for a Chinese Travel Document instead.
8. For Business (F) visa applications, an invitation letter from China and/or an introduction letter from the applicant's employer, or if any, other relevant supporting documents are required.
9. Applicants who have acquired at least two F visas or have been issued a multiple entry F visa within the recent past are eligible for a 2-year Business (FU) visa. Besides the cover letters, they will need to present copies of their previous F visas.
10. For Employment/Work (Z) visa, apart from a visa notification issued by an authorized Chinese unit (usually the foreign affairs office of the local government), please submit either one of the following documents:
1) Original Work Permit for Aliens issued by the Chinese Ministry of Labor and Social Security and its copy.
2) Original Foreign Expert's Working Permit issued by the State Administration of Foreign Experts Affairs.
11. For applicants who will be enrolled and study in China, in addition to the visa application form, copies of their school admission letter and JW202 (or JW201) Form (Visa Application for Study in China) should be submitted (Please note that the JW202 (or JW201) Form is not a substitute for the Chinese Visa Application Form). Those who will study in China for over 180 days will be issued a Study (X) visa, whereas an "F" visa will suffice those studying for 180 days or less.
12. Those applicants who wish to travel to Tibet and need to apply for a visa including entry into Tibet from the Visa Office should obtain a "Travel Permit" from the Tibet Tourism Bureau prior to their visa application. And those who plan to visit Urumqi, Turpan, Kashgar or other parts of Xinjiang Autonomous Region will need to present a detailed itinerary.
13. Once visa applications have been processed, no change of visa type, number of entry, duration of stay and pick-up date can be made due to its great inconvenience. Any misissuance of visas as a result of discrepancies between the code on the submission form and the request made by the applicant in the application form is the submitter's responsibility. Corrections of this kind will not be made at our cost.
14. It takes longer to process certain cases that require special clearances. Therefore, be advised that Chinese Embassy cannot guarantee that every application can be finished within 4 working days. Please let the applicant understand.
15. The Embassy reserves the right to suspend or withdraw a visa agency's authorization in case of any misuse of its self-drop-off rights, serious violations of our rules and regulations, too many erroneous submissions, or no / few submissions for an extended period of time.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest compliment my clients can give me is the referral of their friends, family, and business associates! Thank you for your trust!!
The Soul Picnic at Booth Amphitheatre
THE SOUL PICNIC
Celebration of Culture, Music, Food & EntertainmentArtists include Mint Condition, Doug E. Fresh, Carl Thomas and more...
Saturday August 8 Noon – 11 p.m.
Tickets On Sale
Friday, May 22 at Noon~ $35/General Admission, $52.50/Gold Circle, $60/Table ~
Tickets can be purchased at Booth Amphitheatre
(Tuesday- Friday, Noon - 6 p.m. & Saturday from 10 a.m. – 1 p.m.) or any Ticketmaster Outlet, or charge-by-phone at 1-800-745-3000.
For complete concert information go to www.soulpicnic.com, www.boothamphitheatre.com or call 919-462-2025.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
Celebration of Culture, Music, Food & EntertainmentArtists include Mint Condition, Doug E. Fresh, Carl Thomas and more...
Saturday August 8 Noon – 11 p.m.
Tickets On Sale
Friday, May 22 at Noon~ $35/General Admission, $52.50/Gold Circle, $60/Table ~
Tickets can be purchased at Booth Amphitheatre
(Tuesday- Friday, Noon - 6 p.m. & Saturday from 10 a.m. – 1 p.m.) or any Ticketmaster Outlet, or charge-by-phone at 1-800-745-3000.
For complete concert information go to www.soulpicnic.com, www.boothamphitheatre.com or call 919-462-2025.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
North Carolina Science and Technology and Opportunities by Chinese Association of Science and Technology North Carolina Chapter (CAST-NC)
Chinese Association of Science and Technology, North Carolina Chapter(CAST-NC, http://www.castnc.org/) is pleased to announce an exciting and informative seminar "North Carolina Science and Technology and Opportunities" by Dr. John Hardin, Director of North Carolina Board ofScience and Technology.
Time: 5/30/2009 (Sat), 2:00 PM - 4:00 PM; there will be Q&A session afterthe seminar
Place: MCNC auditorium, 3021 Cornwallis Road, Research Triangle Park, NC27709
Dr. John Hardin will talk about the cutting edge science and technologydiscovered/developed in North Carolina. Dr. Hardin will also talk aboutNC job markets, and opportunities available for professionals to developeither in the path of being a scientist or an entrepreneur, including fromthe perspective of collaboration between China and North Carolina.
It is free for CAST-NC members and on-site membership application isavailable to public to be admitted free; non-members pay $5 at admission(free for students).
Fees collected are for covering auditorium renting anddrink.You can also join CAST-NC online http://www.castnc.org/, and bring yourapplication and payment to the seminar.
Hannah Chan, GRI
Broker/Owner
CARY-RALEIGH REATLY, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
Time: 5/30/2009 (Sat), 2:00 PM - 4:00 PM; there will be Q&A session afterthe seminar
Place: MCNC auditorium, 3021 Cornwallis Road, Research Triangle Park, NC27709
Dr. John Hardin will talk about the cutting edge science and technologydiscovered/developed in North Carolina. Dr. Hardin will also talk aboutNC job markets, and opportunities available for professionals to developeither in the path of being a scientist or an entrepreneur, including fromthe perspective of collaboration between China and North Carolina.
It is free for CAST-NC members and on-site membership application isavailable to public to be admitted free; non-members pay $5 at admission(free for students).
Fees collected are for covering auditorium renting anddrink.You can also join CAST-NC online http://www.castnc.org/, and bring yourapplication and payment to the seminar.
Hannah Chan, GRI
Broker/Owner
CARY-RALEIGH REATLY, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
Ro Han Mem Taiwanese Cultural Troupe Performance THIS THURSDAY, May 14 @ NC State
Students from Taiwanese university came all the way to North Carolina to perform "Ro Han Mem Taiwanese Cultural Troupe" for us! This will be an AWESOME CULTURAL dance performance!
The performance will include Taiwanese traditional ballads and folk arts such as the magnificent Sung-Jiang Battle Array, Hakka folk songs, Indigenous music, as well as ethnic dance styles to reflect the diversity and legacy of Taiwanese culture. The Troupe's musicals highlight a variety of unique songs, dances, and battle array performances that are representative of distinctive Fukienese, Hakka, and Indigenous cultures, providing a vivid portrayal & storytelling of the mosaic as well as the resilience of Taiwanese ancestors in their early settlement in southern Taiwan, and the resulting solidarity among them.
Time: 7:00PM, Thursday, May 14Place: Stewart Theater , NC State University, RaleighTicket Price: $10, group rate $5.
Please contact http://us.mc01g.mail.yahoo.com/mc/compose?to=shu-chuan.chou@rtp-ppdi.com for more information or RSVP to buy the tickets!!
Hannah Chan, GRI
Broker/Owner
CARY-RALEIGH REATLY, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
The performance will include Taiwanese traditional ballads and folk arts such as the magnificent Sung-Jiang Battle Array, Hakka folk songs, Indigenous music, as well as ethnic dance styles to reflect the diversity and legacy of Taiwanese culture. The Troupe's musicals highlight a variety of unique songs, dances, and battle array performances that are representative of distinctive Fukienese, Hakka, and Indigenous cultures, providing a vivid portrayal & storytelling of the mosaic as well as the resilience of Taiwanese ancestors in their early settlement in southern Taiwan, and the resulting solidarity among them.
Time: 7:00PM, Thursday, May 14Place: Stewart Theater , NC State University, RaleighTicket Price: $10, group rate $5.
Please contact http://us.mc01g.mail.yahoo.com/mc/compose?to=shu-chuan.chou@rtp-ppdi.com for more information or RSVP to buy the tickets!!
Hannah Chan, GRI
Broker/Owner
CARY-RALEIGH REATLY, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
0.59 acres lot in Chapel Ridge, Pittsboro For Sale $119900
You can live in Chapel Ridge Golf Course community include clubhouse, swimming pool, gym, tennis, basketball, volleyball, curbs gutter and sidewalks. One of the widest lot which you can put any floorplan in this lot even governor circle. Resort-style amenities and no time limit to build! Visit today!!
Hannah Chan, GRI
Broker/Owner
CARY-RALEIGH REATLY, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
CARY-RALEIGH REATLY, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
Job Hunting Seminar at NC State University organized Chinese Culture and Language Meetup group at NCSU (edit/delete)
What: Job Hunting Seminar at NC State UniversityWhen: May 10, 2009 3:00 PMWhere: Click the link below to find out!Meetup Description: NC State University is hosting a seminar this Sunday (May 10th, Mother's Day - don't forget to call your mom!) Panelists will start with a self introduction and the general job situation in each field. Then follow by panel discussion and Q&A.
Academic/University:
Bailian Li, Vice Provost, NC State UniversityInformation Technology:
Michael Chen, former Vice President, Red HatBiotechnology/Laboratory:
Liang Shi, Division Manager, SyngentaNew Hire Experience:
Ling Xiang, Recent NC State graduate and now new SAS employee
Event Time: 3:00pm - 4:30pm, Sunday, May 10th, 2009.
Location: Poe Hall 216, NCSUStinson Dr, Raleigh, NCMaps: http://www.ncsu.edu/campus_map/north.htm,
Look for Building 24Parking: The new parking lot of Math and Statistics Building is right beside Poe Hall.
Learn more here:http://www.meetup.com/TriangleChinese/calendar/10342092/
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
What: Job Hunting Seminar at NC State UniversityWhen: May 10, 2009 3:00 PMWhere: Click the link below to find out!Meetup Description: NC State University is hosting a seminar this Sunday (May 10th, Mother's Day - don't forget to call your mom!) Panelists will start with a self introduction and the general job situation in each field. Then follow by panel discussion and Q&A.
Academic/University:
Bailian Li, Vice Provost, NC State UniversityInformation Technology:
Michael Chen, former Vice President, Red HatBiotechnology/Laboratory:
Liang Shi, Division Manager, SyngentaNew Hire Experience:
Ling Xiang, Recent NC State graduate and now new SAS employee
Event Time: 3:00pm - 4:30pm, Sunday, May 10th, 2009.
Location: Poe Hall 216, NCSUStinson Dr, Raleigh, NCMaps: http://www.ncsu.edu/campus_map/north.htm,
Look for Building 24Parking: The new parking lot of Math and Statistics Building is right beside Poe Hall.
Learn more here:http://www.meetup.com/TriangleChinese/calendar/10342092/
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
Chinese Summer Camp, Vacation Bible School and more in Cary, Raleigh, Apex, Morrisville, Chapel Hill and RTP
If you are looking for Chinese summer camp for your children in Chapel Hill and you can check out
1)The RedApple Learning Academy
Chinese Summer-Camp & After-School ProgramsRedApple Learning AcademyAddress: 1777 Fordham Blvd (US 15-501), Suite 103, Chapel Hill, NC 27514Phone: (919) 428-6772
If you are located in Morrisville, Cary and Apex area, you can check out the Chinese summer camp and track out program offered by Champion Learning Academy.
2)http://www.championla.com/
Chinese/Art After school; Track-out, Summer camp
106 pheasant wood ct. Morrisville, NC. 27560
919-388-1739
If you would like to have your kids to join the Vacation Bible School held in Raleigh Chinese Christian Church in Cary this summer. You can go to their website http://www.raleighccc.org/vbs/2009/index.htm
and find out more details. They start to receive application on May 10th, 2009. The class get fill very fast and you don't want to miss the deadline!!
3)Raleigh Chinese Christian Church
http://www.raleighccc.org/
9266 Chapel Hill Road
Cary, NC 27513
(919) 834-3815
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
1)The RedApple Learning Academy
Chinese Summer-Camp & After-School ProgramsRedApple Learning AcademyAddress: 1777 Fordham Blvd (US 15-501), Suite 103, Chapel Hill, NC 27514Phone: (919) 428-6772
If you are located in Morrisville, Cary and Apex area, you can check out the Chinese summer camp and track out program offered by Champion Learning Academy.
2)http://www.championla.com/
Chinese/Art After school; Track-out, Summer camp
106 pheasant wood ct. Morrisville, NC. 27560
919-388-1739
If you would like to have your kids to join the Vacation Bible School held in Raleigh Chinese Christian Church in Cary this summer. You can go to their website http://www.raleighccc.org/vbs/2009/index.htm
and find out more details. They start to receive application on May 10th, 2009. The class get fill very fast and you don't want to miss the deadline!!
3)Raleigh Chinese Christian Church
http://www.raleighccc.org/
9266 Chapel Hill Road
Cary, NC 27513
(919) 834-3815
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates!
Thank you for your trust!!
Raleigh, Cary, Apex, Morrisville Housing Market Update April 2009
Welcome to my monthly eNewsletter!!
I wrote this issue while I was attending my final GRI (Graduate Realtor Institute) class in Kitty Hawk, NC. I finally earned my GRI designation in April, only about 19% of the Realtors have this designation.
The GRI designation requires intensive education in real estate investing, property management, 1031 exchanges, client value creation, listing strategies, negotiations and many other advanced topics. I hope I could leverage the knowledge and experiences I gained from GRI to better serve my clients and friends. I am also working toward my CRS (Certified Residential Specialist) designation to expand my professional network in this competitive real estate industry and give me up-to-date knowledge in the market trends. I will keep you posted about my CRS designation.
Today, many people especially first time buyers believe they can do all of the research on the internet themselves and make their decisions themselves without getting any professional advice. Many of them got entangled in the process along the way.
Over the years, I have seen people "got burned" in the real estate process and transactions because they don't have an Entrusted Real Estate Advisor. I strongly recommend that you get someone you can trust completely and can give you unbiased advice... you simply need an entrusted real estate advisor who not only can help you see the things you don't see yourself, and also not only give you valuable advice in the real estate process but also help you plan and execute your real estate transactions.
The professional real estate broker job is very demanding and requires tremendous experiences, excellence in execution and up-to-date knowledge about the local market trends and pricing. Sometimes I am really amazed by how some people who have a regular full time job in other industry and work as a weekend (part-time) real estate agent can really provide the best sevices and advice to their clients.
Look for the qualifications and client testimonials when you are selecting your "entrusted advisor" for your real estate transactions.
Here is the market update for Wake County in March and April per NAR data:
Total Active Listing: 10911
Total Pending Listing: 1033
Price Range Total Pending Total Active Listing Pending / Active
120K-139K 109 715 15%
140K-159K 99 716 14%
160K-179K 102 779 13%
180K-199K 83 672 12%
The statistics for the median home segments are as follows:
250K-299K 93 1194 8%
300K-399K 137 1758 8%
The statistics for the luxury home segments are as follows:
400K-499K 41 970 4%
500K-749K 37 1130 3%
750K-999K 12 397 3%
1 million or up 10 301 3%
The most active segments are entry and mid-market. The highest percentage of Total Pending/ Total Active are in the entry level market segments (less than $250K price ranges).
Two buyer groups are driving the sales of those segments: first time buyers and investors. Many of those sales are "foreclosure" properties.
The weakest sales are in the luxury home sgements as expeceted due to the current economic conditions. The builders such as Toll Brothers and John Wieland had huge sales incentives in April to help promote their new homes which put more competitive pressure to the resales in the luxury home segment. Aside from these statistics, each subdivision has its own dynamics and sales trends.
Make sure you understand those data for your particular real estate transaction. So, I am helping many sellers to list their houses for sales during the prime time period (mid May, June, July and early August)........ and just want to give you guys a heads up that if you want to sell and sell it fast..... ACT NOW!!!!
Most of the houses I helped my buyer purchase in the past couple of months were all priced very competitively and I helped my buyer submit the offer almost the same date they were listed. So, I want to let you know you want to sell it this market and move very fast......it works if you know the magicial number -- "the right pricing strategy"!!!
Anyway, April defintely was a good month for my buyers. Even though there was more competitions than expected, I helped my buyers get some very good deals, no matter they were brand new, resale or foreclosure properties.
Please feel free to email or call me if you have any real estate question.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates! Thank you for your trust!!
I wrote this issue while I was attending my final GRI (Graduate Realtor Institute) class in Kitty Hawk, NC. I finally earned my GRI designation in April, only about 19% of the Realtors have this designation.
The GRI designation requires intensive education in real estate investing, property management, 1031 exchanges, client value creation, listing strategies, negotiations and many other advanced topics. I hope I could leverage the knowledge and experiences I gained from GRI to better serve my clients and friends. I am also working toward my CRS (Certified Residential Specialist) designation to expand my professional network in this competitive real estate industry and give me up-to-date knowledge in the market trends. I will keep you posted about my CRS designation.
Today, many people especially first time buyers believe they can do all of the research on the internet themselves and make their decisions themselves without getting any professional advice. Many of them got entangled in the process along the way.
Over the years, I have seen people "got burned" in the real estate process and transactions because they don't have an Entrusted Real Estate Advisor. I strongly recommend that you get someone you can trust completely and can give you unbiased advice... you simply need an entrusted real estate advisor who not only can help you see the things you don't see yourself, and also not only give you valuable advice in the real estate process but also help you plan and execute your real estate transactions.
The professional real estate broker job is very demanding and requires tremendous experiences, excellence in execution and up-to-date knowledge about the local market trends and pricing. Sometimes I am really amazed by how some people who have a regular full time job in other industry and work as a weekend (part-time) real estate agent can really provide the best sevices and advice to their clients.
Look for the qualifications and client testimonials when you are selecting your "entrusted advisor" for your real estate transactions.
Here is the market update for Wake County in March and April per NAR data:
Total Active Listing: 10911
Total Pending Listing: 1033
Price Range Total Pending Total Active Listing Pending / Active
120K-139K 109 715 15%
140K-159K 99 716 14%
160K-179K 102 779 13%
180K-199K 83 672 12%
The statistics for the median home segments are as follows:
250K-299K 93 1194 8%
300K-399K 137 1758 8%
The statistics for the luxury home segments are as follows:
400K-499K 41 970 4%
500K-749K 37 1130 3%
750K-999K 12 397 3%
1 million or up 10 301 3%
The most active segments are entry and mid-market. The highest percentage of Total Pending/ Total Active are in the entry level market segments (less than $250K price ranges).
Two buyer groups are driving the sales of those segments: first time buyers and investors. Many of those sales are "foreclosure" properties.
The weakest sales are in the luxury home sgements as expeceted due to the current economic conditions. The builders such as Toll Brothers and John Wieland had huge sales incentives in April to help promote their new homes which put more competitive pressure to the resales in the luxury home segment. Aside from these statistics, each subdivision has its own dynamics and sales trends.
Make sure you understand those data for your particular real estate transaction. So, I am helping many sellers to list their houses for sales during the prime time period (mid May, June, July and early August)........ and just want to give you guys a heads up that if you want to sell and sell it fast..... ACT NOW!!!!
Most of the houses I helped my buyer purchase in the past couple of months were all priced very competitively and I helped my buyer submit the offer almost the same date they were listed. So, I want to let you know you want to sell it this market and move very fast......it works if you know the magicial number -- "the right pricing strategy"!!!
Anyway, April defintely was a good month for my buyers. Even though there was more competitions than expected, I helped my buyers get some very good deals, no matter they were brand new, resale or foreclosure properties.
Please feel free to email or call me if you have any real estate question.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
The highest complement my clients can give me is the referral of their friends, family, and business associates! Thank you for your trust!!
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