Cary Raleigh Realty - serving Cary, Raleigh, Apex, Morrisville, Chapel Hill, Durham,RTP

Prime Chapel Hill Land FOR SALE $295000/9.3acres

Great Opportunity to own almost 10 acre in Chapel Hill and build your dream home in top Chapel Hill school system! Minutes to 15-501! Convenient to everything! Must See!
Please feel free to call 0r email for any question!

Hannah Chan
Broker/Owner
Cary-Raleigh Realty, Inc -Your Entrusted Real Estate Advisor in Triangle
919-426-1854(cell)
http://www.caryraleighrealty.com/

Cary Raleigh No.1 Healthiest Housing Market & Top 25 Wealthiest center in our country

Cary Raleigh No.1 Healthiest Housing Market & Top 25 Wealthiest center in our country! Triangle Housing market ranked No. 1 Healthiest Housing Market according to Hanley Wood Market Intelligence, a California research firm. They ranked the Cary-Raleigh market first and the Durham-Chapel Hill market sixth on its list of the healthiest markets among the top 100 U.S. housing markets. Their rankings are based on home prices, employment conditions and income growth potential.

On the other hand, a new study by American City Business Journal has ranked Cary the No. 25 "wealth center" in America and tops in the state.
Forbes magazine just announced Raleigh the most wired city in the United States which we bet Altanta (No.2) and Seattle (No. 3) based on the broadband penetration, broadband access and the prevalence of wi-fi hot spots. More than 71 percent of Raleigh residents are connected to high-speed Internet.

All the above studies and findings once again showing you that the Triangle housing market actually did pretty well and our Wake county closed Sales in 2010 actually increased 7.2% and the median home prices increased 4.7% to $207500. Also, the inventories in January in Wake county dropped 12.3%.
Real Estate market is just like your local weather!! Even though we are sunny here but New York maybe has 5 inches snow. So, don't just read the news and think all the real estate market are the same. You need to have a local entrusted real estate advisor to give you the best picture of local real estate market.
If you have any question about our Traingle housing market and please feel free to email me or call me.

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in the Triangle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

My December Advertisement in Triangle Chinese Newspaper - Chinastar

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Triangle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

How you can take advantage on the new tax credit before it is gone?

We all knew the $8000 first time home buyer credit was extended and if you are existing home owners and owned the house for the past 5 years, you are qualified for $6500 as long as you did not make more than $125K and $225 for joint filers.

So, let's find out how this new credit will affect you as a
(1) Trade-up home buyers, (2) Downsized home buyers and (3) Real estate investors.

First, if you are waiting to trade up your existing homes and like to make a home purchase in order to take advantages the $6500 tax credit. You will need to consider how to do with your existing homes.
Do you need to sell it or rent it out?
Do you need the equity from your existing home in order to put at least 20% down so you don't need to pay the PMI (Private Mortgage Insurance).

If so, you may want talk to several mortage brokers how you can draw the equity line from your primary residence so you don't need to sell the house but still able to put down 20% down. However, if you decide to sell and I will suggest you to have an entrusted real estate advisor to help you to do a Comp analysis and order an apprasial and wallk you through from staging and maketing cause the competition that the sellers faced today are way more complicated than 2 years ago.

I already heard a couple stories that even the seller and buyers agreed on the final purchase price but the apprasial came back and short $20K and the seller had to reduce the price in order to close the property. So, right now is defintely a buyer's market and seller if you don't want to handle 2 properties and want to get rid the old house, had a realtor you can trust and sit down and explore all the options.

I recommends some of my trade up home buyers to rent their house instead of selling right the way if the rent can cover the monthly payment. But everyone is different and so talked to your entrusted real estate advisor and see which investment strategies work the best for you and your family.

Secondly,for those planning to downsize their home and you will defintely want to get rid the big house cause you like to save everything from annaul property tax, home insurance, utilities and I will recommend you sell the big one cause if your goal is to simply to save as much as possible.
You want to buy a smaller one and get the $6500 as a bonus from the government!
Of course, if you don't want to sell your big house but you know you are planning to sell it eventually and you may want to retain a property managment company to handle all the tenant showing, screening, eviction...e.t.c in case you want to wait until the market picks up.

I will share with you next time how the (3) Real Estate Investors can take advantage the home buyers credit....

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Closing postphoned by H1N1 Flu..

I had a closing last Friday and my buyers were able to get the loan processed and closed in 2.5 weeks! So, my buyer could close the house 2 weeks earlier than the scheduled closing. Anyway, when my buyer and I sat on the closing table and the closing attorney came in and told us the seller who already moved to another state forgot to sign the one of the documents and so we had to wait until Monday.

Today, I called the closing attorney office and want to find out if the seller signed the paper and Fedex to the closing attorney and the answer was the seller's son had H1N1 flu and cannot go out. My buyer need to wait a couple more days until the seller can go out and mail the paper back to the closing attorney. I know H1N1 is affecting all of us but this is the first time I felt the threat of H1N1.....
Hope all our fellow realtors eat well, stay healthy and prepare to fight the H1N1 attack....

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

First time home buyers credit $8000 extended by Senate and new $6500 credit..

If you are currently homeowners and owned your homes at least 5 years would be eligible for tax credits up to $6500. The credit is good for purchase your principal homes costing $800K or less and would be phased out if you made more than $125K or $225K for joint filers.

Senate voted on Wendesday to extend First-time homebuyers tax credits of and expand the tax credit to includebuyers who already own homes.

In my opinion, the home buyers credit extend to existing home owners defintely a good idea cause the $8000 credits actually helped a lot of my first time home buyers to pay for their closing cost and to digest most the starter homes and foreclosured homes inventories priced under $250K in our area. But we have a high inventories which are priced $315K or up and so I can see once the $6500 credit approved by the house and will have a positive impact and to reduce those range. But you will need to meet the time limit and income limit in order to get the $6500.

To qualify for the tax credit, you will need to sign a purchase agreement by April 30, 2010, and close by June 30, 2010. Anyway, it defintely a good news to a lot of existing home buyers and I can see a lot of my buyers will able to take advantage the $6500 tax credit and is defintely one step forward to stabilize the existing housing market! I can see the housing recovery is right at the corner....

Anyway, it is not final until it is passed by the House but will defintely keep you update and talk more how you can take advantage the $6500 credit if you want to trade up your current homes.

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Cary Got Talent and here is your chance!!!

CARY'S GOT TALENT AND THE TOWN OF CARY WANTS TO HEAR IT, AUDITIONS ON NOV. 12

If you know you have Talent and would like to share with other....here is your chance!!
Instrumentalist and/or singers are invited to audition to perform for the 2009 Holiday Tree Lighting Variety Show; auditions will be held on November 12 from 6-9 p.m. at the Page-Walker Arts & History Center, 119 Ambassador Loop. The tree lighting will be held on December 5, 2009. Call (919) 462-3862 or e-mail dawn.woody@townofcary.org to schedule an audition - all types of holiday performances will be considered.

PRIMARY CONTACTS:

Joy Ennis, Festivals Coordinator, (919) 462-3864

Dawn Woody, Program Assistant, (919) 462-3862

Susan Moran, Public Information Officer, (919) 460-4951

Wake County Public Libraries Annual 2009 Book Sale!!

If you like to read or you like to buy some good bargain books and you will not want to miss this annual Public Libraries' Booksale which offers 300,000 books at bargain prices. Only cash and checks are acceptable for payment. You are encouraged to bring hand trucks and/or push carts.
Where:1514 Garner Station Blvd., Raleigh, NC 27603 in the South Station Shopping Center.

For more information about the 2009 sale, email Dale Cousins at dale.cousins@wakegov.com
The 2008 Wake County Public Library Book Sale collected nearly $182,000 in revenue and you can tell how many book they sold last year....

Annual Home Show this week at Raleigh Convention Center Oct 30-Nov 1st

The Home Show is an event designed for homeowners in all stages of remodeling, landscaping and decorating their homes. Each event includes hundreds of exhibits with merchandise, sample interior and exterior vignettes, and product demonstrations. With a combination of new products and expert advice from the pros, the Home Show inspires homeowners with countless ideas on enhancing their home's comfort and functionality, as well as its aesthetic appeal and overall value.

You are invited to attend the Annual HOME SHOW at Raleigh Convention Center this Friday (11a.m. to 8p.m), Saturday (10a.m. to 8p.m) and Sunday (10-8p.m)

Admission: Adults $9 Under 16 Free

Please go to http://www.acshomeshow.com/ for more information

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)

Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com/
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Cary Raleigh won the 3rd Best Place to Start Business

Cary Raleigh won the 3rd Best Place to start Business!!

According to a new study by Fortune Small Business magazine and the Kauffman Foundation study ranks Cary Raleigh third best place among the nation's largest metropolitan areas to a start a business which published on October 13, 2009.

I Highlighted the KEY ELEMENTS...

The capital city of the Tar Heel state attracts entrepreneurs with its QUALITY FAMILY and HIGHLY EDUCATED WORKFORCE." says the profile.
HOUSING is another strength for Cary-Raleigh, according to the profile: "Housing is affordable compared to other parts of the country with comparably competitive technology markets, an advantage that attracts YOUNG PROFESSIONALS eager to start a family. So many of them have flocked to Raleigh bedroom communities like Cary.

The Fortune Small Business writeup on Cary-Raleigh also gives the area points for Research Triangle Park, a strong technology base and THREE MAJOR RESEARCH UNIVERSITIES - DUKE, NORTH CAROLINA and NORTH CAROLINA STATE

The rankings were compiled based on a number of economic and social metrics. Raleigh/Cary, for example, posted a small business growth rate of 12.5% compared with the "best places average" of 5.9 percent. The percentage of the population ages 25 through 34 with a Bachelor's degree was 43.4% compared with the "best places average' of 33.4 percent.

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

REDC Lender Foreclosure Public Home Auction on Oct 25 at Raleigh Convention Center

REDC Lender Foreclosured Public Home Auction on Oct 25 at Raleigh Convention Center

Date:Sunday Oct. 25, 2009
Time:Registration Starts at 11:30 a.m. Auction starts at 1:00 p.m
Location: Raleigh Convention Center - Meeting Rooms 306 A-C 500 Salisbury St, Raleigh, NC 27601

OPEN HOUSE: From 11AM to 4PM on 10/10/09, 10/17/09 & 10/18/09.
What to bring: Last 2 yrs W-2 - $2,500 Cashier's Check ($5,000 for each subsequent) - Checkbook for balance of 5% Earnest Money Deposit (15% for each subsequent)
Properties open for inspection from 11AM to 4PM on 10/10/09, 10/17/09 & 10/18/09. Please check individual property for specific open house information.
I attend last REDC Home auction in Raleigh Convention Center which there were almost 100 people. If you are going miss this one and I knew there are more upcoming auction or lender foreclosured home/condo in Raleigh area. If you are interested to know more about these auction details or buying foreclosure or short sale properties, please feel free to call me to discuss.

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

More Jobs coming to the Triangle RTP area & more good news!

If you are watching closely what is happening in the past couple weeks...you will find Research Triangle Park (RTP) is attracting more and more companies and families attention!!

According Triangle Business Journal
-Dallas-based ACS (NYSE: ACS) Affiliated Computer Services is hiring for about 150 positions at its Raleigh call center, the company announced Monday. ACS currently employs 2,600 in North Carolina, including about 2,300 in the Triangle.

-Stiefel laboratories was acquired by GlaxoSmithKline has announced it will shutter its 200-plus employee operation in Duluth, Ga and relocate to RTP next year and GSK employs about 4,000 people in its U.S. headquarters in Research Triangle Park.

- AAIPharma Inc a clinical research organization that was based in Wilmington, has changed its name to ZeeCRO and moved its corporate headquarters to Cary.

-Raleigh has the 28th lowest uninsured rate among the nation's 70 largest cities, according to new data from the U.S. Census Bureau with 16.73 percent of its population not covered by health insurance.

-North Carolina tied with Arizona and Washington as the sixth most popular states in the nation when it comes to where people want to live, according to a Harris Interactive poll.

-People in the Triangle made more money, with fewer living in poverty, last year despite the worst economic conditions in decades, according to data released Tuesday by the U.S. Census Bureau

Be honest with you, the list can keep longer and longer...and if you are still thinking is this a right place for your family, your business and your retirement???? Do your homework and come and see and you will find out yourself!! Of course, you will want to give me a call so you will not get lost cause we had so many new roads and shopping which your GPS may not able to recognise the address :)

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Do you know Raleigh-Durham has the most intelligent residents in US??

I just found out Raleigh-Durham-Chapel Hill has the most intelligent residents in the nation!!
According to The Daily Beast, Raleigh Durham is the smartest city in the nation!!! I am so thrilled cause I always know Triangle area is the Best place to raise family, to do business, to work, to retire, to invest..e.t.c

Metro Area Population: 1,578,527
Daily Beast IQ Score: 170

Raleigh-Durham has just about every intangible useful in attracting and developing a smart populace: It's a university hub, including two of the nation's elite schools (Duke and the University of North Carolina, Chapel Hill), and those schools led to one of the nation's great technology incubators (Research Triangle). On top of that, Raleigh, as the state's capital, attracts engaged political minds, as well. "We are fortunate to have great universities in Raleigh-Durham and great ‘smart' industries that enrich our community greatly," Raleigh Mayor Charles Meeker told The Daily Beast. Enrichment enough to top our list.
Congrats and this is the most meaningful award to Raleigh-Durham-Chapel Hill cause this is a confirmation to all the people who moved here that you made a very SMART decision!!

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Which bank has the best customer services in Triangle?

I spent my whole morning to deposit lots of check for my company, my clients, the closing attorney and my investors and so I went to Captial Bank, Bank Of America. Wachovia, Suntrust Bank and I felt I can share my thought with you.
I can tell you I enjoyed the most when I went to Capital Bank cause they always had fresh cookies and coffee and tea or even hot chocolate ready for you. They also offer 4.01% on my checking account which you cannot bet their rates and their services.
Then, I had to deposit the earnest money check in the attorney trust account at Wachovia bank, which they still offer bottle of water and chips.
I drove to the Suntrust and then Bank of America...I had to tell you that I love Capital Bank the Best not because their cookies and coffee. It is the philosophy behind their business to treat you like their friends...always made you feel welcome!

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Georgeous home with very open floorplan located in Prime Preston Location!! Spacious Front porch! Hardwds in foyer, dining & kitchen & plenty of windows! Dramatic 2 story FR, Huge Master Suite w/Sitting Area. Loft area upstairs great for office. Private Flat yard with large deck overlooks wood view & beautifully landscaped. Lots of Counter Space. Kitchen/brkfst w/ maple cabs, Many Upgrades: Newly painted exterior! Walk to Prestonwood C/Club. Close to Schools, Parks, RTP and everything!!

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Some Great News in Triangle that I would like to share....

-August Pending Home Sales Rise to 2.5 year High!
-Cary is the most affluent city in North Carolina and the median household income was $92000.
-EMC announced that they will hire 397 workers!
-Talecris raised $950,000,000 in their IPO!!
-415 Federal Grants have been awarded in the Triangle area valued at over $145,000,000. The biggest winners are UNC Chapel Hill and Duke!!
-Fidelity might lease 100,000 SF for their expanding.

Do you pay attention to any of these good news around you?? We are blessed to live in Cary, Raleigh, Morrisville, Chapel Hill, Durham and surrounding areas... We did not hurt as much as other areas cause we are so diversified and had very strong fundamentals. This is a place we called home and we rejoice when we heard these good news!!

If you are thinking to move, to retire, to invest, to relocate to North Carolina especially interested in Triangle area (Cary, Raleigh Apex, Morrisville, Chapel Hill, Durham, Holly Springs, Clayton, Garner) Please feel free to email or call me for any question.

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Nice 3brs 2.5 House in Cary For Rent $1150/1700sqft

Great Cary 3 br 2.5 baths house in convenient location. Quiet Cul-de-sac with partial Lake View. Great . Huge Fenced Backyard and close to everything!! Jan Availability!

Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)

Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

Beautiful 4 Bedrooms 2.5 Baths Houses in Cary For Rent! $1700/3247sqft

Nice 2 story home in Amberly For Rent! Huge FR and LR. Great Floorplan and plenty spaces to grow! Close to RTP, shopping, parks and moved in today in one of the most popular W. Cary neighborhood. Swimming Pool, Club House and fittness community. Move in Today!

Great Cary House with Great School in Popular Upchurch Farm Sub $1850/3008sqft

Beautiful 2 story home in Popular Upchurch Farm subdivision. Nice private yards and close to RTP, Park and Shopping! Great Layout and 1st floor office/ bedroom. Top Davis Dr Elem, Middle and Green Hope High! Dec availablility.

Beautiful 5 brs, 2.5 baths SF house in Raleigh For Sale/ Lease $189900/2560sqft/$1250month

Incredible 2 story home with master 1st floor. 2nd floor has 3 bedrooms and bonus (can be 4th bedroom) and nice loft area. New carpet in FR and new vinyl floor in hall bath! Great floorplan with lots of cabinets. Walk to shopping center, close to 540, parks and minutes to downtown Raleigh. Must See!!

Popular Summer Place subdivision in Raleigh and convenient to everything!! Please call 919-426-1854 or email at caryraleighrealty@yahoo.com for any question.

Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan