Ann Jacobi Brown

email Ann

919-960-6384

 

This Month:

Speaking of Real Estate

Featured Properties

And More... So Explore!


See An Interesting Home?

No need to wonder about the price. No need to call a high-pressure sales agent who will just make you feel obligated. I can send you the information quickly and easily, for any house, listed or sold, anywhere in the area.

Just ask me! It's all part of my free, no-obligation HomeFinder Service.

Leave the address on my voicemail, or email me, anytime, 24 hours a day, and I'll fax, mail or email all the information to you on that listing within 24 hours.

Ann Jacobi Brown

919-960-6384


 

Locally on the Web

Web Favorites

thesecret.tv - A New Era for Mankind

craigslist.com – online classifieds supercharged

zaadz.com – help make the world a better place to live

annualcreditreport.com Free Annual Credit Report

ofheo.gov - House Price Index

wunc.org - North Carolina Public Radio

indyweek.com Independent Weekly

ncartmuseum.org
NC Museum of Art

boothamphitheatre.com/ Cary's Regency Park

carolinatheatre.org/
Durham's Carolina Theatre

americandancefestival.org Durham's American Dance Festival

ci.carrboro.nc.us Carrboro Community Events

weaverstreetmarket.coop/
community
Community Events

chocvb.org/events/
Chapel Hill/Orange County Community Events

realtyann.com/
My own corner of the web.

Please share your suggestions with me at ann@realtyann.com.

 

Client of the Month

Congratulations to my
Client of the Month,

Rachel Combs

Rachel will receive a gift certificate to
The Wild Bird Center.

Call me at 919- 960-6384 to find out how you can become Client of the Month!

-- Ann Jacobi Brown

 

 

 

News You Can Use to Save Time & Money May & June 2008

How Does The World See You?

Few of us get the chance to know how the world really sees us. In Alfred’s case, his chance may have come through a case of mistaken identity.

Alfred worked with his father and brothers in their family-owned factory in St. Petersburg, Russia, producing land mines and other military equipment during the Crimean War (1853-1856). But once the war ended, the company went bankrupt and Alfred and his brothers had to search for new business ventures. Young Alfred began experimenting with a new substance called nitroglycerine and eventually invented dynamite – a product that changed warfare forever and made him a wealthy, powerful industrialist.

Alfred’s brother Ludvig died in 1888, and some newspaper editors inadvertently mistook him for Alfred and ran the headline, The Merchant Of Death Is Dead! Imagine what it would be like to pick up a newspaper and read a report of your own death, and realize that history was not going to be kind to you or acknowledge – in Alfred’s case – a lifetime of accomplishments that included writing dramatic works and poetry, fluency in five languages, and 355 patents for his other inventions.

But in his will, Alfred took a step that changed the way history remembers him. And now his last name is associated not with the invention of dynamite and Merchant Of Death, but with the creation of an award that honors men and women from all corners of the globe for outstanding achievements in physics, chemistry, medicine, literature, and the best-known award of all – the Nobel Prize for Peace.

How do you want to be remembered?

 

Joe's Garden Spot

In Support of Local Farms

Supporting local farms and farmers makes sense from a sustainability standpoint. Not only will we get local, fresh healthy foods and help local farmers survive, but also we will cut down on produce that has to come from a distance, utilizing petroleum and polluting our planet along the way. There are a number of ways to get involved in the local produce movement. Visit the Sustainable Agriculture Research and Education website: www.sare.org and the Carolina Farm Stewardship Association website for more information: www.carolinafarmstewards.org.

  1. Patronize restaurants that support local farmers
  2. Shop at stores that stock local produce
  3. Purchase from local farmers’ markets:
    SAT 7am-Noon, Carrboro Commons;

    8am-Noon, Southern Season parking lot, Hillsborough SunTrust parking lot, Durham Central Park;

    TUE 4-6pm, Fearrington Village;

    WED 3:30-6:30 p.m., Carrboro Commons, Durham Central Park;

    THU 4-7pm Southern Village on the green. www.carrborofarmersmarket.com; SouthEstesFarmersMarket.com; www.hillsboroughfarmersmarket.org; www.durhamfarmersmarket.com; www.fearrington.com/village/farmersmarket.asp
  4. Join a Community-Supported Agriculture (CSA) program – help support a local farm and share in the farm’s bounty http://www.nal.usda.gov/afsic/pubs/csa/csadef.shtml.
  5. Grow your own garden. www.thegardenhelper.com

 

Joe Brown (my husband) is a local landscaper (www.plantsportation.com) who has lived in the area for twenty years, and having grown up on a farm, knows plants inside and out. I have seen the wonderful landscapes that he has created for his clients, and have also seen him bring back plants from the dead! He is definitely a hands-on gardener. You can reach him at 919-929-0340 or by email joe@plantsportation.com.

 

A Cop on the Take

National Police Week is May 11-17 in the U.S. and Canada.

First he takes the oath. Here’s what else he takes:

He takes it in stride when people call him “pig.”

He takes his low paycheck, realizing he’ll never be rich.

He takes a second job sometimes to make ends meet and support his family.

He takes…time to stop and talk to children.

He takes your verbal abuse while giving you a ticket you really deserved.

He takes on creeps you would be afraid to even look at.

He takes time away from his family to keep you safe.

He takes your injured child to the hospital.

He takes the graveyard shift without complaint because it’s his turn.

He takes time to explain why both your headlights have to work.

He takes criminals to jail.

He takes in sights that would make you cry. Sometimes he cries too, but he takes it anyway because someone has to.

He takes time to explain to his family why he can’t make the ball game his child is in, and why he has to work on the holiday when other parents are off.

He takes his life into his hands daily.

Sometimes the takes a bullet.

And if he’s lucky… he takes retirement.

This piece is attributed to a Texas police officer whose brother and fellow officer died in the line of duty.

 

Tips To Save Time

Need more leisure time? These days that’s a pretty common problem and goal. We’re working more hours and spread pretty thin, but don’t despair. Here are a few time management tips that work well in both your business and personal life:

Use a daily planner. Electronic or paper, it doesn’t matter. Choose one that gives you at least one page per day, and then make sure you always keep it with you. Jot down your commitments as you go.

Get rid of your to-do list. Why? To-do lists often end up being frustrating and futile, something you never quite get to. Transfer the items on your to-do list to a particular time and day in your daily planner. You’ll be amazed at how much your stress level goes down and how much you accomplish when you do this.

Set aside a block of time to return phone calls and answer emails. Choosing early morning to do this is often best since the other person will have the rest of the day to respond. Of course, return urgent messages and phone calls in a timely manner.

When talking on the phone or in face-to-face conversations, give the other person your full attention. Don’t scroll through your email inbox or fill out your daily planner when you’re talking to someone. Make sure that your communication is clear and focused, which will reduce the need for clarification and other time-wasters in the future. Don’t multitask when you deal with people; it never pays off.

 

Riveted Waist Overalls

Mix together one immigrant from Bavaria, another from Latvia, the California Gold Rush, some copper rivets, and what do you get?

Blue jeans!

Our Bavarian immigrant was Loeb – later “Levi” – Strauss, born in 1829. He and some other family members emigrated to New York in 1847, and Levi went to work for his two older brothers in their wholesale dry goods business. In 1853 he headed for San Francisco and the California Gold Rush, where he established a dry goods business, Levi Strauss & Co., importing products such as clothing and bolts of fabrics which he then sold to other merchants. By his mid-30s, Levi was a prosperous businessman and a well-known figure in San Francisco.

Enter Jacob Davis, born Jacob Youphes, in Latvia in 1834. Jacob came to the U.S. in 1854, pursued a number of occupations in a number of cities, and by 1868 was living in Reno, Nevada, where he made products from cloth purchased from Levi Strauss & Co. Those products included clothing for miners such as “waist overalls” made from a fabric called serge de Nimes (de Nimes being the origin of the word denim). Jacob also made horse blankets, using copper rivets to attach straps to the blankets. One day he decided to try using those rivets on denim pants pockets to make the pants stronger and longer lasting. The idea was such a success that in 18 months he sold 200 pairs at $3 each, a significant amount of money in those days.

In 1872 Jacob wrote to Levi, telling him about these “riveted waist overalls” and inviting him to jointly apply for a patent for this new product. Levi agreed, the patent was approved on May 20, 1873 (considered the official birthday of blue jeans), and Jacob was hired to oversee the production of riveted pants at Levi’s San Francisco factory.

The use of the words “jeans” and “blue jeans” didn’t become popular until the 1960s when Baby Boomers adopted the terms for their favorite type of pants. Once considered appropriate only for laborers and cowboys, today blue jeans are seen everywhere from castles to the classroom, from the office to the opera.

 

How To Pick A Good Password

The Federal Trade Commission says you should avoid using the following information as your password for accessing your online accounts:

 

  • Your mother’s maiden name.
  • Your birth date.
  • The last four digits of your Social Security number.
  • Your phone number.
  • Your address.
  • A series of consecutive numbers.
  • A single word that would appear in a dictionary.

 

Your best bet for creating a strong password: Use combinations of at least eight to 12 letters, numbers and special characters. If possible, add capital letters in unusual places.

What Mom Taught Us

Mother’s Day is Sunday, May 11, and here’s a reminder of just a few of the things our moms taught us:

ANTICIPATION: “Just wait until your father gets home.”

LOGIC: “If you fall off that swing and break your neck, you’re not going to the store with me.”

MEDICAL SCIENCE: “If you don’t stop crossing your eyes, they’re going to freeze that way.”

THINK AHEAD: “If you don’t pass your spelling test, you’ll never get a good job.”

ESP: “Put your sweater on; don’t you think I know when you’re cold?”

RECEIVING: “You’re going to get it when we get home!”

BECOME AN ADULT: “If you don’t eat your vegetables, you’ll never grow up.”

WISDOM OF AGE: “When you get to be my age, you’ll understand.”

JUSTICE: “One day you’ll have kids, and then you’ll see what it’s like.”

 

Get Moving Again – Slowly

If you’ve been sedentary for a period of time and you want to get moving again, you’ll probably want to start slowly. Check with your physician for his or her recommendations, then consider these suggestions from the Department of Health and Human Services Centers for Disease Control and Prevention:

Pick a moderate-intensity activity that you like. You’re more likely to stay active if you enjoy the activity you set out for yourself.

Build activity time slowly. Adding a few minutes every few days or so until you reach the recommended activity time of 30 minutes ensures you won’t become overwhelmed.

Vary your activities so you don’t become bored. Boredom is one of the main reasons people stop exercising.

Make it a point to continually explore new physical activities, then add what you like to your routine.

Give yourself credit and reward yourself for your successes along the way.

Do You Watch Body Language?

Crossing your arms seems to be a worldwide body language symbol of defensiveness, according to communication and negotiation experts Gerard Nierenberg and Henry Calero in How to Read a Person Like a Book. Often, when people cross their arms during a conversation it can indicate that they’ve withdrawn from communicating and are locked into their position. While you can’t assume that someone’s body language indicates exactly what he or she is thinking, you can use it as a signal to pay attention to your own communication.

Think of the times when you’ve crossed your arms. When did you do it? Did it mean anything? When you’re engaged in conversation with someone and they cross their arms, do a mental checklist. Are you communicating in ways that are causing the person to shut down or feel defensive? Be honest with yourself, and do what you can to get the person to relax and communicate with you again.

 

Before You Get Angry…

Before the next time you get angry, consider this idea.

Whether the situation involves your child, spouse, colleague, boss, or another driver, when you’re angry, it’s probably not a good idea to make a decision until you’re past the initial stages of the emotion. This is a great way to avoid making decisions you could end up regretting, and you’ll garner respect for your position of non-reaction while you’re processing your feelings.

 

Apple Juice: Cloudy Or Clear?

When it comes to apple juice, researchers have found that the cloudy, murky-looking variety is four times healthier than the clear types, according to a study published in the Journal Of the Science of Food and Agriculture.

Researchers compared clear and cloudy juices and found cloudy juice contains four times the concentration of polyphenols. These compounds are associated with anti-cancer activity and are found in dark chocolate and red wine, as well.

In the marketplace, however, clear apple juice far outsells the cloudy varieties, likely because of a perception by consumers that the clear juices are more pure. However, the process of clarification to make the juice clear removes many of the compounds that provide the juice’s health benefits, which come mostly from the apple pulp.

A little girl, asked where her home was, replied, “where mother is.” – Keith L. Brooks

 

Mean Bosses Bring Out Our Worst

A study by the University of Florida has found that even the best employees can become negative and act out at work if they think their bosses are mean-spirited or have treated them with rudeness. That means gossiping, pilfering, backstabbing, and long lunch breaks can become the norm – even for those considered star or model employees.

University of Florida Management professor Timothy Judge says, “When employees feel they’re mistreated, they get even. If they think their supervisor is nasty toward them, they’ll find a way to restore that perceived level of injustice. Training supervisors to treat employees with respect is not something that costs employers a lot of money, and it can produce real dividends.”

Creative Cheating

Some students are using their powers of innovation in very creative, though unconstructive ways: to cheat. According to a recent article in Teacher Magazine, here are some of the methods:

  • Detaching the label on a water bottle, writing the answers on the inside of the label and then reattaching it, so that answers are visible during a test.
  • Text messaging answers to each other via cell phones.
  • Taking pictures of the test and then beaming them to their friends via cell phone.
  • Photographing notes so they’re available on their cell phones.
  • For multiple choice tests, a color of M&Ms is assigned a multiple choice letter. Then students line up M&Ms on their desks in the order of the answers so other students can see them.
  • Students record answers on their MP3 players, then listen to them during the test through earphones.
  • Students write notes or formulas on a sheet of paper with invisible ink, then use the pen’s ultraviolet flashlight to see what they’ve written.

 

Why Try?

Commit yourself to a dream. Nobody who tries to do something great but fails is a total failure. Why? Because he can always rest assured that he succeeded in life’s most important battle: He defeated the fear of trying.

– Robert H. Schuller

 

Never Get Discouraged

As a young man, Daniel Webster, who would eventually become a leading American statesman, was about to begin his study of the law. Well-meaning advisers suggested he not to go into the field, noting that it was already a crowded profession. Webster, however, replied, “There is room enough at the top!”

 

"Quotable"

 

"I would rather have my people laugh at my economies than weep for my extravagance."

– King Oscar II of Sweden

 

"If you cannot get rid of the family skeleton, you may as well make it dance."

– George Bernard Shaw

 

"I went to a restaurant that serves “breakfast at any time.” So I ordered French Toast during the Renaissance."

– Steven Wright

 

"There are two types of people in this world: Those who come into a room and say, “Well, here I am!” and those who come in and say, 'Ah, there you are!'”

– Frederick L. Collins

 

"True heroism is remarkably sober, very undramatic. It is not the urge to surpass all others at whatever cost, but the urge to serve others at whatever cost."

– Arthur Ashe

 

"We don’t like their sound. Groups of guitars are on their way out."

– Decca Records rejecting the Beatles, 1962

 

"Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night."

– Darryl Zanuck, head of 20 th-Century Fox, 1946

No Ties, Please!

Shopping for Father’s Day, Sunday, June 15? Well, according to an online survey by interactiveDad.com, nearly 30% of dads said a tie is their least favorite gift to receive. Other non-favorites? Twenty-one percent said cologne or aftershave; 16% said underwear; 15% said socks; 14% said power tools; and 13% said electronic gadgets.

So, what do dads want? An overwhelming 36% of dads said they want dinner out with their family as their Father’s Day gift.

Thanks, Honey!

No one would ever make light of the discomfort from a bee sting, or minimize the potentially fatal results of a bee sting to someone who’s allergic. Then there’s the problem of bee colonies coming to live in your attic, backyard tree or other location too close for comfort. Yes, sharing our space with bees is a challenge – and it’s also a blessing.

There are thousands of bee species, but the two we’re most familiar with are bumblebees and honeybees. It’s domesticated honeybees – and their pollination activity – that bring us one mouthful in three of the foods we eat, either directly or indirectly. Directly when we’re eating any of the 90 crops honeybees pollinate, from almonds and apples to cucumbers, oranges and zucchini; indirectly when our food comes from animals that consume crops dependent on honeybee pollination. Many of your favorite flowers also need bees to bloom, and don’t forget fragrant beeswax candles, and that sweet bee by-product: honey!

Honeybees tend to sting when the colony feels threatened or when you swat at or step on one. The U.S. Agricultural Research Service (ARS) suggests, “Generally, if you leave a bee alone, it will leave you alone.” If a colony has moved in too close for comfort, contact your city or county health service or a professional exterminator for advice – do not try to remove the colony yourself.

So, while it’s best to avoid all bees, it’s good to remember how meager our menus would be without them. And the next time you sink your teeth into a juicy, crunchy apple or a sweet, cold slice of watermelon, remember they’re brought to you by bees and say, “Thanks, honey!”

 

It’s Graduation Time

Here are some wise words for graduates from a commencement address given by bestselling author Anna Quindlen:

“You walk out of here this afternoon with only one thing no one else has. There will be hundreds of people out there with your same degree; there will be thousands of people doing what you want to do for a living. But you will be the only person alive who has sole custody of your life.”

Small Mistake – Big Problem

In today’s ever-punitive world of credit ratings, here’s a story of how something fairly insignificant can hurt your credit.

A customer who had a decent rating ordered a clock that cost $11.95 from an insert included with his department store credit card bill. He received the clock – but it quit working two days after later. The customer tried to reach someone right away at the toll-free number where he’d ordered the clock, but this time no one answered.

He decided that the department store should take some responsibility in the matter, and to not to pay his bill until everything was cleared up. Instead, the department store applied a $29 penalty fee to his credit card bill and reported him to the credit bureau for nonpayment. Good-bye, decent credit rating!

The account, it turned out, was managed by an entirely different company, which was indifferent as to whether the department store’s customers were satisfied.

 

The World Is Rich With Opportunity

Do you think that opportunity only knocks once? If you do, Richard Carlson, author of Don’t Worry – Make Money, says you’re buying into one of the most perpetuated myths in our culture.

Carlson argues that this kind of thinking inspires people to do things they really don’t want to do, and that it’s based on a “never enough to go around” mindset that just isn’t true. Thinking that it’s “now or never” often encourages bad decision making, he says. For example, you might take a job you don’t want or move to an area that doesn’t suit you.

The world we live in is rich with ever-increasing opportunity, says Carlson. The world is in need of creative people, and everyone has unique gifts and talents to offer. You just have to figure out how it’s going to work for you. There are thousands of jobs out there that you can do. There are thousands of business opportunities. But first you have to overcome your fears: the fear of not having enough, and the fear that you only get one shot and then it’s over.

It just isn’t so. Your life will be filled with great opportunities over and over again.

Dads Want More
"Kid Time"

According to CareerBuilder.com and CNN.com, 37% of working dads say they’d dump their jobs if their spouses or partners made enough money to support the family. Thirty-six percent said they’d take a pay cut to be able to spend more time with their kids. Here are some of the survey’s other findings:

24% of working dads feel work is negatively affecting their relationships with their kids.

48% reported missing at least one significant event in the past year of their child’s life because of work.

18% reported missing four or more significant events in their child’s life in the past year due to work.

27% of working dads say they spend more than 50 hours a week working. Eight percent reported working more than 60 hours per week.

25% of working dads say they spend less than one hour per day with their children. Forty-two percent say they spend less than two hours each day.

36% of dads say their companies do not offer flexible work arrangements for them.

 

How To Spot Bullying

Bullying among children is aggressive behavior that is intentional, and involves an imbalance of power or strength. It’s most often associated with school environments – on the playground, in the classroom, cafeteria, bathrooms and hallways, on the school bus – but in fact it happens anywhere children and youth gather. And it does happen anywhere – in rural, suburban, and urban communities, and among children of every income level, race, and geographic region. And bullying takes several forms: physical bullying (hitting and punching), verbal bullying (threats, teasing, name calling and rumor spreading), social isolation (shunning or leaving a child out on purpose), and cyberbullying (sending insulting messages by phone or computer).

Bullying has figured in school shootings and in many student suicides. Children who are bullied are more likely than other children to have lower self-esteem, as well as higher rates of depression, loneliness, and anxiety. They’re more likely to want to avoid attending school and have higher school absenteeism rates. Their physical health can be adversely affected now, and as adults they’re more likely to suffer from depression and low self-esteem. Bullied children can also grow up to become passive adults who tolerate their own children’s being bullied.

What are some possible warning signs that a child is being bullied? The child:

 

  • Comes home with torn, damaged, or missing pieces of clothing, books or other belongings.
  • Has few, if any, friends with whom he or she spends time.
  • Has unexplained bruises, cuts or scratches.
  • Has lost interest in school work or suddenly begins to do poorly in school.
  • Seems afraid of going to school, walking to and from school, riding the school bus, or taking part in organized activities with peers.
  • Appears sad, moody, teary or depressed when he or she comes home.

Bullying prevention requires a unified effort by school administrators, counselors, teachers, parents, and students, who need to feel safe letting their parents know they or a classmate is being bullied. Here are some Web sites with lots of practical, useful information about spotting and stopping bullying: http://www.stopbullyingnow.hrsa.gov; http://mentalhealth.samhsa.gov/15plus/ aboutbullying.asp; and http://www.tolerance.org.

On the Calendar

May 5 – American Dance Festival (June 5-July 19) Tickets go on sale - www.americandancefestival.org

MAY 6 – PRIMARY ELECTIONS  www.sboe.state.nc.us  PLEASE VOTE!!!!

June 7 – Skywatching Session, 9-11pm, Jordan Lake Ebenezer Church Recreation area

First Saturday of every month – Really Really Free Market, 2:30-5pm, Carrboro Town Commons. Bring something to share with your community—art, music, clothing, food, skills, furniture, wisdom, crafts, proposals, etc.

Every Sunday – Jazz Brunch & More, 11am-1pm, Weaver Street Market lawn (Carrboro) www.weaverstreetmarket.coop

Arts & Entertainment Calendar -  www.indyweek.com/gyrobase/Events?StartDate=All

 

Websites for Positive Change:

We all have to share the planet, and these may provide a good start.

www.wral.com/news/local/page/1948511/   Water conservation tips

www.energystar.gov   Energy-saving tips

www.nrdc.org   Ways to safeguard the earth’s resources

www.rmi.org   Reducing our dependence on fossil fuels 

www.ncwarn.org  Tackling climate change

www.water.org   Providing safe drinking water worldwide

 

Points To Ponder

What if there were no hypothetical questions?

If a parsley farmer is sued, can they garnish his wages?

Is there another word for “synonym”?

Where do forest rangers go to “get away from it all”?

What do you do when you see an endangered animal eating an endangered plant?

Would a fly without wings be called a “walk”?

If the police arrest a mime, do they tell him he has the right to remain silent?

Why do they put Braille on drive-through bank machines?

How do they get deer to cross the road only at those yellow road signs?

What was the best thing before sliced bread?

If you ate both pasta and antipasto, would you still be hungry?

If you try to fail, and succeed, which have you done?

Why is there an expiration date on sour cream?

 

 

Have You Seen The Secret?

Find out for yourself about The Secret. http://www.thesecret.tv/.

 

 

Website Discoveries:

www.naturalhandyman.com How-to-tips for around the house

www.ethicalmovers.org Prescreened movers

www.upack.com/moving-resources/checklist.asp Moving checklist

www.refdesk.com  Wonderful online information resource

www.cyndislist.com Genealogical web site links

www.disabilityinfo.gov Government information about disability issues

www.rinkworks.com/ brainfood Free puzzles to challenge the brain

www.smsync.com Smart Sync Software – for easy backup of important data

www.cutepdf.com Free software for quick conversion of files to PDF format

http://hes.lbl.gov/ Calculate energy use in your home and identify ways to save

www.google.com/alerts Notifications when you, your business or other topic of interest is mentioned on the Internet

www.mmiworld.com
/codelist.htm
Area codes

http://zip4.usps.com/zip4     Zip codes

www.symsys.com Distance between US cities

www.xe.com/uccForeign currency converter

www.wunderground.com
/severe.asp
Weather alerts

www.cfa.harvard.edu
/press/skyreport
Constellations, planets, etc.

www.bookspot.com/readinglists Reading suggestions for adults, teens, children

 

 

Ann's Real Estate Corner

All Real Estate is Local

 Just like politics, all real estate is local. We’ve all been hearing the national news about what’s happening with real estate values nationwide and the great increase in the foreclosure rate. I recently heard that foreclosures now account for one out of every 196 homes, or just over ½ of 1%. And while that certainly is a great increase, that means that 99.5% of homes are not in foreclosure. And the foreclosure rate here is less than the national average, so those bargain hunters looking for a foreclosure on every corner may be out of luck here. I would suggest looking in Florida or California, where the appreciation rates were skyrocketing over the past few years, and were simply not sustainable at that rate. It was inevitable that the prices would fall.

 

Because our appreciation has been slow, steady and sustainable, there doesn’t appear to be a “bubble” here. That being said, the national trends are affecting our market. When people moving here from other areas have a home to sell before they can purchase a home here, and their home isn’t selling, then our market stalls a bit as the properties here take longer to sell. And the numbers reflect that.

 

 

Orange County

Durham County

Chatham County

April

2007

2008

 

2007

2008

 

2007

2008

 

# Closed

149

103

-31%

388

277

-29%

79

57

-28.0%

Ave List Price

$325,534

$292,405

-10%

$198,837

$194,514

-2%

$327,207

$331,907

+1.4%

Avg. Sales Price

$322,385

$286,954

-11%

$195,087

$186,583

-4%

$321,938

$325,668

+1.2%

Sales/List Price

99%

98%

 

98%

96%

 

98%

98%

 

$/sq.ft.

$152

$151

 

$104

$100

 

$126

$132

 

DOM

92

96

 

97

91

 

119

126

 

Active listings

 

950

 

 

2182

 

 

668

 

Supply

 

9 months

 

 

8 months

 

 

12 months

 

 

What this information says to me is that it is a great time to buy! Mortgage rates are still historically low, rentals are up as buyers wait to sell their homes, and there are good values to be found. It really is a great time to purchase a first home or an investment property. Or you could rent your current home as you move up to a larger one. Now would be a great time for that!

 

As Warren Buffett recently was quoted as saying in an interview, “I always say you should get greedy when others are fearful and fearful when others are greedy.  But that’s too much to expect.  Of course, you shouldn’t get greedy when others get greedy and fearful when others get fearful.  At a minimum, try to stay away from that.”

 

Give me a call to get started on your wealth-building path today. I will put you in touch with a great lender who can let you know how best to make your finances work for you. And then we can find just the right property to meet your needs. It’s a great time to get started!

 

- AJB

 

Closeing Celebrations

John & Sylwia Stevens
(thanks Sheila Dempsey!)

 

 

 

 

 

 

 

Welcome

Please join me in welcoming some new faces to our Real Estate family!

 

Alan & Julia Robertson

Jamahal Singh

Millie Tan

Featured Listings

For more information about these listings call me at 919-960-6384, or view all listings in the area, at www.realtyann.com

 

115 Summerlin Dr.

Great neighborhood, new tile flooring, vanities, mirrors, light fixtures, carpet & paint. Large living room features fireplace & lots of natural light. Large dining room, kitchen breakfast area, lots of counter-space & cabinets. Hardwood trees & plenty of yard space. MLS #981354 NEW PRICE: $265,000.


1610 Dunn Place

Wonderful Biltmore Homes in Churton Grove. Large cul-de-sac lot. Hardwood floors, kitchen/breakfast area lead to bright sunroom. Master w/garden tub, sep shower, walk-in closet. Huge 3rd floor finished third floor. Large yard for garden/play. Neighborhood clubhouse, walking trails, pool, tennis. MLS #980963 NEW PRICE: $369,500.

413 Dairy Farm Dr.

Five bedrooms, 4 baths, 3642sf, built 2003. Immaculate spacious light, bright home has it all-formal living & dining, spacious kitchen & breakfast area open to large family room w/back staircase to open play area. Gracious open two-story entry foyer, downstairs office or guest room w/full bath nearby. Master suite has dry bar, garden tub, separate shower & huge walk-in closet. Beautiful deck overlooks large grassy back yard. MLS #981398 NEW PRICE: $387,500 includes Sportsplex membership!


 

2619 Meacham Rd. – 12+ Acres of Privacy

Well-built contemporary on private 12+ acre wooded lot in desirable Chapel Hill school district close to Chapel Hill, Carrboro & UNC with county taxes! Great family home for those who appreciate nature. Only 3 miles from new Carrboro High School. Pool, large rooms, lots of glass & built-ins, new tile floors, basement workshop. Possibility of subdividing. MLS #970031 NEW PRCE: $750,000.

 

 
 

Ann’s Home News is intended for entertainment purposes only. Credit is given to the authors of various articles that are reprinted when the original author is known. Any omission of credit to an author is purely unintentional and should not be construed as plagiarism or literary theft.

Copyright 2006 Ann Jacobi Brown. This information is solely advisory, and should not be substituted for medical, legal, financial or tax advice. Any and all decisions and actions must be done through the advice and counsel of a qualified physician, attorney, financial advisor and/or CPA. We cannot be held responsible for actions you may take without proper medical, financial, legal or tax advice.