Lori Edwards's Blog Posts

Selling a Luxury Home? Here's Why Now is a Good Time

If you own a luxury house, you're in a stronger spot than most sellers right now. While much of the market has cooled, the high-end tier hasn't. Sale prices and buyer demand are both up. So if you

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Move-Up Buyers Are Choosing New Construction

At some point, a house that once felt perfect just… doesn’t anymore.Maybe you need more space.Maybe working from home turned your dining room into a permanent office.Maybe the layout

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Are Big Investors Really Buying Up All the Homes? Here’s the Truth.

It’s hard to scroll online lately without seeing some version of this claim:“Big investors are buying up all the homes.”And honestly, if you’re a homebuyer who’s lost

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How To Stretch Your Options, Not Your Budget

One of the biggest homebuying advantages you can give yourself today is surprisingly simple: a flexible wish list.Think of it like this. Your wish list and your budget are the guardrails of your

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Is the Housing Market Going to Crash? Here's What Experts Say

If you’ve seen headlines or social posts calling for a housing crash, it’s easy to wonder if home values are about to take a hit. But here’s the simple truth.The data doesn’t

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Why 50% of Homes are Selling for Under Asking and How to Avoid It

If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the

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Builder Incentives Reach 5-Year High

Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or

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What You Need To Know About Concessions

Now that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal. That's why almost half of homeowners are making some type of concession.

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Why Selling Without an Agent Can Cost You More Than You Think

Cutting out the agent might seem like a smart way to save when you sell your house. But here’s the hard truth.Last year, homes that sold with an agent went for almost 15% more than those that

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Why More Sellers Are Choosing To Move, Even With Today's Rates

It’s hard to let go of a 3% mortgage rate. There’s no question about it. It’s the main reason why so many homeowners have delayed their move in recent years. But here

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More Homes for Sale Isn't a Warning Sign - It's Your Buying Opportunity

Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.But the reality is, the data

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The Supply of Homes for Sale is Improving but Still Low

If you’ve been waiting for the housing market to give you a sign that it’s time to restart your home search – it just did. There are 28.5% more homes for sale right now than

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Does Your Current Home Fit Your Retirement Plans?

Retirement isn’t just a milestone. It's the beginning of something really special. After years of hard work, it’s finally time to slow down, explore new passions, and live life on your

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Rising Inventory Means This Spring Could Be Your Moment

Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and

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Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.”That’s because nationally, home

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The Secret to Selling this Spring: Start the Prep Work Now

Spring is the busiest season in the housing market. It’s the time of year when buyers are most active – that means it’s when homes sell faster and for top dollar. If you’ve

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Home Price Growth is Moderating - Here's Why That's Good for You

Over the past few years, home prices skyrocketed. That’s been frustrating for buyers, leaving many wondering if they’d ever get a shot at owning a home. But here’s some welcome:

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The Real Benefits of Buying a Home This Year

Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier,

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3 Reasons to Buy a Home Before Spring

Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the

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Expert Forecasts for the 2025 Housing Market

Wondering what’s in store for the housing market this year? And more specifically, what it all means for you if you plan to buy or sell a home? The best way to get that information is to lean

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Why More Sellers Are Hiring Real Estate Agents

Putting your house for sale on your own – often called “For Sale by Owner” or FSBO – might be on your mind. But you should know that it gets complicated very quickly,

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What's Motivating Homeowners to Move Right Now

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you

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Is a Fixer Upper Right for You?

Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems

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What to Expect From Mortgage Rates and Home Prices in 2025

Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your

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Two Reasons Why the Housing Market Won't Crash

You may have heard chatter recently about the economy and talk about a possible recession. It's no surprise that kind of noise gets some people worried about a housing market crash. Maybe you&rsquo

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Why Now's Not the Time to Take Your House Off the Market

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and

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Is Your House Priced Too High?

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different.But did you

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The Surprising Amount of Home Equity You've Gained over the Years

There are a number of reasons you may be thinking about selling your house. And as you weigh your options, you may find you’re unsure how you’re going to deal with

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How Mortgage Rate Changes Impact Your Homebuying Power

If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates

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Today's Biggest Housing Market Myths

Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s;

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The Biggest Mistakes Sellers are Making Right Now

The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing.And

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Mid-Year Housing Market Data for 6 Counties of the Triangle

Its July and the numbers are in for the last 6 months in our market. Scroll down to view MLS sales data from 6 Triangle counties: Wake, Durham, Orange, Chatham, Johnston and Harnett. ;

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Why Working with a Real Estate Professional is Crucial Right Now

Navigating the housing market can be tricky, especially these days. That's why having an experienced guide when buying or selling a home is so important. The market isn't exactly

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Housing Market Forecast: What's Ahead for the 2nd Half of 2024

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.Home Prices Are Expected To Climb ModeratelyHome prices

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How Do Climate Risks Affect Your Next Home?

Climate change is impacting where people buy homes. As the experts at the National Association of Realtors (NAR) explain:“Sixty-three percent of people who have moved since

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BRING on SUMMER RTIC Cooler Giveway

Bring on Summer and register to win this RTIC Soft Pack 20 cooler filled with:Sum Bum SunscreenRTIC Skinny Stainless KoozieBeach TowelSparklers and Pop-itsTopo-Chico Hard SeltzerClick HERE to

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What's Next for Home Prices and Mortgage Rates?

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re

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What's Motivating Your Move?

Thinking about selling your house? As you make your decision, consider what's pushing you to think about moving. A recent survey from Realtor.com looked into why people want

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Should I Wait for Mortgage Rates to Come Down Before I Move?

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some

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The Perks of Downsizing When You Retire

Some HighlightsIf you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.Smaller homes typically have lower energy and

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Why Overpricing Your House Can Cost You

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s

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Understanding the Recent NAR Settlement Concerning REALTOR Commissions

The news media this week has been fired up and their reporting of the recent lawsuit settlement concerning the National Association of REALTORS and commissions has been concerning. I've read

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The Benefits of Downsizing When You Retire

If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home

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Why There Won't Be a Recession That Tanks the Housing Market

There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the

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How Changing Mortgage Rates Impact You

Some HighlightsIf you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month.That

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Why Today's Housing Supply is a Sweet Spot for Sellers

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.An

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It's Time to Prepare Your Home for a Spring Listing

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it'll be

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Don't Let the Latest Home Price Headlines Confuse You

Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full

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Winning Plays for Buying a Home in Today's Market

Some HighlightsIn today's housing market, you can still come out on top if you have the right team and plan.To win when buying a home, you need to build your team, make strategic,

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Why Having Your Own Agent Matters When Buying New Construction

Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly

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3 Must-Do's When Selling Your House in 2024

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little

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The Top Benefits of Buying a Multi-Generational Home

Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy

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Key Terms Every Homebuyer Should Learn

Some HighlightsBuying a home is a big deal and can feel especially complicated if you don't know the terms used during the process.If you want to become a homeowner;

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2 Reasons Why Today's Mortgage Rate Trend is Good for Sellers

If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates

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Home Prices Forecast to Climb Over the Next 5 Years

Some HighlightsIf you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.Based on

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Avoid These Common Mistakes After Applying for a Mortgage

If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the

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The Perfect Home Could Be the One You Perfect After Buying

The Perfect Home Could Be the One You Perfect After BuyingThere’s no denying mortgage rates and home prices are higher now than they were last year and that’s

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Experts Project Home Prices Will Rise over the Next 5 Years

Experts Project Home Prices Will Rise over the Next 5 YearsEven with so much data showing home prices are actually rising in most of the country, there are still a lot of people who

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Home Prices Are Not Falling

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for

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Explaining Today's Low Housing Supply

Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in

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Expert Home Price Forecasts Revised Up for 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was

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Why You Need a True Expert in Today's Housing Market

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your

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Owning Your Home Helps You Build Wealth

Owning Your Home Helps You Build WealthYou may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to

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Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped OffComparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due

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