Chapel Hill NC Real Estate

The Chapel Hill Downtown Partnership, local farmers and the Town’s Parks and Recreation Department are working to establish an afternoon farmers’ market on top of the Wallace Parking Deck this spring. Organizers say the proposed market, which would follow the models of farmers’ markets in Carrboro, Hillsborough and Fearrington Village, would support the partnership’s goal of increasing downtown traffic. In addition to the fresh produce, flowers, meats and other farmers’ market products to be sold, organizers are also considering featuring live music and entertainment, as well as offering downtown business and restaurants the opportunity to sell their products.

The Orange County Board of Commissioners recently voted unanimously to put a 0.4 percent land transfer tax on the May primary ballot. Dozens of people at the meeting spoke in opposition to to the transfer tax.   tax. The other revenue option being considered by the Commissioners was a 0.25 percent sales tax increase. According to a poll recently conducted for the County, when asked which tax they would support, 48 percent of respondents said they would support the sales tax compared to only 32 percent for the transfer tax. Nevertheless, the Commissioners placed only the transfer tax on the ballot. It is important to note that the transfer tax is fee placed on home sellers.  Sellers already pay a transfer tax of $2/$1000 of the purchase price.  This measure could increase that tax to as much as $6/$1000 of the purchase price.  Realtors in the area are opposed to this tax because we feel the County needs to do a better job of increasing the commercial tax base rather than placing further tax burden on home sellers.

The Census Bureau released its annual population growth estimates last Thursday for counties nationwide. Wake County led the Triangle in 2007 adding 38,841 people. Orange County, the home of Chapel Hill and Carrboro, while still growing, had the slowest overall growth.  The jump in Wake County made it the seventh fastest growing county in the nation for 2007. Over the past seven years, Wake County added 832,970 residents, putting it on pace to become North Carolina’s largest county very soon compared with Orange County which added 124,313 . See the list below for other Triangle county growth figures.

Population Growth Between 2000-2007 (Percent)

Durham    256,500     14.9

Orange     124,313     7.6

Chatham   61,455      24.6

Johnston   157,437   29.2

Wake         832,970   34

 The total population for the Triangle is 1,400,000, which represents a 34% growth since 2000.

Welcome to ChapelHillNCRealestateRealtor.com and hope you are enjoying the spring-like weather. It is time to “spring clean” your homes and get them ready to sell. You will be in the capable hands of Jodi Bakst as you jump start your way into that new “dream home” you have been waiting for. It is the time of year that the failing economy can only be “springing” back! Take advantage of it and don’t miss the incredible deals that will be starting to happen within the next few weeks. ChapelHillNCRealestateRealtor.com is all about great deals, get updates about the over-all state of the Real Estate maxim here. In reality, real estate can only get better. It is time to carefully monitor shifts in thinking, evaluate innovation and track existing real estate trends.

It seems that every decade or so a year comes by that really defines a period in our industry – only history will or will not view 2008 as such a year. However, as we stand here at the end of 2007 and the beginning of 2008, it seems we are in a period of time that is destined to be landmark years. So let TeamJodi.com and Jodi Bakst help you achieve your goal and be the perfect stepping stone along your path!

As you consider buying a home in the state of North Carolina, in areas such as Chapel Hill, Durham, and Orange County, look at criteria such as location, design, size, and pricing. We are all different and have our own special needs.

You will also have many questions such as:

• Can I afford my “dream home“?
• Where will I get my mortgage?
• What is my credit like right now?

Each of these questions, and more, will be happily answered through knowledge of the market so that you can receive answers for all of your questions efficiently.

Now, if you are in need to sell your home in the Chapel Hill NC, Durham, or Orange County North Carolina area, it is obvious that you will want the best possible deal. You need help to decide what needs to be done to your home to get it in the best possible shape for it to sell and sell quickly.

Is it a buyers or sellers market in the Chapel Hill NC area? The market conditions will play a crucial role in determining the asking price. Because market conditions change constantly, it is important that you get solid advice from an agent or Realtor who is familiar with North Carolina and surrounding areas Real Estate market.

Knowledge and experience are the keys to look for in a successful real estate agents business. So, in order to provide you with the best, over-all experience, find someone who is committed 100% to your cause.

Choose a reliable agent or Realtor to help you with your Real Estate needs in Chapel Hill, Durham, or Orange County North Carolina area and make your home buying or selling a fulfilling experience. Take the stress out of the total real estate experience and let experience work for you.

If you would like to learn more about Jodi Bakst and Chapel Hill North Carolina real estate simply visit TeamJodi.com.