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Meet Ryan and Stephanie
Welcome to your ultimate guides to real estate in Pittsboro, NC! We're Stephanie and Ryan, your trusted Pittsboro real estate agents. What sets us apart? A unique blend of local knowledge, psychological insight, and a tech-savvy approach that streamlines your home-buying or selling journey.
What Our People Say!
From the beginning to the closure of our journey in finding and purchasing our new home, we were more than pleased with the care, effort and support Ryan and Stephanie extended to us. It always felt like we had family by our side that was looking out for our best interest. We cannot thank them enough and am so glad they were our realtors. I strongly recommend this knowledgeable, attentive, skilled, and thoughtful team for your real estate negotiations.
Robert Queen
If you are looking for a professional and personable real estate team, I highly recommend Triangle Real Estate Journal. Ryan and Stephanie went beyond our expectations to help find our dream home and were there each step through the process looking out for our best interests. Their knowledge and experience made our home purchasing experience enjoyable and easy. They kept us informed and were always available to assist. This team is truly amazing and the very best realtors!
Debbie Queen
Triangle NC Real Estate Blog
Discover NoVi: Chatham Park's Newest Neighborhood in North Village
Discover NoVi: Chatham Park's Newest Neighborhood in North Village
NoVi is the newest and second-largest neighborhood in the North Village of Chatham Park, introducing over 600 planned homes to Pittsboro, NC. Located north of Highway 64, NoVi brings a fresh and exciting addition to Chatham Park, with a mix of single-family homes, cottages, villas, and townhomes crafted by renowned builders such as David Weekley Homes, Homes by Dickerson, Garman Homes, and Tri Pointe Homes. This vibrant neighborhood is adjacent to the highly anticipated Chatham Park YMCA, a state-of-the-art facility set to open in late 2024, which will serve as a hub for fitness, wellness, and community programs. While The Vineyards at Chatham Park anchors the southern side of Highway 64, NoVi will create its own distinct identity on the northern side, designed to cater to homeowners seeking a connected and active lifestyle. Recreational amenities planned for NoVi include a soccer field with lights for nighttime play and additional parks, ensuring residents have ample opportunities to enjoy outdoor activities close to home. Adding to the excitement, there are rumors that Toll Brothers may build three-story townhomes in NoVi, potentially located between the Encore neighborhood and the vibrant Penguin Place and Mosaic districts. If true, these homes would offer a more urban-style living option, perfect for those who value proximity to shopping, dining, and entertainment. NoVi will also be adjacent to Asteria, the innovative Disney-branded neighborhood, adding another layer of uniqueness and charm. With sales anticipated to begin in Spring 2025, NoVi is set to become one of Pittsboro’s most dynamic communities. Whether you’re looking for a home in a thriving neighborhood or a lifestyle centered around connection, convenience, and recreation, NoVi offers something for everyone. Stay tuned for updates on this exciting addition to Chatham Park!
MOREOctober 2024 Chatham County Real Estate Market Update: Demand Strong Despite Low Inventory
October 2024 Chatham County Real Estate Market Update: Demand Strong Despite Low Inventory
The data is in from October’s home sales in Chatham County, NC, revealing an intriguing picture of our local real estate market. With the recent presidential election behind us and the Federal Reserve’s 0.25% rate cut announced yesterday, the Chatham County real estate landscape is primed for unique trends as we approach the end of 2024. October’s statistics highlight strong buyer interest and a limited number of homes for sale, creating specific opportunities for both buyers and sellers. Chatham County Housing Market Overview Median SalesPrice: $650,000, a slight increase of 0.8% from October 2023 Closed Sales: 87, a minor increase of 1.2% compared to October 2023 Median Days on Market: 29 days, up 48.7% from last October Active Inventory: 273 homes, down 17.3% from October 2023 Median Sold Price per Sq Ft: $254, a slight decrease of 0.4% compared to last year New Listings: 110, a 6% decrease from October 2023 Home Affordability Index: 55.5, showing a 7.8% improvement over last year Buyer Demand Persists Amid Lower Inventory in Chatham County Despite active inventory dropping by 17.3%, October 2024 saw a 1.2% increase in closed sales compared to October 2023. This strong buyer demand, even with fewer homes for sale, suggests that Chatham County real estate continues to attract serious buyers, creating a competitive environment despite the limited options available. Homes Taking Longer to Sell One notable shift in October 2024’s data is the increase in median days on market, now at 29 days—a jump of nearly 49% compared to October 2023. This indicates that while buyers are still active, they may be more selective or cautious with limited options, resulting in longer listing times. Sellers may need to be prepared for slightly extended timelines to secure the right buyer in today’s market. How the Fed’s Rate Cut May Impact Chatham County Mortgage Rates With the Federal Reserve’s recent 0.25% rate cut, we could see an effect on mortgage rates, potentially bringing them down further. For Chatham County home sales, this could lead to renewed interest as buyers take advantage of improved borrowing conditions. Lower mortgage rates could increase affordability and purchasing power, potentially drawing more buyers into the market as we move forward. Stable Prices in the Chatham County Market October 2024’s median sales price of $650,000 represents a slight 0.8% increase from October 2023. This stability indicates a balanced market where steady demand helps sustain property values without significant price jumps. For buyers, stable prices mean manageable expectations, while sellers benefit from a consistent market value. Fewer New Listings: Chatham County’s Inventory Crunch October’s data shows a 6% decrease in new listings compared to last year, indicating that Chatham County’s inventory shortage may persist into the coming months. Fewer new homes coming on the market intensifies competition, especially if mortgage rates drop. For sellers, this lower inventory means fewer competing listings, giving them a favorable position to attract buyer interest. Improving Affordability in Chatham County The home affordability index is up by 7.8% from October 2023, providing a slight boost for buyers. With the potential for mortgage rates to decrease following the Fed’s recent rate cut, this affordability improvement could benefit new buyers in Chatham County, making homeownership a bit more accessible in the area. Key Takeaways for Buyers and Sellers in Chatham County For Buyers: Reduced inventory and sustained demand mean preparation is essential. With homes staying on the market a bit longer, you may have room to negotiate, but it’s still critical to act decisively, especially if mortgage rates dip further and bring additional competition. For Sellers: Chatham County’s conditions favor well-presented listings. Reduced competition from other properties and steady demand could make this an ideal time to sell, particularly with potential increases in buyer activity following the Fed’s recent rate adjustment. Looking Ahead: What’s Next for Chatham County Home Sales? With the Fed’s recent rate cut and the presidential election settled, Chatham County’s real estate market may see increased activity in the coming months. October’s data shows a market driven by demand, with limited supply. As we close out 2024, these dynamics could create valuable opportunities for buyers and sellers alike. If you’re looking to buy or sell a home in Chatham County, NC, now is a great time to explore your options. With nearly 20 years of experience in Triangle real estate, we’re here to guide you through this dynamic market. Text Ryan and Stephanie at 📱(919) 724-7010 for expert insights and personalized support! Search Chatham Homes
MOREExplore Chatham County Real Estate Trends Using Our Market Snapshot Tool
Explore Chatham County Real Estate Trends Using Our Market Snapshot Tool
Understanding Chatham County Real Estate Trends and Market Snapshot Tool Chatham County’s real estate market is always evolving, and staying on top of these trends canmake a big difference for buyers and sellers. Recently, the market data showed that the busiest period this year was from April through July, with both average sold prices and the number of homes sold peaking during these months. This aligns with the typical trend of spring being the most active season for real estate, as families look to settle in before the school year starts. As we moved into late summer and early fall, we noticed a slight cooling in both prices and sales numbers—typical for the season. This period presents a great opportunity for buyers to negotiate better terms, as fewer buyers are in the market, and sellers may be more flexible. Explore Market Trends in Your Area with Our Tool If you're curious about the trends in Chatham County or even a specific neighborhood, our Market Snapshot Tool can help. You can easily explore key real estate metrics like average sold prices, inventory levels, and more. Whether you're a buyer, seller, or just interested in market trends, our tool can provide valuable insights. Visit our market snapshot tool here to explore what's happening in your area. It's a great way to get localized data that can help you make informed decisions, whether you’re thinking about buying, selling, or just keeping an eye on the market. Final Thoughts For Chatham County home sellers, Spring may bring the most competition, but Fall can still be an excellent time to sell with less stress. Buyers can use this quieter period to explore the market and find opportunities. Ready to get started? Reach out to us or use our Market Snapshot Tool to dive into the data today! Explore Market Trends Contact Us
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