Our Market Is Improving by Leaps and Bounds

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The latest market report for Greensboro is in, and today we’ll be looking at the latest numbers for our real estate market and comparing them with what we saw at this point last year. Let’s get to it.

The third quarter of 2015 saw 1,845 closed units in Greensboro, a 15.74% increase from the third quarter of 2014. More good news for sellers is that the average list-to-sale percentage rose from 91.2% in 2014 to 93.7% today.

The average days on market rose slightly, from 134 to 138 and the average sale price rose 2.53%, from $182,894 to $187,513.

The year-to-date numbers are also encouraging. The number of closed units is up 12.5% from this time last year, and units pending are up 17.3%. The year-to-date list-to-sale average is right around 93.5%.

If you have any questions for us, or if you’re thinking of buying or selling, give us a call or send us an email. We would love to help out in any way possible!

Season's Greetings from Team Leung

Looking to buy a Greensboro home? Search all homes for sale 

Selling your Greensboro home? Get a FREE home value report

Today we just have a very simple message for you. It's not about real estate, interest rates, or how to sell your home for top dollar.

We just want to wish you a Merry Christmas and a Happy New Year! No matter how you celebrate during the holidays, we wish you well.

Thank you for all of your business and referrals in 2015, and we promise to make 2016 another great year!

If you have any questions for us at any time, don’t hesitate to give us a call or send us an email. We are always here to serve!

The Benefits of Getting a Home Warranty in Greensboro

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Selling your Greensboro home? Get a FREE home value report

Why should a seller consider a home warranty? Today, Robbie Rivardo from 2-10 Home Buyers Warranty is here to discuss just that. 

First off, what is a home warranty? A home warranty provides coverage for unexpected breakdowns. Having a home warranty means we will repair or replace systems or items that have broken in the home, saving you thousands of dollars. 

How much does a home warranty cost for the seller? During the listing period, the home warranty is complimentary for the seller. You owe nothing. The home warranty then transfers to the buyer for a whole year, and that's when it's paid for. Since the home warranty is only paid for at closing, it's like getting two years of coverage for one price. A seller gets free coverage while the home is listed. 

If a seller makes a claim on the warranty during the listing period and for some reason the warranty doesn't transfer to the buyer, will the seller have to pay for the warranty? No, the seller will not have to pay anything. The warranty will simply expire if it is not transferred. 

Are there any other advantages to getting a home warranty as a seller? When you advertise that you have a home warranty, your property has an edge over the other homes on the market. Statistics show that homes sell 23 days faster with warranties, and they sell for more money than homes without warranties.

What should a seller consider when looking for a home warranty company? Look at the company's longevity in the market. Our company has been in business for 35 years. Look for a local company so you can build a relationship with them. Local home warranty companies will also be able to put you in touch with great local service providers. Also, having a good relationship with your home warranty provider can make the claim process easier.

If you have any questions for Robbie, you can contact her by phone at 336-324-9389, or email her at rrivardo@2-10.com. As always, if you have any questions for me, give me a call or send me an email. We would be happy to help you!