Marti Hampton

A new federal aid package that totaled over $159 million dollars was just recently approved, and it will be providing help to struggling home owners in the Triangle area and all of North Carolina. North Carolina is among one of five states in the nation that will be receiving money from an almost $600 million dollar aid pool which is intended to help prevent foreclosures on those who are unemployed.

In order to qualify for this federal money the state of North Carolina had to submit a plan to the U.S Department of Treasury indicating how the funds would be used. $115 million will be used to launch a new program that is similar to the existing state funded effort to provide mortgage payment help. The Housing Finance Agency is anticipating that this program will save 7,200 homes in North Carolina from foreclosure over the next three years. With the current plan that was approved, unemployed homeowners who qualify will be able to receive up to 24 months of mortgage payment assistance. However, for those living in higher unemployment counties there can be up to 36 months of mortgage payment assistance.

Many families who have found themselves ineligible for the current state’s mortgage project may now find they are eligible for this new program. The new program is intended to help needy families in North Carolina who have fallen into hard times by no fault of their own. Prior to receiving assistance the borrower’s mortgage history will be analyzed, and it will be determined if the existing mortgage would be affordable if the home owner found employment. This program will be available in October to 17 counties on a pilot launch basis, and expanded statewide in December.

If you are interested in buying a home in the Triangle area, now is the time to contact Marti Hampton and let her and her team at RE/MAX One Realty help you find a perfect home in Raleigh or the surrounding area.

In this real estate market, home buyers in the Triangle area are not the only ones searching for a great deal. Businesses are also trying to take advantage of great deals.

Inspire Pharmaceutical, based out of Durham, is one such company that is taking advantage of this competitive real estate market. The large pharmaceutical company that sells drugs to treat various ocular diseases will be moving its headquarters to Northwest Raleigh. Currently, the pharmaceutical company is renting a space in nearby Research Triangle Park, six miles from where their new location will be in Briar Creek. They plan to relocate there in January when their lease is up. The lease for the Briar Creek location will span seven years, and allows for Inspire Pharmaceutical to expand into additional space if needed.

Inspire Pharmaceutical will be the first one to occupy the 121,388 square-foot building space that was built in 2008 by American Asset Corporation. The developer reported that 550,000 square feet of office space located at the Briar Creek location will now be occupied, which is a 72% increase. Currently, Inspire Pharmaceutical is in the stages of experimenting with a drug to treat cystic fibrosis, and if successful will increase their employees.

More jobs keep opening in the Triangle area. Take advantage of a growing job market and make your move to relocate now. If you are interested in buying a home in the Triangle area, now is the time to contact Marti Hampton and let her and her team at RE/MAX One Realty help you find the perfect home.

In today's competitive Triangle real estate market, it is important when you are selling your home that it stands out above the rest. Many struggle to decide if they want to price their home high with the expectation that buyers will bargain them down in the end, or to price their home low enough to attract the attention of buyers from the get go.

The pricing of your home is an important decision and you must take into consideration the competition. Knowing the price of properties that recently sold in your neighborhood is also a good starting point. It can be difficult to price your home competitively if you know that you will be receiving less than you paid for it. It is essential though that those sellers be realistic in this difficult market.

Many experts tend to agree that pricing the home high with the idea of coming down later is a big mistake that sellers make. With the real estate market flooded with homes for sale, you want yours to stand out as a good value. First impressions are everything, and the amount of traffic your home gets in the first week it is on the market is five to seven times what it will get in the weeks that follow. If you lower the price of your home after a few weeks on the market you are likely to draw attention from a smaller audience than you did when you first listed the home.

If you are interested in selling a home in the Triangle area, now is the time to contact Marti Hampton and let her and her team at RE/MAX One Realty help you find a perfect home in Raleigh or the surrounding area.

At a time when we hear about all the foreclosures and distressed properties, it is hard to imagine there being a housing shortage in the future in the Triangle area and across the country. However, a report from the Massachusetts Institute of Technology feels that the large decrease in new-home construction that has happened over the past few years may lead to a housing shortage in the future.

It is hard to believe a housing shortage could exist in our near future at a time when the National Association of Realtors reported a total housing inventory increase of 2.5 % to 4 million homes in June. When you step back and look at the decreased number of new homes being built, however, it is easy to see how in the years to come there just might be a housing shortage, even in our Triangle area.

In 2005 when housing was at its peak, 2.1 million new houses were being built. The year 2006 noticed a drop in new houses to 1.81 million, and in 2007 only 1.34 million houses were built. The most drastic decrease can be seen in the year 2009 when there were only 550,000 new homes built. If the rate of new homes being built stays comparable with 2009, it is expected that by mid-2012 the regions where supply and demand are now balanced could see the impact of a housing shortage.

If you have considered moving, now is the time to jump right in and move to the Triangle area where the housing growth is one of the top in the state. There are many great deals to be had in the area. Contact Marti Hampton and her team at RE/MAX One Realty to help you find your dream home.

Scimetrika, a research company, is a small business here in the Durham area. Scimetrika mostly relies on government- public health contracts to run the small company, and is currently in the process of expanding their office space here in the area. This coming October the company will take over an additional office space in the Alexandria Technology Center which is located near Research Triangle Park. With the expansion of the new office space Scimetrika will now have almost 12,000 square feet, which is quite a jump from their current 3,500 square feet.

Scimetrika was founded in 2001, and currently conducts surveys of health care provider’s satisfaction scores for Medicare and Medicaid. Other studies done by the company include studying the effectiveness of carbon monoxide detectors, along with studies focusing on increasing access to childhood vaccinations and immunizations.

Revenue for the company is expected to more than double this year to $12 million as a result of contracts with the Center for Disease Control and Prevention. The good news for the Durham area is that new employees are being added as the company attracts new government contracts. The company feels that the Triangle area is the perfect ground to attract many qualified employees. Scimetrika also has offices in Atlanta and McLean , Va.

More jobs keep opening in the Triangle area. Take advantage of a growing job market and make your move to relocate now. If you are interested in buying a home in the Triangle area, now is the time to contact Marti Hampton and let her and her team at RE/MAX One Realty help you find the perfect home.