Local Market Update – November 2018

Triangle Housing Market on Steady Course The booming U.S. economy continues to prop up home sales and new listings in much of the nation, although housing affordability remains a concern. Historically, housing is still relatively affordable. Although Freddie Mac recently reported that the 30-year fixed rate is

Read more

Playhouse for Sale!

PSCP playhouse to be auctioned off to support Habitat for Humanity Peak, Swirles & Cavallito Properties proudly partnered with Habitat for Humanity to design and build a whimsical playhouse we’re calling “The Mad Hatter’s Tea Party!” Inspired by Alice in Wonderland and featuring the Cheshire Cat, Caterpillar

Read more

Local Market Update – October 2018

Market Balance Emerging If the last few months are an indication of the temperature of housing markets across the country, a period of relative calm can be expected during the last three months of the year. A trend of market balance is emerging as we approach the

Read more

Local Market Update – September 2018

Market Overview Some economy observers are pointing to 2018 as the final period in a long string of sentences touting several happy years of buyer demand and sales excitement for the housing industry. Although residential real estate should continue along a mostly positive line for the rest

Read more

Local Market Update – August 2018

Market Overview Rising home prices, higher interest rates and increased building material costs have pressured housing affordability to a ten-year low, according to the National Association of Home Builders. Keen market observers have been watching this situation take shape in the real estate market for quite some

Read more

Local Market Update – July 2018

Market Overview Housing price bubble chatter has increased this summer, as market observers attempt to predict the next residential real estate shift. It is too early to predict a change from higher prices and lower inventory, but the common markers that caused the last housing cooldown are

Read more

Local Market Update – June 2018

Market Overview Housing markets across the nation are most assuredly active this summer, and buyer competition is manifesting itself into several quick sales above asking price. While the strength of the U.S. economy has helped purchase offers pile up, the Fed recently increased the federal funds rate

Read more

Market Indicators – May 2018

Market Overview Just like last year at this time, prospective home buyers should expect a competitive housing market for the next several months. With payrolls trending upward and unemployment trending downward month after month in an extensive string of positive economic news, demand remains quite strong. Given

Read more

Market Indicators – April 2018

Market Overview Many sellers and builders are in a good position for financial gains, as the economy continues to favor putting existing homes on the market and building new homes for sale. We are finally beginning to see some upward movement in new listings after at least

Read more

PSCP Supports PORCH-Durham

Peak Swirles & Cavallito Properties is proud to continue its support of PORCH-Durham as a corporate sponsor in the effort to address childhood hunger. Through donations and grants, PORCH-Durham provides food to food-insecure students and families through programs such as BackPack Buddies, School and Community Pantries, and the

Read more
Page 1 of 612345...Last »