Timing the Market - Some Say It's Too Late!

Is Now a Good Time to Buy in Cary?

I hear this question often. The easy answer is Yes! But the best answer is, it depends. It depends on the buyers situation; how long they plan to live in the home, their price point, their ability to make improvements and other factors.

But as a general rule, looking only at historical data and considering the current state of the economy, Gary Keller (Keller Williams Founder and CEO) said it best this week #kwfr, "Buyers are going to look at rising interest rates and prices and think that there will be a better time to buy. The truth is, if they could time the market, they would have already bought.”

Why does he feel so strongly about this? Here is a pictograph that explains his reasoning. Even at 4% interest with current home prices, it already costs more to own a home now than it did in 1989. As rates and prices go up, it will become less affordable.

This is not to say that buyers have missed their opportunity already. There are still deals to be had. But, this is where "it depends" really comes into play. Buyer's need to evaluate all their options and work with a professional Realtor who will look out for their best interest, not just be out for a sale.

Finding the right home, at the right price and in the right condition is critical. Negotiating price, terms and conditions is key. Understanding your long term commitment and costs in home ownership is vital.

At the Don Johnson Real Estate Team, we work very closely with our home buyer clients to ensure that they are making the right move. We welcome the opportunity to meet with you to discuss your situation and how to approach the current local real estate market.

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Cary Homes for Sale - Search By Price Range

Cary Homes for Sale - Search By Price Range

Easily Research Cary Homes for Sale using our Customized Map Search Tool.  

Here are a few searches we have done for you.  You can start here and change any criteria to get exactly the search you want.  Then Save It and visit often to see what has come on the market, sold or had a price reduction.  Get email alerts too!

Cary Homes for Sale Under $125,000
Cary Homes for Sale $125,000 to $175,000
Cary Homes for Sale $175,000 to $225,000
Cary Homes for Sale $225,000 to $275,000
Cary Homes for Sale $275,000 to $325,000
Cary Homes for Sale $325,000 to $375,000
Cary Homes for Sale $375,000 to $425,000
Cary Homes for Sale $425,000 to $475,000
Cary Homes for Sale $475,000 to $600,000
Cary Homes for Sale $600,000 and Up

Give the Don Johnson Real Estate Team a call if you have any questions about a home you see or if you have questions about Cary Neighborhoods.  We are experts in the Cary, NC area and can help you make the right move.

Town of Cary, NC - Living, Working and Playing Here

Town of Cary, North Carolina

Situated in Western Wake County, NC, Cary has grown from a small town to a bustling suburb of Raleigh, the State Capitol. The Town of Cary still maintains its small town charm while providing residents with a safe, clean and well planned public system.
 

Residents of Cary appreciate the close proximity to RTP, RDU, Downtown Raleigh, all major highways (I40, I540, US 1), along with the convenience of shopping and recreational activities.

See what the locals think on City-Data.com

There are a wide variety of housing options in Cary ranging from Historic Downtown Cary to Golf and Country Clubs, master-planned communities and older, established neighborhoods. Don lives in Lochmere, where he owns property on the lake. Neighborhoods in Cary include Cameron Pond, Preston, Farmington Woods, MacGregor Downs, The Reserve, just to name a few.

 

See all homes for sale in Cary here.
 

Cary, and the Raleigh area, have consistently been ranked as a great places to live and work throughout the years. Some recent accolades include:

• 10 Real Estate Markets to Watch in 2012 - Inman News - Raleigh/Cary Ranked #1
• Gathering Strength: The Healthiest Markets for 2011 -Raleigh/Cary Ranked #1
• 2010 Money's List of Best American Small Cities Cary Ranked #23
• 2010 Cary Ranked #2 on Safest Cities List, Ranked 5th in 2009 and on the list for 12 consecutive years.
• 2010 Forbes Ten Markets Most Likely to Appreciate - Raleigh/Cary #1

Sign up here for our exclusive Market Snapshot where you can gather local market information, research property values, view school reports and much more. 
Whether you are buying or selling, Don Johnson's local market expertise, combined with his in-depth knowledge of building and construction and his analytical approaching to home valuation, you are sure to get the best price, terms and conditions.

The Don Johnson Real Estate Team is a full service real estate Team affiliated with Keller Williams Cary, NC. Don Johnson is a full-time Real Estate Broker, General Contractor, Licensed Home Inspector and a Licensed Appraiser.

Don Johnson Realty also offers professional staging services. We know what buyers are looking for in today's market and we help our clients make the best first impression possible - both on-line and in person. Sometimes it's not just about price! We don't push our clients to take the lowest price possible to sell their home. We help them make wise investments in cosmetic improvements that will impress buyers, not turn them away.

If you are considering Buying a home, Selling your home or investment property, or Investing in real estate in the Raleigh, Cary, NC area, give us a call today. We are ready to help you make the right move.

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For more Information about the Town of Cary, North Carolina homes for sale, community information, schools, housing, government links, property values, events, parks and recreation, neighborhoods, restaurants, shopping and transportation, Contact Us.