Michael Cunningham's Blog Posts

Homes Still Selling Fast

It's been a recurring theme over the past few years. "Blink and you'll miss it" - and even though we're out of the busiest time of the year for most sellers, homes are still selling quickly - with

Read More

Waiting To Sell Your Home Might Not Be Best

One thing you'll hear from us real estate agents who are hungry to sell your home is 'SELL IN SPRING. HOT MARKET. SELL SELL SELL!" Generally, it's a good rule of thumb - the spring real estate

Read More

Crossing The Finish Line

You've picked an agent, put your home on the market, and gotten it under contract.  Now what?   Being "under contract" actually describes two different phases.  The first is the

Read More

Offers And Negotiations And Contracts Oh My

The next two steps on our Wheel O'Real Estate are the quickest, but also the most important. Offers and Negotiation and Going Under Contract. These are also the most varied steps. The nature of real

Read More

Staging Your Home

Yesterday I spoke about picking a listing agent (ahem) and determining the right listing price.  Today, I'm focusing on the next step in selling your home: Staging.  I've

Read More

Pricing Your Home And Picking An Agent

Selling your home is a big deal. It's your largest asset, and it takes more effort than just putting an ad on Craigslist and hoping your "Zestimate" is accurate (spoiler alert: it isn't). The

Read More

Be Glad Its Not 1980

Carter was on his way out.  Reagan was on his way in.  Disco was (inexplicably) still holding on.  Your's truely was crawling around in diapers.  Oh, and interest rates were

Read More

Is It Staging Or Decorating

Once you've decided to put your home on the market, you're looking to sell quickly for the best possible price. One tactic that can help sell your home faster is staging. At first, staging may seem

Read More

Briar Chapel June Real Estate Update

Last month 4,191 homes closed in the Triangle region, that's down 2% from last year as rising prices and rising interest rates *slightly* cool an otherwise hot market. Let's see how Briar Chapel,

Read More

WHAT AFFECTS PROPERTY VALUES

Some the features that increase property values are obvious-like a remodeled bathroom, a modern kitchen, or a sought-after neighborhood. But here are a few features and circumstances you have not

Read More

Are We Heading For A Bubble

Now that I got you to click on the link, I can tell you:  No.  Well, rather, I don't think so.  I can't predict the future.  What I can do is look at the historical trends and

Read More

HIDDEN HOMEOWNER COSTS

Budgeting for buying a home can be difficult enough when you're just weighing mortgage options and a purchase price. But there are many other factors that go into the cost of home ownership. Some of

Read More

Feds Raise Rates Again

Like last March, the Federal Reserve has approved another .25% rate hike.  What does that mean for mortgage rates?  It's hard to tell at this point.   Average interest rates for a 30

Read More

Spring Market By The Numbers

While we might have a couple of weeks left before summer officially hits - the spring market wrapped up at then of may.  How did we do compared to 2016?   2017 Number of

Read More

Cost Effective Remodeling Tips

If you've been thinking about selling your home, it might be time to start considering a little polish and new paint in order to get top dollar and a quicker sale.  Here are some thing you can

Read More

Home Seller Update For Spring 2017

Currently there's a perfect storm that's making THIS the best time in years to sell your home.1.  Interest rates rose sharply after the election but have since stabilized.  This had the

Read More

What Does Months Of Inventory Mean

Month of Inventorymən(t)ths \əv \ˈin-vən-ˌtȯr-ē\nounIn real estate terminology, "months of inventory" means "at the current rate of sales, if no new homes hit the market, this is how long it

Read More

April Was A Hot Month

Traditionally, April is the busiest month for contracts in most of the region.  How busy was last month?  Let's look! April 2017 Contracts April 2016

Read More

The Biggest For 500K

Where can you get the most bang for your buck?  If you're looking for new homes for $500,000 - these are the biggest ones around! Address

Read More

Domicile Is A 2017 Business Excellence Award Finalist

You Love Us!  You Really Love Us!Domicile Realty is happy to announce that we have been nominated for the 2017 BEA Awards for Best Real Estate Agency! Help us win our category this year by

Read More

Millennials Are Entering The Market

Timing-wise, the millennials drew the short straw when it came to real estate.  Born between 1980(ish) and the mid 90s, this generation of homebuyers would have been 28 when the housing market

Read More

DONT ONLY USE ZILLOW SAYS ZILLOWS CEO

To us Real Estate Brokers - Zillow has grown from simple website, to competitor, to a 500 pound gorilla in just the past couple of years. While Zillow does provide some great tools to estimate

Read More

A Look Back At Triangle Development From Above

I'll fess up, I'm a map geek, and a history nerd. Luckily a new tool from Google combines the two and lets you watch a time lapse of historical satellite imagery.Below is North Chatham County

Read More

Pricing Your Home

There are a ton of variables that determine what your home is actually worth, but as a Realtor, I focus on four primary factors when evaluating a listing price. 1. Location "Location,

Read More

A Flipping Fantastic Flipping Market

Thanks to HGTV (and upwards real estate trends), flipping is becoming a popular way for people looking to cash in on a hot housing market.  Flipping - or the process of buying a distressed,

Read More

The Best Loan For You

If you're going to make 2017 the year you buy a home, one of the first things you're going to do is figure out how you're going to pay for it.  If some wealthy great-grandfather left you bags

Read More

5 Questions To Ask Any Listing Agent

If you're thinking about selling your home in during the spring market, you'll probably going to want to interview agents - and not all are created equal.   Besides finding someone who

Read More

Just When Is The Spring Market

If you ask a metrologist, they'll tell you spring is March, April, and May.  If you ask an astronomer, they'll say it starts between March 19 and March 21 and lasts until June 21st ish.(This

Read More

The Supply Problem In Chapel Hill

An article this week on Chapelboro.com discussed how supply and demand affects home prices in Chapel Hill.  Seeing as how there is some debate on the matter, I thought I would give

Read More

HOW MUCH IS YOUR HOME WORTH

There are a ton of variables that determine what your home is actually worth, but as a Realtor, I focus on four primary factors when evaluating a listing price.Location"Location, location, location"

Read More

NEW CONSTRUCTION VS RESALE

It's a debate that's been going on since home building became the "housing industry."  Should your next home be brand new or a resale?It all depends on what you're looking for, as they

Read More

INTEREST RATE 101

For those of you who have never purchased a home before, the term "interest rate" can sometimes make your eyes glaze over.  Not to worry!  I'm here to explain what this portion of your

Read More

FOR SALE BY OWNER

It might seem like a good way to save that commission, but chances are you'll end up getting more money in the long run by listing with a real estate brokerage like Domicile Realty.According to the

Read More

Future Chapel Hill And Pittsboro Developments

Two massive developments could possibly reshape both Chapel Hill and Pittsboro, but could they also reshape your bottom line if you want to sell your home?  Yes.First, a little Real Estate: &

Read More

The Future Of Chatham Park

As a Realtor here in Chatham County, this mega-project is something that I've been following for a while, and now there's finally a timeline!  And maps!  And renderings!  Cary's

Read More