By Lisa Sullivan, Digital Media Marketing Director

The weather is FINALLY warming up in the Triangle and most of the pollen is gone. It’s that time of the season when many of our Triangle communities host events and this weekend seems to have a plethora of them. Whether you are a mythical arts enthusiast, a lover of the arts and bluegrass, a connoisseur of beer, or just want to grab buckets of strawberries for baking, freezing, and eating, there’s an event for you this weekend somewhere in Raleigh, Durham, Chapel Hill and surrounding communities.

The 5th Annual Pretty In Pink Benefit Concert – Cary, NC

Cary’s General Assembly Chorus together with a couple of local A Capella groups will be performing a medley of songs and hits all to benefit the Pretty In Pink Foundation on Saturday night, April 26th at The Cary Arts Center. Proceeds from this evening of entertainment will go to benefit the organization as it works to provide resources and care for those diagnosed with Breast Cancer who do not have health insurance to get the treatment they need. It’s a worthy cause and a fun evening to boot. A win-WIN in our book!

The 3rd Annual Festival of Legends – Chapel Hill, NC

This weekend marks the 3rd Annual Festival of Legends, a festival like no other that celebrates the creativity sparked from imagination. There will be magicians, acrobats, artists, comedians, even knights on horseback, all in good fun for the whole family. Held at Storybrook Farm in Chapel Hill this annual festival brings hundreds together to “step into a place of wonder”. For more information, follow The Festival of Legends on Facebook.

The Art of Cool Music Festival – Durham, NC

Touted as -

“2 days + 2 outdoor stages + 6 indoor music venues + over 30 world-class performances = 1 mega music festival in Durham, NC”

The sheer number of artists performing is staggering…and this festival has “an app for that” too! Be sure to check the official website for all of the information for this weekend’s performances.

3 BIG Events are Happening in Garner NC

The annual Triangle Beach Music Festival, the Strawberry Festival (in the 40/42 area), and Relay For Life Garner all take place this weekend. Whether you are a beach music fanatic, a lover of all things strawberry or just want to be inspired by the stories of those supporting Cancer research and a cure, there’s something for every interest happening in Garner Friday, April 25th or Saturday, April 26th!

Raleigh Also Has 3 MAJOR Events Happening this Weekend!

Image Courtesy of Lisa Sullivan

The Pit Authentic Barbecue restaurant in Raleigh once again hosts its annual NC ‘Cuegrass Festival on Saturday, April 26th featuring 5 bands playing throughout the day and some of the south’s best barbecue and brew you can ask for. Proceeds benefit the Junior League of Raleigh’s Backpack Buddies Program and the Food Bank of Central and Eastern North Carolina. Eat, listen to great music and give back to two local charities. Again, it’s a win-WIN!

Shop Local Raleigh presents Brewgaloo 2014 featuring local craft brews and several food trucks, not to mention entertainment, it’s sure to also be a GREAT time in downtown Raleigh. Meanwhile, over at the North Carolina State Fairgrounds, check out Spring Fling with games, contests, animal rescue groups, and even an Easter Egg Hunt!

It’s the Final Weekend for Herb Fest in Wake Forest too!

Herb Fest is an annual tradition for the Town of Wake Forest. If you’re into growing your own herbs or organic vegetables, crafting handmade soaps and would like to partake in a cooking class using natural ingredients all the while having some delicious treats and listening to great music, Herb Fest is for you. It’s always a local favorite festival each year attended by hundreds.

So, as you can see this is a VERY busy weekend of events happening all around the Triangle…and these are just a few. To keep up with additional events, be sure and check out our #RDUWknd run down each Friday on our official Twitter page too. If you have any you’d like to add, please comment below!

 

 

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by Lisa Sullivan, Digital Media Marketing Director

Owning a home of your very own has been the so-called “American Dream” for decades. Owning a home exudes financial confidence, independence, a feeling of community and belonging. For many, it’s a step in the right financial direction and it’s no different here in the Triangle. Raleigh, Durham, Chapel Hill and surrounding communities have felt the rush of first-time homebuyers, many who are Generation Y.

Looking at statistics nationally speaking despite new mortgage restrictions implemented in the last year, Millennials still make up 31% of recent home purchases according to the National Assocation of REALTORS®. The average Gen Y home buyer is 29 with a medium income of $73K and they tend to purchase homes with a square footage of 1800 square feet. Additionally, Millennials look for eco-friendly homes as well as neighborhoods that are walkable. Well, in the Triangle we’ve got all that and more!

441 Hidden Springs Drive Durham FMRealty

Recently, Niche, a publication for young adults, ranked the town of Morrisville in the Top 12 of their 25 Best Cities and Neighborhoods for Millennials. If we add in the revitalization of such areas the American Tobacco District in Durham as well as Downtown and Midtown Raleigh and let us not forget the incredible entrepreneur community throughout the Triangle, our community is a hot bed for your generation.

So, how can you make the dream of homeownership a reality? Here are our Top 3 Tips.

#1 – Understand what YOU can afford

We’d like to be able to tell you “the sky’s the limit” but let’s take you back down to reality and rephrase that – the sky’s the limit within your budget. We’re not talking just your mortgage either. You need to consider your overall living expenses per month (i.e. food, insurance – car or other, utility bills, HOA dues when applicable, etc.) as well. A Mortgage Consultant or your financial planner can assist you with figuring out just exactly how much you can afford.

#2 – Savings may not be necessary…or it just may, but it doesn’t hurt to have some

Today’s mortgage rates are still historically low and there are many options available to the first-time homebuyer. Many lenders today require 10-20% down on average, but there are plans that allow you to use a monetary gift towards your home purchase instead. One such plan that tends to work well with Millennial first-time homebuyers is an FHA Loan.  FHA (Federal Housing Administration) Loans require 3% down or sometimes even less. Keep in mind that you’ll need earnest money to place an offer on the home of your choice, the downpayment and money for closing costs, although sometimes those are covered by the seller. Each transaction is different and so we can’t give you a more specific answer than that.

What we do recommend is that you talk to one of our Mortgage Consultants with FM Lending and one of our real estate agents to learn the best options for you. This way, if you can’t quite qualify for a mortgage now, you’ll know what you need to do to get there…and it may not be as difficult as you think either.

#3 – Understand the current real estate market and get pre-qualified

While we just basically did this in our last paragraph, we feel it’s important enough to say it again – we can’t finish our top tips without suggesting that if you’re interested in purchasing your first home in one of our Triangle communities, you really should sit down with a real estate agent that knows the community you wish to live in and can assist you with finding the right home for your budget. S/he will have spent time getting to know the specific neighborhoods you seek, how much homes cost in those neighborhoods, and can factor in all of your particular purchase requirements as well (i.e. square footage you desire, whether the home is on a city-block or within walking distance to a neighborhood dog park, etc.).

Your real estate agent can help you negotiate the best price offer for the home you desire based on current market trends because they will have kept up with them.

BONUS TIP – Don’t ever be discouraged

Achieveing the American Dream of homeownership is not out of reach, especially in the Triangle. Our market is consistently ranked in various “top lists” all year long. As our economy continues on an upswing as well, as more jobs are created, your ability to own your own home, Millennials, is achievable. Know your own parameters, know what you CAN afford, and if you’re not ready yet, we venture to guess you will be in the near future. So, don’t be discouraged. You can own your own home.

If you’d like more information on first-time homebuying, contact one of our Sales Associates today. We really are happy to put you on the right track to your dream.

Image of 441 Hidden Springs Drive Durham courtesy of TMLS and FMRealty.com. Image current at time of publishing.

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Triangle Housing Market Watch: March 2013 Sales Improved BUT More Sellers are Needed

April 17, 2014

If you haven’t already seen the news, we’ll recap it for you. In a nutshell, there are buyers out there. According to our most recent Market Minute Report – Total Triangle, “There was an INCREASE in total units sold in March, with 2,130 sold this month in The Triangle Real Estate.” This is GOOD news. […]

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15 Reasons to Move to The Triangle

April 11, 2014

The following is re-published by permission thanks to the good folks at Penny Realty Group out of our Fonville Morisey Inside the Beltline sales office. They compiled this excellent list of Triangle accolades over the last couple of years. Thanks for sharing, PRG Team! Our team members live all over the Triangle area that includes […]

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Fonville Morisey Sales Offices Participate in Buffini and Company Success Tour Virtually

April 10, 2014

Fonville Morisey stays a step ahead when it comes to the tools and educational opportunities we offer our Sales Associates. Yesterday, all of our Fonville Morisey Sales Offices participated in an extensive virtual training by the exceptional folks at Buffini and Company. Simply titled “Brian Buffini’s Success Tour“, the tour – “is the ultimate combination […]

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Guest Post: Triangle Gardening Tips for April by The Garden Hut

April 4, 2014

The following contribution is by the good folks at The Garden Hut located in Fuquay-Varina. We thank them for sharing their expert knowledge with us! According to WNCN’s morning Meteorologist Bill Reh, this weekend is shaping up to the perfect weekend to work outside in your yard. Bill Tweeted this earlier today – Here’s the […]

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Fonville Morisey Falls Office Holds Unique Fundraiser for Susan G. Komen Race for the Cure

April 3, 2014

The following contribution is by Linda Romano, VP/Sales Associate of our Fonville Morisey Falls sales office in Raleigh. It is the first installment of their April “feature” month series. Thanks for sharing, Linda! Most all of us know someone or know of someone who has fallen victim to breast cancer. The fortunate survivors have all […]

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Celebrating Triangle Businesses on “National Mom & Pop Business” Day – March 29th

March 28, 2014

by Lisa Sullivan, Digital Media Marketing Director OK…we know. You probably just shook your head in disbelief while saying to yourself, “There’s a holiday for that?” Truth be told, there are several online resources that indicate there is, but we have yet to find the true origin of the Day. Regardless, we thought at the […]

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Fonville Morisey in the Community: The Food Bank of CENC Durham Branch is MOVING!

March 26, 2014

by Lisa Sullivan, Digital Media Marketing Director The Food Bank of Central & Eastern North Carolina serves 34 counties in total, including Wake, Durham, and Orange where each of our sales offices are all located. Translation – that means it serves MANY of the families that our agents may also serve at some point in […]

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5 GREAT Places to Dine Al Fresco in the Triangle

March 21, 2014

Spring has arrived! As a matter of fact, our weather for the next couple of days calls for upper 60s and mostly sunny (might even hit 70 tomorrow!). So, we thought we’d share some of our favorite places for dining outdoors in the Raleigh, Durham, Chapel Hill and surrounding communities. These are just five of […]

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