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Happy August Everyone!  

Here is our latest compilation of local real estate updates, local events around the Triangle, Compass offerings and some fun lifestyle tips.

Real Estate Market Updates

LOCAL MARKET REPORT

As we transitioned into the Summer market in Q2, several markets showed increases in housing inventory and closings, signifying a long awaited shift. However, these increases were accompanied by rising interest rates and home prices that continued to climb. Even as buyers saw a slightly less competitive landscape, prices continued on their steady climb. This provided a counter-balance to the heightened inventory. 

Click link to view and download our Q2 2022 Market Report to see in-depth statistics for this region!

DATE the RATE and MARRY the HOME

With interest rates climbing and home values remaining steady, now is the perfect time to shop for your home. Why? Higher interest rates bring LESS competition to buy and perhaps more favorable terms for buyers. 

 Don’t let interest rates deter you from buying THE ONE.

 Instead, “Date” the rate and “Marry” the House. Rates will fluctuate and you can always look for better financing terms when rates improve. Real Estate inventory on the other hand is more unpredictable when it comes to availability and location. So, if the right home catches your eye, don’t delay, 

we’ll help you navigate the ever-changing market.


Local Happenings

Sir Walter Miler

When: August 5

Where: Meredith College, Raleigh


One of America's best (and fastest) track events, the Sir Walter Miler, is a free-admission event featuring an elite field of men and women runners. The event allows fans onto the track at Cardinal Gibbons to scream and cheer as athletes look to set some of the fastest mile times of the year in the U.S.. Learn more.

Beer, Bourbon & BBQ Festival

When: August 5 - 6

Where: Koka Booth Amphitheatre, Cary


Beer sipping, bourbon tasting, music listening and barbecue eating-what's not to love? Don't miss the two-day Beer, Bourbon and BBQ Festival. Admission buys you a souvenir sampling glass so you can enjoy an all-you-care-to-taste sampling of beer and bourbon, plus chow down on some pulled pork, ribs, biscuits and more, all while enjoying all-day live music. Learn more.


Live Music on the Village Green

When: August 7

Where: Southern Village Green, Chapel Hill


Bring a friend and come enjoy Live Music on the Village Green! Music will be performed by Fair To Middlin'. Picnics are encouraged! Learn more.

Skywatching — Perseid Meteor Shower

When: August 12

Where: Dorothea Dix Park, Raleigh


Staff and volunteers from the Morehead Planetarium and Science Center, and Raleigh Astronomy Club will help you look through telescopes to view the Perseid Meteor Shower. Learn more.


Park After Dark

When: August 17

Where:

 310 S. Academy Street, Cary


Enjoy a fun night out in Downtown Cary with your significant other, a group of friends, or just fly solo. These free concerts feature unique food from local vendors and drinks from craft breweries. Learn more.


Packapalooza

When: August 27

Where: Hillsborough Street, Raleigh


This annual, all-day block party and street festival, caps off North Carolina State University's Wolfpack Welcome Week at the start of another academic year. The free and open-to-the-public event features more than 300 vendor booths lining Hillsborough St., along with food, games, arts and crafts, a water slide, visual and performing arts and more. Learn more.

Lazy Daze Arts and Crafts Festival

When: August 27 - 28

Where: Cary Town Hall Campus, Cary


For more than 40 years, the Lazy Daze Arts and Crafts Festival has put local artists and craftsmakers in the spotlight. The Cary festival has grown to two days, features more than 300 artists from 16 states, has multiple stages of live music, a beer garden and plenty of food trucks to keep everyone happy. Learn more.

How can Compass help you?

SELL YOUR HOME, KEEP YOUR PRIVACY 

The Jenne Homes Team of Compass can provide you with a private exclusive listing. This is an off-market home that can be shared directly with Compass agents and their buyers. Property details aren’t disseminated widely and won’t appear on public home search websites. Privacy is the ultimate commodity and the decision to sell your home is a personal one. Call us if you want to learn more!

COMPASS CONCIERGE

Compass Concierge is the hassle-free way to transform your home with zero upfront costs or interest. The Jenne Homes Team will work with you to determine ways to get maximum value with

 home improvement services like painting, staging, flooring and more. When your home sells, you will simply pay back the funds that the program provided. 

Contact me to discuss how

Compass Concierge can help you.

Lifestyle Tips & Tricks

10 Basement Decorating Ideas That Will Transform Your Home's Lower Level


Many home dwellers are quick to transform their basements into gyms, home theaters, or play areas for their little ones—and as you make these decisions, it's important to consider the style and flow of the space. After all, with the right modifications, your basement just might become one of the most trafficked areas in your home. So, shouldn't it look it's best, too?

The Top Interior Design Trends to Watch, According to Experts 


In 2021, people focused on pieces that mix style and practicality — think self-cleaning bidets for a more luxurious bathroom, for example. But this year, everything from bringing the outdoors into experimenting with pattern and texture, and finding design inspiration from past decades are of interest. 

Courtesy of Good Housekeeping


We have new listings COMING SOON in Apex, Wake Forest and N. Raleigh! 

If you or someone you know is looking in these areas, please have them call me!

© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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