Vivian Olkin, GRI® ASP®
Phone:
919-624-5479
Mobile:
919-624-5479
Fax:
919-951-1912

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Featured Property

  • 1812 Becketts Ridge Drive
    Hillsborough, NC
    $0
  • 103 Market Street
    Chapel Hill, NC
    $0
  • 373 Umstead Drive
    Chapel Hill, NC
    $219,000
  • 173 Cedar Terrace
    Chapel Hill, NC
    $150,000
  • 1710 Alzora Court
    Burlington, NC
    $150,000
    3 beds | 2 baths
  • Nicks Bend
    Pittsboro, NC
    $79,900
  • 407 Sharon Road
    Chapel Hill, NC
    $375,000
    5 beds | 3 baths
  • 343 Summerwalk Circle
    Chapel Hill, NC
    $110,000
    2 beds | 2 baths
  • 887 Poythress Road
    Chapel Hill, NC
    $500,000
    4 beds | 4 baths
  • 405 Governor Drive
    Hillsborough, NC
    $389,500
    5 beds | 4 baths
  • 901 Belvin Avenue
    Durham, NC
    $70,000
    3 beds | 1 baths
  • 2007 Angier Avenue
    Durham, NC
    $25,000
    2 beds | 1 baths
  • 207 Holly Ridge Road
    Chapel Hill, NC
    $75,000
    3 beds | 2 baths
  • 3404 Swansea Street
    Durham, NC
    $200,000
    4 beds | 2 baths
  • 120 Marlowe Court
    Carrboro, NC
    $95,000
    2 beds | 2 baths
  • 122 Marlowe Court
    Carrboro, NC
    $95,000
    2 beds | 2 baths
  • 1106 Taylor Street
    Durham, NC
    $49,000
    3 beds | 1 baths
  • 3 N Ridge Place
    Durham, NC
    $600,000
    4 beds | 4 baths
  • 2305 Ashe Street
    Durham, NC
    $45,000
    3 beds | 2 baths
  • 212 Legends Way
    Chapel Hill, NC
    $385,000
    3 beds | 2 baths
  • 1021 Rosedale Avenue
    Durham, NC
    $45,000
    3 beds | 1 baths
  • 103 Michaels Way
    Chapel Hill, NC
    $550,000
    6 beds | 4 baths
  • 16 Elwood Drive
    Pittsboro, NC
    $299,900
    3 beds | 2 baths
  • 3714 Hulon Drive
    Durham, NC
    $265,000
    3 beds | 2 baths
  • 7955 MAC Lane
    Snow Camp, NC
    $850,000
    3 beds | 2 baths
  • 6 Blacksmith Circle
    Durham, NC
    $193,900
    3 beds | 2 baths
  • 281 Summerwalk Circle
    Chapel Hill, NC
    $118,000
    2 beds | 2 baths

What is the Inside Scoop on our local real estate market?

The key word here is local (think location, location, location).  We hear about the economy and foreclosures affecting the real estate market.  We hear doom and gloom.  It's important to have a long term perspective and to realize that real estate is a local market.

It may be snowing in Boston but sunny in Chapel Hill.  There may be a glut of foreclosures in Florida, but a stable housing market in Raleigh.  Weather and real estate:  both local conditions.

The economy and the housing market has its up and down cycles.  In the late 1980s, mortgage rates rose to 20%; people still bought and sold houses.  A few years ago, prime was at 4%.  In California, there was the dot.com boom and bust.  During the boom, people bought houses with cash which is partly why housing prices rose.  When the market went into a slump, people panicked, yet people were and still are buying and selling real estate.

Locally in the Triangle, employment has grown slowly but steadily, and this trend is not likely to stop.  One of the keys to this growth is that this area isn’t dependent on one industry like Detroit for example.  Education, bio-tech, hi-tech, health care, and service industries are strong here.  The Triangle is consistently rated as one of the best places to do business, to live and to retire.  We are somewhat insulated from what is happening elsewhere in the country, which proves that real estate is a local business.

Buyers                           Sellers                          Investors

Call 919-624-5479 or visit http://www.crazyvivhomes.com.

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