“Understanding the supply and demand dynamics of the Raleigh real estate market is an integral part of being an expert to my clients,” says Michael Porter with Novus Home Quest, a division of Coldwell Banker Howard Perry & Walston, a local North Raleigh real estate company. Novus Home Quest offers all the assistance and expertise you need to sell your house quickly and/or get access to Raleigh houses for sale within your desired budget range and home features.
Included in the Novus Home Quest suite of real estate services they offer to valuable clients are tools that make it incredibly easy for them to sell their homes for top dollar and invest in a new real estate property by enabling their clients to use proprietary strategies that capitalize on great investment opportunities which exist in the hot Raleigh real estate market. These tools include access to a virtual market analysis system that allows them to find out the true market value of their home versus the very inaccurate websites like Zillow or Trulia, along with running a pricing model of their prospective homes through real-time analysis of the location and other relevant economic factors. While many people rely on the Zillow Zestimate®, these fully automated and instant “estimating systems” have serious deficiencies that simply result in faulty valuations, often much lower than what is the reality on the ground,” according to real estate expert Michael Porter.
Being a well-experienced real estate agency in Raleigh, NC, Porter highlights that there has been an increase in the gap between the number of homes for sale and customers currently in the active buying phase of their search for a new home. Furthermore, forecasts and reports indicate that an increase in “abnormally low” mortgage rates can be expected in the upcoming year with the Fed already taking action recently to increase the Fed funds rate signalling the upward trend has already begun like many economists have predicted. In fact, this September 2018 article in Housing Wire discussed “much higher” rates in 2019.
“The local Raleigh housing market is currently experiencing a short supply of homes for sale. With such limited inventory in this seller’s market, it is crucial to embrace innovation + technology + access to the right data to be able to make the right decisions quickly with multiple offers being a typical scenario right now,” notes Michael Porter, founder of Novus Home Quest.
With a shortage of inventory and mortgages on a slow but steady rise, this right now proves to be a favorable one for finding the best opportunities –whether you’re a homeowner looking to sell or a new buyer looking to find the best opportunity that fits your budget, geographic and other non-negotiable features or qualities in the home buying process.
For those looking to sell or buy, it is important to always work with the very latest data. By understanding the real needs of their clients, good real estate agents like Michael Porter with Novus Home Quest, make buying a home or selling your house a seamless, 5-star real estate experience.
Novus Home Quest’s website offers potential buyers and sellers a reliable platform and online resource; making sure they have access to information needed to make critically informed decisions.
Additionally, Novus Home Quest’s website features a lengthy list of homes and properties including apartments, estates, and townhouses for sale. Homeowners and sellers can find out the details of buying property, information on local neighborhoods and the houses for sale in geo-specific areas, tips on selling a property, and even get access to foreclosure listings in their current vicinity or other locations that they may be interested in.
About Novus Home Quest
Founded by Michael Porter, an industry leading Raleigh Realtor®, Novus Home Quest main office is in the North Hills of Raleigh, North Carolina off Falls of Neuse Rd. Best known for delivering a 5-Star Real Estate Experience through a professional and dedicated team, Novus Home Quest comes highly recommended by its clients! To learn more about their services visit https://novushomequest.com