Nov
10
Nicole expected to bring gusty winds and heavy rains to the Carolinas

As Nicole travels northward from Florida, we should be prepared.



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The storm is expected to bring high winds and heavy rain later this evening and throughout the day tomorrow. Even if Nicole weakens as it moves north, this large storm has the potential to bring down trees and power lines all along its path through our states.


Duke Energy Carolinas workforce of around 6,000 lineworkers is ready and will repair damage and restore power as quickly as possible.


Here are some tips for you to prepare:



  • Visit Storm Center for tips on ways to stay safe before, during and after severe weather hits.

  • Always assume downed lines are energized and stay away. Also, remember that power lines can be hidden by d...

Nov
03
Oct
05
Sep
07
Sep
05
What’s Actually Happening with Home Prices Today?

What’s Actually Happening with Home Prices Today?


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One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.

Part of the challenge is that it can be hard to understand what experts are saying when the words they use sound similar. Let’s break down the differences among those terms to help clarify what’s actually happening today.

. Appreciation is when home prices increase.
. Depreciation is when home prices decrease.
. Deceleration is ...

Sep
01
Buyers: You May Face Less Competition as Bidding Wars Ease

Buyers: You May Face Less Competition as Bidding Wars Ease




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One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way.

But here’s the news you’ve been waiting for: data shows clear signs bidding wars are easing this year.

According to the National Association of Realtors (NAR), the average number of ...

Aug
10
Should You Buy a Home with Inflation This High?

Should You Buy a Home with Inflation This High?


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While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now?


Greg McBride, Chief Financial Analyst at Bankrate, explains how inflation is affecting the housing market:


“Inflation will have a strong influence on where mortgage rates go in the months ahead. . . . Whenever inflation finally starts to ease, so will mortgage rates — but even then, home prices are still subject to demand and very tight supply....


Aug
04
Jul
13
Jul
12
The Drop in Mortgage Rates Brings Good News for Homebuyers

The Drop in Mortgage Rates Brings Good News for Homebuyers


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