Weaver Appraisal Group

06/19/2025

Our April Monthly Housing Report shows that the income needed to buy a median-priced home ($431,250) has jumped by +70.1%, that’s nearly $47,000 more than in April 2019.

To afford a home at that price today, a household would need to earn about $114,000 a year, assuming:
• A 30-year fixed mortgage
• A 20% down payment
• No more than 30% of income spent on housing

Since 2019, the required income to buy a home has risen sharply in many areas. These markets saw the largest jumps:
→ Memphis (+94.8%)
→ Providence (+92.8%)
→ Las Vegas (+86.5%)

See the full report: https://rltor.cm/42672t

11/19/2024

And our MLS fees just went up??

Leaders spent thousands on Hamilton tickets and other luxuries with corporate credit cards, as former execs stayed on the payroll, The New York Times reported.

07/22/2024

Granville County residents! Tax bills are starting to arrive and you are not going to like it at all. Call me at 919-672-6822 to discuss your appeal options.

05/29/2024

See where your state ranks….

Home prices and mortgage rates are rising faster than wages, making it harder for people to afford homes.

“All states across the U.S. experienced this deterioration in affordability. Mortgage rates and home prices have hovered around the same level over the last year, which means that nationally, affordability has not gotten significantly worse, but it has not improved much either,” says Realtor.com senior economic data analyst Hannah Jones.

See the full report: https://rltor.cm/d4ux51

04/30/2024

Interesting article. This Gen X’er will also be “aging in place” 😎

Over the past two decades, the median homeowner tenure has jumped from 6.5 years to 11.9 years.

03/13/2024

Granville County's 2024 Real Estate Revaluation process continues over the next few months. See below for important upcoming dates and be sure to contact the Tax Administration Office at 919-693-4181 or visit www.granvillecounty.org/reval for more information.

𝐖𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐰𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬?

All property owners have received their assessment notices and property owners can request that Tax Assessment staff reconsider their values by contacting 919-693-4181. To expedite decision making by property owners, Granville County offers a comparable property sales search tool to allow residents to gather data before meeting with Tax Administration staff or filing a formal appeal. The comparable sales tool can be accessed here: https://nc-granville-citizen.comper.info/template.aspx

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝐝𝐚𝐲 𝐭𝐨 𝐟𝐢𝐥𝐞 𝐚𝐧 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐥 𝐚𝐩𝐩𝐞𝐚𝐥 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐓𝐚𝐱 𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐎𝐟𝐟𝐢𝐜𝐞?

Monday, April 29

𝐖𝐡𝐚𝐭 𝐢𝐟 𝐈 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐟𝐢𝐥𝐞 𝐚 𝐟𝐨𝐫𝐦𝐚𝐥 𝐚𝐩𝐩𝐞𝐚𝐥?

Formal appeals of tax assessment values are heard by the Board of Equalization and Review (E&R), which in Granville County is composed of the members of the Board of County Commissioners.

The Board of E&R will hold their first meeting on Monday, April 29 and their final meeting on Monday, June 3. Applications to appeal must be filed with the Tax Administration Office. To do so, fill out the form available here:https://www.granvillecounty.org/wp-content/uploads/2024/02/2024-Appeal-Forms.pdf

You will be contacted by Tax Administration staff with the date and time of your appeal. All Board of E&R meetings are open to the public and will be held at the Granville County Convention and Expo Center (4185 US Highway 15, Oxford). A full list of hearing dates will be advertised soon.

𝐂𝐚𝐧 𝐈 𝐚𝐩𝐩𝐞𝐚𝐥 𝐚 𝐁𝐨𝐚𝐫𝐝 𝐨𝐟 𝐄&𝐑 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧?

Yes. Property owners can appeal Board of E&R decisions with the North Carolina Property Tax Commission. Appeals must be filed no more than 30 days after your Board of E&R hearing.

For more information about the NC Property Tax Commission, follow this link: https://www.ncdor.gov/taxes-forms/property-tax/property-tax-appeal-process/property-tax-commission-ptc

02/20/2024

A huge thank you to this client! Schedule yours today by calling 919-672-6822.

02/16/2024

Granville County tax reevaluation’s are hitting mailboxes and I have received a couple calls already. One owner’s new tax value appeared to be more than $100,000 over the best sales I could find in all of 2023. There’s not much time to appeal. You can call or text me at 919-672-6822.

01/12/2024

Huge homeowners rate increase has been requested.

The NC Insurance Commissioner Mike Causey, announced earlier this month that the North Carolina Rate Bureau filed a rate filing with the North Carolina Depar...

11/15/2023

Housing markets are inherently local as many reports show. While reliable data for larger metros and states are relatively easy to find, they often don’t exist for smaller counties. The AEI Housing Center’s State and County data fill this void by providing comprehensive insights into various hou...